# Yamaha MT-03 — Price, Specs & Review 2026

> Yamaha MT-03 starts at ₹3,49,900. The Yamaha MT-03 is a 321cc parallel-twin hyper-naked priced at Rs 3.30 lakh ex-showroom - 41.4 bhp of twin-cylinder per.

Source: https://indianautoforum.com/bikes/yamaha/mt-03

## Yamaha MT-03 — Overview
The Yamaha MT-03 is a 321cc parallel-twin hyper-naked priced at Rs 3.30 lakh ex-showroom - 41.4 bhp of twin-cylinder performance with sharp MT-series styling for Indian riders.

For Rs 3.30 lakh, the Yamaha MT-03 puts a 321cc parallel-twin engine under you - the same basic platform that underpins the YZF-R3 supersport, now stripped naked and given the aggro MT face. It's one of the few genuine twin-cylinder naked bikes at this price in India, competing directly with the KTM 390 Duke while delivering a fundamentally different riding character: smooth, rev-happy, and surprisingly comfortable for a naked streetfighter. The MT-03 arrived in India as a CBU import from Indonesia, and Yamaha dropped the price by nearly ₹1 lakh in 2025, making it a genuinely interesting option for riders who want the twin-cylinder experience without going into the used market. The trade-off is real: at this price, you don't get a TFT screen, slipper clutch, or riding modes. What you do get is a 321cc motor that rewards you all the way to its 12,000 rpm redline, a chassis that leans impressively despite basic suspension, and Yamaha's signature build quality that holds up over years of ownership.

## Key Specifications
| Spec | Value |
|------|-------|
| Engine | 321 cccc |
| Max Power | 41.4 bhp |
| Fuel Type | Petrol |
| Transmission | 6 Speed Manual |
| Kerb Weight | 167 kg kg |
| Seat Height | 780 mm mm |
| Fuel Tank | 14 litres L |
| Top Speed | 170 kmph kmph |
| Front Brake | Disc Brakes |
| Rear Brake | Disc |
| Wheel Type | Alloy Wheels |
| Price (from) | ₹3,49,900 |

## Recent Updates
- 2026-06: The 2026 Yamaha MT-03 is expected to launch in India around September 2026 at an estimated ex-showroom price of Rs 3,60,000, based on listings on BikeDekho and ZigWheels. The new model is anticipated to carry over the global 2025 MT-03 upgrades including a slipper/assist clutch, TFT console, and revised styling - Yamaha has not officially confirmed the India launch date or specifications.
- 2025-12: Yamaha India discontinued the MT-03 (and YZF-R3) in December 2025, with dealerships across the country confirming zero inventory of either model. Yamaha confirmed that a new-generation MT-03 is expected to arrive in India in mid-2026, though the company did not provide a firm launch date at the time of discontinuation.
- 2025-03: Yamaha launched the 2025 MT-03 globally in March 2025, adding a slipper/assist clutch, updated smartphone connectivity via the Y-Connect app, and new colour schemes - key upgrades that Indian buyers are likely to receive when the next-generation MT-03 arrives in the country later in 2026.
- 2025-01: Yamaha India slashed the MT-03's ex-showroom price in Delhi by Rs 1,10,000 - from Rs 4,59,900 to Rs 3,49,900 - effective January 31, 2025, in a bid to compete more directly with the KTM 390 Duke. A subsequent GST-related reduction of approximately Rs 20,000 further brought the price down to Rs 3,29,608, making it the most affordable the MT-03 has ever been in India.

## Yamaha MT-03 — Pros & Cons

**What We Like**
- ✓ Smooth, rev-happy 321cc parallel-twin engine with linear power delivery all the way to 12,000 rpm
- ✓ Premium hyper-naked styling with aggressive MT-series DNA - one of the best-looking bikes at this price
- ✓ Lightweight and agile at 167 kg - inspires confidence on mountain roads and quick city lane changes
- ✓ Comfortable upright riding position that works for both daily commuting and long NH touring stints

**What Could Be Better**
- ✗ Snatchy throttle response at low city speeds makes bumper-to-bumper Mumbai or Delhi traffic genuinely tedious
- ✗ No slipper clutch, TFT display, Bluetooth connectivity, or riding modes at this price point
- ✗ Pricier than the KTM 390 Duke (which has more power and better features) - the twin-cylinder tax is real

## Should You Buy the Yamaha MT-03?
The Yamaha MT-03 is the right buy if you specifically want the twin-cylinder experience in a manageable, well-built package - and you're willing to pay a small premium over the KTM 390 Duke for a smoother, less aggressive character. It's not the most feature-rich or the fastest option at Rs 3.30 lakh, but it's refined, reliable, and genuinely fun to rev. If you value a civilised ride, Yamaha's build quality, and the feeling of a proper parallel-twin over outright specifications on paper, the MT-03 earns its price.

## FAQs

**What is the ex-showroom price of Yamaha MT-03 in India?**
The Yamaha MT-03 is priced at Rs 3,29,608 ex-showroom in Delhi and Rs 3,30,286 in Mumbai. It is offered in a single Standard variant in two colours - Midnight Cyan and Midnight Black - with no price difference between them.

**What is the mileage of Yamaha MT-03?**
The Yamaha MT-03 returns an ARAI-certified mileage of 26.31 kmpl. Real-world figures from Indian owners range between 24 and 28 kmpl in city riding, with highway runs at steady 80-100 kmph touching closer to 30 kmpl.

**Is Yamaha MT-03 available in India?**
Yes, the Yamaha MT-03 is currently available at authorised Yamaha dealerships in India as of June 2026, priced at Rs 3,29,608 ex-showroom in Delhi. The bike was briefly discontinued but relaunched in 2025 with a substantial price cut. A next-generation 2026 model is expected later this year.

**Does Yamaha MT-03 come with a slipper clutch?**
No, the India-spec Yamaha MT-03 does not come with a slipper clutch. This is one of its most cited shortcomings - aggressive downshifts can cause rear wheel hop without the assist of a slipper/assist clutch, which is now standard on key rivals like the KTM 390 Duke.

**Is Yamaha MT-03 good for long rides in India?**
Yes - the MT-03's upright handlebar and flat seat make it comfortable on extended highway stints. The 14-litre fuel tank provides a range of approximately 360 km per fill. Non-adjustable suspension handles NH surfaces well, and the light 167 kg kerb weight reduces fatigue on long rides.

**How does Yamaha MT-03 compare with KTM 390 Duke?**
The KTM 390 Duke is cheaper, more powerful at 46 PS vs 41.4 bhp, and better-equipped with a TFT display, slipper clutch, and riding modes. The MT-03 counters with a smoother parallel-twin character, superior long-ride comfort, and Yamaha's build quality. Choose the Duke for performance and features; choose the MT-03 for refinement and everyday usability.

**What is the EMI for the Yamaha MT-03 base variant?**
At Rs 3,29,608 ex-showroom in Delhi with 20% down payment and a 60-month loan at 8.5% interest, the EMI works out to approximately Rs 6,859 per month. For a shorter 36-month tenure at 9.5%, the EMI is approximately Rs 8,400 per month. Final figures depend on the bank and credit profile.

**What is the service cost of Yamaha MT-03 in India?**
Yamaha recommends oil changes every 6,000 km and a full service at 12,000 km intervals. A standard service at an authorised dealer costs approximately Rs 2,500-4,000. As a CBU import, some spare parts may have longer lead times and higher costs than locally assembled bikes - factor this into ownership cost calculations.

## Related
- [Specifications](/bikes/yamaha/mt-03/specifications)
- [Variants & Prices](/bikes/yamaha/mt-03/variants)
- [Price in India](/bikes/yamaha/mt-03/price)
- [Reviews](/bikes/yamaha/mt-03/reviews)
- [Photos](/bikes/yamaha/mt-03/photos)