1/12Tap to zoomYamaha MT-03
Yamaha · Motorcycle
MT-03 On Road Price in Ghaziabad
₹3.50 Lakhex-showroom · last updated 2026
- Engine
- 321cc
- Power
- 41.4bhp
- Weight
- 167kg
03 / On-Road Price
Yamaha MT-03 On-Road Price in Ghaziabad, Uttar Pradesh - 2026
The on-road price of Yamaha MT-03 in Ghaziabad, Uttar Pradesh is ₹3,79,867. This is the total amount you'll pay to ride the MT-03 legally on Indian roads - it breaks down into four components.
Ex-showroom price: ₹3,29,908 This is the base manufacturer price before state taxes. Yamaha's ex-showroom price for the MT-03 is consistent across most cities - the variation in on-road cost comes from state-level road tax differences, not from the ex-showroom figure.
Road Tax (RTO): ₹29,692 (9% of ex-showroom) Road tax in Uttar Pradesh is charged at 9% for the Yamaha MT-03 based on the engine displacement and ex-showroom price bracket. This is a one-time payment made at the time of registration and is non-refundable. States like Telangana and Karnataka charge significantly higher road tax on bikes above 300cc compared to Delhi, which is why on-road prices in Hyderabad and Bangalore are higher.
Insurance: ₹16,767 This includes both third-party (TP) insurance - mandatory by law and fixed by IRDAI - and own-damage (OD) insurance. The Yamaha MT-03's comprehensive insurance covers theft, accidental damage, and third-party liability. You can reduce the OD premium by purchasing separately through online insurers rather than through the dealership.
Dealer/Handling charges: ₹3,500 These cover temporary registration, number plate fitting, and dealer handling. This is a fixed charge across most dealerships.
Total On-Road Price in Ghaziabad: ₹3,79,867
This is valid for the 2026 model year. Prices are subject to change with any revision in road tax slabs, insurance premiums, or ex-showroom price by Yamaha India.
On-Road Price in Ghaziabad
Uttar Pradesh — based on base variant (ex-showroom)
| Ex-Showroom Price | ₹3,29,908 |
| Road Tax (9%) | ₹29,692 |
| InsuranceThird Party (5yr): ₹7,365 | Own Damage (1yr): ₹9,402 | ₹16,767 |
| Other ChargesHandling, smart card, number plate | ₹3,500 |
| On-Road Price | ₹3,79,867 |
Uttar Pradesh charges 9% road tax on two-wheelers. The rate applies uniformly across all cities in the state including Lucknow, Agra, Kanpur, Noida, and Ghaziabad. Despite Noida and Ghaziabad being part of the NCR, they fall under UP's RTO and have different on-road prices than Delhi.
| Variant | Ex-Showroom | On-Road (Ghaziabad) |
|---|---|---|
| Standard | ₹ 3,29,908 | ₹3,79,867 |
* On-road prices are indicative. Includes road tax at 9%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.
When buying the Yamaha MT-03 in Ghaziabad, keep these practical points in mind: First, confirm the on-road price in writing - some dealerships add undisclosed charges for accessories or extended warranty without your consent. Second, compare insurance quotes from at least three insurers online (Acko, Digit, Bajaj Allianz) before accepting the dealership's insurance offer - you can save Rs 3,000-5,000 on the OD premium. Third, if you're financing, calculate your EMI based on the total on-road price of ₹3,79,867 minus your down payment - not just the ex-showroom figure. Most banks in Uttar Pradesh offer 12-36 month tenure for the MT-03 at 9-11% interest rates. The final on-road price of ₹3,79,867 in Ghaziabad is your true cost of ownership start.