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Yamaha MT-03

Yamaha · Motorcycle

MT-03 Variants & Prices

₹3.50 Lakhex-showroom · last updated 2026

Check on-road pricevs Husqvarna Svartpilen 401Official site ↗
Engine
321cc
Power
41.4bhp
Weight
167kg
EMI starting from ₹5,000/month · subject to bank approval

02 / Variants

Yamaha MT-03 Variants and Ex-Showroom Prices

Yamaha keeps the MT-03 lineup simple in India - there is exactly one variant, the Standard, priced at Rs 3,29,608 ex-showroom in Delhi. There are no higher-spec trims, no additional features package, and no variant-based pricing difference. The only choice you make is colour: Midnight Cyan or Midnight Black.

This single-variant approach is typical of how Yamaha positions the MT-03 as a CBU import - the full specification is baked in from the factory, and there's no base-vs-top trim ladder to navigate. You get dual-channel ABS, USD forks, Y-Connect app integration, and full LED lighting as standard on every bike.

Ex-showroom prices across key cities:

City Ex-Showroom Price
Delhi Rs 3,29,608
Mumbai Rs 3,30,286
Hyderabad Rs 3,29,607
Bangalore Rs 3,29,608

Note that on-road prices vary significantly by city due to differing RTO (road tax) rates. Hyderabad and Bangalore tend to have higher road tax slabs for bikes above 300cc, pushing on-road costs well above Rs 4 lakh in those cities. Delhi offers the most affordable on-road price at around Rs 3.79 lakh.

SpecStandard
Price₹ 3,29,908
Engine321 cc
Max Power41.4 bhp
Mileage (ARAI)—
ABS—
WheelsAlloy Wheels
Start TypeSelf Start
Tyres—
Colours2

Since there's only one variant, the buying decision is straightforward once you've chosen the MT-03. Negotiate on accessories - Yamaha dealers typically offer helmet packages, extended warranty, or free first service. Avoid paying for accessories like crash guards or tank pads at showroom rates; the aftermarket has better options at half the price. Always confirm on-road pricing in writing before signing - insurance and handling charges vary between dealerships.

Frequently Asked Questions

QHow many variants does the Yamaha MT-03 come in India?▾
The Yamaha MT-03 is offered in a single Standard variant in India, priced at Rs 3,29,608 ex-showroom in Delhi. There are no higher-spec trims or base-vs-top tier choices - all bikes come fully equipped with dual-channel ABS, USD forks, and LED lighting as standard.
QWhich variant of Yamaha MT-03 offers the best value for money?▾
Since the Yamaha MT-03 has only one variant in India, the question is simply whether the bike as a whole represents good value. At Rs 3,29,608 ex-showroom, it's slightly pricier than the KTM 390 Duke but is the most affordable genuine parallel-twin naked available new in India - and includes dual-channel ABS, KYB USD forks, and full LED lighting as standard.
QDoes the Yamaha MT-03 get dual-channel ABS on all variants?▾
Yes - since there is only one variant of the MT-03 in India, dual-channel ABS is standard across the board. Both the 298mm front disc and 220mm rear disc are ABS-equipped, with no non-ABS option available in line with government regulations for bikes above 125cc.
QIs there a price difference between Midnight Cyan and Midnight Black on the Yamaha MT-03?▾
No - both colour options on the Yamaha MT-03 (Midnight Cyan and Midnight Black) are priced identically at Rs 3,29,608 ex-showroom in Delhi. Colour selection is purely a matter of visual preference, with no specification or price difference between the two.