# Yamaha MT-03 — Variants & Prices 2026

> All 1 variant of Yamaha MT-03 with ex-showroom prices.

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

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.

## Variants
| Variant | Ex-showroom Price |
|---------|------------------|
| Standard | ₹ 3,29,908 |

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.

## FAQs

**How 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.

**Which 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.

**Does 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.

**Is 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.

## More
- [Overview](/bikes/yamaha/mt-03)
- [Full Specifications](/bikes/yamaha/mt-03/specifications)
- [Price in India](/bikes/yamaha/mt-03/price)