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Yamaha R3

Yamaha · Motorcycle

R3 On Road Price in Nashik

₹3.60 Lakhex-showroom · last updated 2026

Engine
321cc
Power
41.4bhp
Weight
169kg
EMI starting from ₹5,000/month · subject to bank approval

03 / On-Road Price

Yamaha R3 On-Road Price in Nashik 2026

The on-road price of Yamaha R3 in Nashik, Maharashtra is ₹3,97,195 for 2026. This is the total amount you will pay to ride the bike out of the showroom, and it breaks down as follows:

  • Ex-showroom price: ₹3,39,332 - this is the base price of the bike before any state taxes or registration charges.
  • Road tax (RTO): ₹37,327 - calculated at 11% of the ex-showroom price. Maharashtra's RTO rate applies to the 321 cc displacement of the Yamaha R3.
  • Insurance: ₹17,036 - this covers third-party liability (mandatory) at ₹7,365 and own-damage cover at ₹9,671. Comprehensive insurance is strongly recommended for a bike at this price point.
  • Dealer/handling charges: ₹3,500 - standard across all Yamaha dealerships.

The Yamaha R3 is powered by a 321cc parallel-twin engine producing 42 PS, and it comes with dual-channel ABS as standard equipment. It is available in one variant - R3 STD - in two colour options: Icon Blue and Yamaha Black.

When budgeting for the Yamaha R3 in Nashik, keep in mind that the on-road price of ₹3,97,195 does not include optional accessories or extended warranty. Yamaha offers accessories like a seat cowl (Rs 5,800) and a windscreen kit (Rs 6,900) that many owners add at delivery.

For EMI calculation: at a standard 80% financing of the on-road price ₹3,97,195 over 36 months at approximately 9% p.a., the monthly EMI works out to around Rs 11,000-13,000 depending on the exact loan terms and processing fees charged by the financing partner. Yamaha dealerships in Nashik typically work with HDFC Bank, ICICI Bank, and Bajaj Finance for two-wheeler loans - it is worth getting quotes from all three before committing.

On-Road Price in Nashik

Maharashtra — based on base variant (ex-showroom)

Ex-Showroom Price₹3,39,332
Road Tax (11%)₹37,327
InsuranceThird Party (5yr): ₹7,365 | Own Damage (1yr): ₹9,671₹17,036
Other ChargesHandling, smart card, number plate₹3,500
On-Road Price₹3,97,195

Maharashtra levies 11% road tax on two-wheelers, calculated on the ex-showroom price. The fee is paid once at the Regional Transport Office (RTO) during registration. Maharashtra has a dense dealer network, and on-road prices are consistent across Mumbai, Pune, Nagpur, and other cities in the state.

VariantEx-ShowroomOn-Road (Nashik)
Standard₹ 3,39,332₹3,97,195

* On-road prices are indicative. Includes road tax at 11%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.

When finalising your Yamaha R3 purchase in Nashik, Maharashtra, a few tips can help you get the best deal. Ask the dealer for a full breakdown of the on-road quote in writing - the ₹3,97,195 figure should be itemised. Dealer-added charges beyond the standard ₹3,500 handling fee are negotiable, especially during end-of-quarter or festive season sales. On insurance, avoid the dealer's in-house policy without comparing rates on Policybazaar or Acko first - own-damage premiums can vary significantly between insurers for a bike at this price. Finally, confirm the exact delivery timeline for your preferred colour, as Yamaha Black sometimes requires 2-4 weeks of wait time at busy dealerships in Nashik.

Frequently Asked Questions

QWhat is the on-road price of the Yamaha R3 in Nashik?
The on-road price of Yamaha R3 in Nashik, Maharashtra is ₹3,97,195. This includes an ex-showroom price of ₹3,39,332, road tax of ₹37,327 at the 11% rate in Maharashtra, and total insurance of ₹17,036.
QWhat is the road tax (RTO) for the Yamaha R3 in Maharashtra?
The road tax for the Yamaha R3 in Maharashtra is ₹37,327, calculated at 11% of the ex-showroom price of ₹3,39,332. This is a one-time payment made at the time of registration and contributes to the total on-road price of ₹3,97,195 in Nashik.
QWhat is the monthly EMI for the Yamaha R3 in Nashik?
Based on the on-road price of ₹3,97,195 in Nashik, an 80% loan over 36 months at approximately 9% p.a. results in a monthly EMI of around Rs 12,000-13,000 depending on the lender. Yamaha dealerships in Nashik typically work with HDFC Bank, ICICI Bank, and Bajaj Finance for two-wheeler financing.
QWhat does insurance cost for the Yamaha R3 in Nashik?
Comprehensive insurance for the Yamaha R3 in Nashik costs approximately ₹17,036, covering mandatory third-party liability at ₹7,365 and own-damage cover at ₹9,671. Comparing rates on Policybazaar or Acko before buying can help reduce the own-damage component of ₹9,671.

On-Road Price in Other Cities

CityOn-Road Price (from)
Mumbai₹3,97,195
Pune₹3,97,195
Nagpur₹3,97,195