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Registered Office

ADDRESS
Mahindra First Choice Wheels Limited, 602, 6th Floor, Tower - B, Embassy 247, LBS Road, Vikhroli (West), Mumbai - 400083
CONTACT
+91 9606045096
EMAIL
contact@carandbike.com
© Mahindra First Choice Wheels Limited 2025. All rights reserved.

Yamaha MT-03 On-Road Price in Mumbai By Variants

Variants
*Ex-Showroom Price
Compare
STD
Petrol, 0.00 KM/L
Starts at
₹ 3.23 Lakh

Calculate EMI Cost of MT-03

Calculate the EMI cost of owing a Yamaha MT-03 in Mumbai based on your loan amount, tenure and interest rate.
₹0₹ 3.23 Lakh
051015202530
012243648607284
*Ex-Showroom Price
₹ 3.23 Lakh
Principal Amount
₹ 3.23 Lakh
Interest Amount
₹ 60,363
Monthly EMI
₹10,636

Price BreakDown

On-Road Price
₹ 3.5 Lakh
*Ex-Showroom Price
₹ 3.23 Lakh
Road Tax
₹ 22,579
Insurance
₹ 5,342

Get On Road Price Calculator

Find *Ex-Showroom, RTO, insurance and the full on-road price by selecting make, model and city.

MT-03 Prices in Nearby Cities Around Mumbai

Valsad₹ 3.47 Lakh
Nashik₹ 3.50 Lakh
Pune₹ 3.50 Lakh
Satara₹ 3.50 Lakh
Thane₹ 3.50 Lakh
Raigarh(MH)₹ 3.50 Lakh

Price Range By Fuel Type

Popular Bikes of Yamaha

Popular Yamaha Bikes
  • Yamaha YZF R3
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    • fuel icon
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    • bodytype icon
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    ₹ 3.32 L
    EMI starts at
    ₹ 10,941
  • Yamaha FZ 25
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    • fuel icon
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      43 KM/L
    • bodytype icon
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    ₹ 1.35 - 1.37 L
    EMI starts at
    ₹ 4,445
  • Yamaha Aerox 155
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    +2 Variants
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    • bodytype icon
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    ₹ 1.35 - 1.36 L
    EMI starts at
    ₹ 4,463
  • Yamaha FZ V3.0 FI
    Yamaha FZ V3.0 FI
    +1 Variants
    • fuel icon
      Petrol
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      45 KM/L
    • bodytype icon
      Sports
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    ₹ 1.06 L
    EMI starts at
    ₹ 3,502
  • Yamaha FZ S V3.0 FI
    Yamaha FZ S V3.0 FI
    +2 Variants
    • fuel icon
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      49 KM/L
    • bodytype icon
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    * Ex-Showroom
    ₹ 1.07 - 1.1 L
    EMI starts at
    ₹ 3,523

Price of Yamaha MT-03 Alternatives in Mumbai

  • Kawasaki Ninja 300
    Kawasaki bikeKawasaki Ninja 300
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      26 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.16 L
    EMI starts at
    ₹ 10,427
  • KTM 390 Duke
    KTM bikeKTM 390 Duke
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      35 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.15 L
    EMI starts at
    ₹ 10,396
  • Yamaha YZF R3
    Yamaha bikeYamaha YZF R3
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      25 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.32 L
    EMI starts at
    ₹ 10,941
  • Husqvarna Svartpilen 401
    Husqvarna bikeHusqvarna Svartpilen 401
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      29 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.12 L
    EMI starts at
    ₹ 10,291
  • KTM RC 390
    KTM bikeKTM RC 390
    +2 Variants
    • fuel icon
      Petrol
    • mileage icon
      35 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.38 - 3.38 L
    EMI starts at
    ₹ 11,136

Yamaha Bike Dealers in Mumbai

View Yamaha Bike Dealers in Mumbai
Automax Automotive
Shop No A3, Tulsi Deep Co-op-hsc, Kumud Nagar, S V Road, Next To Goregaon Police Stn, Goregaon West, Goregaon, Mumbai,Maharashtra-400062
Dolphin Bikes
Shop No 1 2 3 4, Akrama Compound , Andher--ghatkopar Road , Near Asalpha Metro Station , Ghatkopar(west) , Mumbai 4,Maharashtra-400084

Yamaha Bike Service Centers in Mumbai

View All Yamaha Bike Service Centers in Mumbai
Kamla Landmarc Motorbikes Pvt. Ltd -Lower Parel Showroom
Shilp Tower, Ground Floor, Shop No. 12, Junction of P. B. Marg & N. M. Joshi Marg, Next to Deepak Cinema, Lower Parel, Mumbai, Maharashtra, 400013
Ganesh Enterprises

Yamaha Bike Service Centers in Popular Cities

  • Yamaha Bike Service Centers in BangaloreBangalore
    (19 Service
    Centers)
  • Yamaha Bike Service Centers in PunePune
    (15 Service
    Centers)
  • Yamaha Bike Service Centers in MumbaiMumbai
    (10 Service
    Centers)
  • Yamaha Bike Service Centers in HyderabadHyderabad
    (10 Service
    Centers)
  • Yamaha Bike Service Centers in ThaneThane
    (7 Service
    Centers)
  • Yamaha Bike Service Centers in ChennaiChennai
    (6 Service
    Centers)
  • Yamaha Bike Service Centers in New DelhiNew Delhi
    (5 Service
    Centers)
  • Yamaha Bike Service Centers in LucknowLucknow
    (4 Service
    Centers)
  • Yamaha Bike Service Centers in KolkataKolkata
    (2 Service
    Centers)
  • Yamaha Bike Service Centers in ChandigarhChandigarh
    (2 Service
    Centers)

Get On Road Price Calculator

Find *Ex-Showroom, RTO, insurance and the full on-road price by selecting make, model and city.

Yamaha MT-03 News & Reviews

  • NewsNews
  • Expert ReviewExpert Review
  • 2019 Yamaha MT-03 Unveiled At Bangkok Motor Show
    car&bike Team | Apr 8, 2019
    2019 Yamaha MT-03 Unveiled At Bangkok Motor Show
    Yamaha Motor has pulled the wraps off the 2019 MT-03 street-fighter motorcycle at the Bangkok Motor Show in Thailand. The updated offering is based on the YZF-R3 sharing the engine, chassis and several cycle parts but does get changes to match a naked motorcycle's mannerisms. For 2019, the updated Yamaha MT-03 gets a new white and red paint scheme in addition to the existing colour options available. Visually, styling changes are minimal and the bike carries over the design language from the older model.
    1 min
  • 2023 Yamaha MT-03 Track Review: Fun & Forgiving, But Is It Worth It?
    Preetam Bora | Dec 20, 2023
    2023 Yamaha MT-03 Track Review: Fun & Forgiving, But Is It Worth It?
    The Yamaha MT-03 is the naked version of the R3, and as we found out, it’s fun, forgiving and comfortable. All great qualities but is it worth its Rs. 4.60 lakh price tag?
    6 mins

Yamaha MT-03 Price Related FAQs

The on-road price of Yamaha MT-03 in Mumbai is Rs. 3.5 Lakh.
The RTO charges of Yamaha MT-03 in Mumbai is Rs. 22,579.
The Insurance charges of Yamaha MT-03 in Mumbai is Rs. 5,342.
The on-road price of top variant STD in Mumbai is Rs. 3.5 Lakh.
The on-road price of cheapest variant STD in Mumbai is Rs. 3.5 Lakh.
EMI for Yamaha MT-03 starts at Rs. 9,563 in Mumbai .

Any Questions? Ask the Expert

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User Reviews of Yamaha MT-03

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Compare with Yamaha MT-03 Alternatives

  • Yamaha FZ S V4.0 FI
    Yamaha FZ V3.0 FI
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    8.1/10
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    ₹ 1.56 - 1.61 L
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    ₹ 3.15 L
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    Rating Icon
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Quick Links
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  • Yamaha MT-03 Price in Mumbai

  • Yamaha MT-03 Price in Mumbai

    The on-road price for Yamaha MT-03 in Mumbai is 3.5 Lakh. The on-road price of petrol variants of MT-03 starts from ₹ 3.5 Lakh. The top competitors of Yamaha MT-03 i.e. Kawasaki Ninja 300 price in Mumbai starts from ₹ 3.16 Lakh & KTM 390 Duke price in Mumbai starts from ₹ 3.15 Lakh.
    VariantsOn-Road Price
    Yamaha MT-03 STD₹ 3.5 Lakh*
Yamaha MT-03
Overall User Rating
3.7
based on
67 Ratings
Midnight Cyan
Body Type
Sports
Fuel Type
Petrol
Starting Mechanism
Self Start
Mileage
0 KM/L
* Ex-Showroom Price
₹ 3.23 Lakh
* The Prices are inclusive of the new GST rules.
EMI Starting Price
₹ 9,563Customise EMI
  • MT-03
  • Specs
  • Features
  • Colors
  • Images
  • News
  • Reviews
  • Faqs
Dolphin Bikes Pvt Ltd
Shop No 1 4, Akram Compound, Haji Market, Asalpha Village, Near Asalpha Metro Station, Andheri Opp Baba Restaurant Ghatkopar Link Road, Sakinaka, Mumbai,Maharashtra-400084
Excellent Motors
1 Shanti Sadan , 45 Telli Park Road, Andheri (east) Mombai, Mumbai,Maharashtra-400059
Kamla Yamaha
Sharla Terrace, Umershi Bappa Chowk, V N Purav Road, Chembur, Mumbai,Maharashtra-400017
Ganesh Enterprises
Opp Hindustan Construction Co, L B S Marg, Vikhroli ( W ), Mumbai,Maharashtra-400083
Excellent Yamaha
Mahakali Road, Andheri East, Mumbai,Maharashtra-400069
Thomsun Automative
106, Shitladevi Chs, Opp Indian Oil Colony, D N Nagar, Andheri West, Mumbai,Maharashtra-400053
Zika Yamaha
Unit 1055/109 Gokul Co Operative Society , Adarsh Nagar, Oppsite Honda City, Jogeshwari (w), Mumbai,Maharashtra-400102
Soniya Two Wheelers
C-1c-a, Ground Floor, Kantilal Maganlal Estate, L B S Marg, Mumbai,Maharashtra-400078
Kamla Yamaha
Nikita Chambers, Next To Maruti Temple, New Sun Mill Compound, Lower Parel, Mumbai,Maharashtra-400013
Kamla Landmarc Motors
Shilpa Tower Ground Floor, N M Joshi Mark, Lower Parel, Mumbai,Maharashtra-400013
Matrix Automotive
Gala No 1 4 Business Class Building Junction S V Road Chincholi Bander Road Malad West, Mumbai,Maharashtra-400064
Speed Auto Yamaha
Shop No 6-7, Dwarkesh Chsl, Saibaba Nagar, Opp Bhauballi Tower, Mumbai City, Maharashtra,Maharashtra-400067
Kamla Landmarc Motorbike
Shop No 20/21, Satara Park Shimpoli Road, Borivali West, Mumbai,Maharashtra
Paras Yamaha
Oshwal Ashadeep Apartments, Shop No 18 19, Opp Vijay Sales, Mira Bhayander Road, Near Silver Park, Mira Road (e), Mumbai,Maharashtra-401107
Opp. Hindustan Construction Co, L.B.S. Marg, Vikhroli ( W ), Mumbai, Maharashtra, 400083
Avian Yamaha
Dagli Oil Mills Compound, Babulla Tank, Cross Lane, -9, Mumbai, Maharashtra, 400069
Thomsun Automative
106, Shitladevi CHS, Opp. Indian Oil Colony, D N Nagar, Andheri West, , Mumbai, Maharashtra, 400053
Vrb Automobiles
D-1, Dhwarkesh Park, Shop No.6 & 7, Sai Baba Nagar, Near Hdfc Bank, borivali, Mumbai, Maharashtra, 400092
Dolphin Bikes Pvt Ltd
Shop No. 1- 4, Akram Compound, Haji Market, Asalpha Village, Near Asalpha Metro Station, Andheri- Opp Baba Restaurant Ghatkopar Link Road, Sakinaka, -, Mumbai, Maharashtra, 400084
Excellent Motors
1 Shanti Sadan45 Telli Park Road, Andheri (East), Mumbai, Maharashtra, 400069
Excellent Yamaha
Mahakali Road, Andheri East, , Mh-, Mumbai, Maharashtra, 400069
Matrix Automotive
Gala No.1-4 Business Class Building Junction S V Road Chincholi Bander Road Malad West -, Mumbai, Maharashtra, 400064
Vidarbha Motors Pvt Ltd
Shobha Towers, Patel Square, Ghat Road, Nagpur-, Mumbai, Maharashtra, 400018