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Yamaha MT-03 Price in Mhow
The Yamaha MT-03 on-road price in Mhow starts at ₹ 4 Lakh for MT-03 Standard variant.
The top variant, MT-03 Standard goes up to ₹ 4 Lakh.
The MT-03 price on road depends on insurance plan, registration charges, and dealer add-ons.
Yamaha MT-03 is available in 1 variants and comes in 2 colour options.
EMI for the MT-03 in Mhow typically begins from about ₹ 7,187 per month based on tenure and down payment.
In this price range, buyers in Mhow can also consider alternatives like Hunter 350 (₹ 2 Lakh), 42 Bobber (₹ 2 Lakh), Hness CB350 (₹ 2 Lakh).
Yamaha currently has no authorised dealership in this city, so buyers can contact nearby showrooms or book the Bike online.
Variants
MT 03
Location
Mhow
Yamaha MT-03 On Road Price in Mhow
Ex-Showroom Price
₹ 3,29,608
RTO
₹ 26,369
Insurance
₹ 15,225
Total On-Road Price
₹ 3,71,202
EMI ₹ 7,187/m
Yamaha MT-03 On Road Price List in Mhow
| Variants Available(1) | On Road Price | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MT-03 Standard 35KMPL321CC | ₹ 3.71 Lakh* | ||||||||||
Price Breakdown (Mhow)
*Prices may vary by colour, location and dealer | |||||||||||
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Yamaha MT-03 User Review
Based on 5 Reviews
5 Rating
Perfect City Companion
I am riding the Yamaha MT 03 for the past 6-7 months, and it has been an exciting experience. Bike’s handling in the city traffic is effortless and feels lightweight on turns. The engine power is smooth and has a good response, which makes daily rides enjoyable and memorable. Moreover, the aggressive looks and performance really stand out for this bike. It is a perfect bike for someone who wants thrill and comfort together.
30 Jul 2025|Aayush Trivedi
Helpful 
Unhelpful 5 Rating
Design
Yamaha MT-03 ek stylish aur capable naked bike hai. Iski design aur build quality mujhe kaafi acchi lagti hai. Engine ki power delivery smooth hai aur handling precise hai. City rides par bhi iska manoeuvrability bahut achha hai.
31 May 2024|Saurjesh
Helpful Unhelpful 5 Rating
Performance
Yamaha MT-03 ne mujhe ek thrilling riding experience diya hai. Iski aggressive design aur powerful engine mujhe impress kiya. Suspension setup comfortable hai aur long rides par bhi comfort provide karta hai.
31 May 2024|Akash
Helpful Unhelpful 5 Rating
Design
Yamaha MT-03 ek versatile aur fun-to-ride bike hai. Iski compact size aur lightweight frame ne mujhe attract kiya. Engine ki power aur smoothness ride ko enjoyable banata hai. Handling precise hai aur corners par bhi confidence provide karta hai.
31 May 2024|Ankit
Helpful Unhelpful 5 Rating
Excellent Performance
Yamaha MT-03 ek powerful aur stylish naked bike hai. Iska design aggressive hai aur engine ki performance kaafi impressive hai. Handling sharp hai aur city traffic mein bhi easy manoeuvrability provide karta hai.
31 May 2024|Lalit
Helpful Unhelpful 
Yamaha MT-03 EMI Calculator
₹7,187EMI for 5 years
Loan Amount : ₹3,38,241
Down Payment
₹ 0
₹ 2.78 Lakh
| months | Principal Amount | Interest | Balance |
|---|---|---|---|
| 6 | ₹3,38,241 | ₹9,939 | ₹3,48,180 |
| 12 | ₹3,38,241 | ₹18,603 | ₹3,56,844 |
| 24 | ₹3,38,241 | ₹36,375 | ₹3,74,616 |
| 36 | ₹3,38,241 | ₹54,699 | ₹3,92,940 |
| 48 | ₹3,38,241 | ₹73,551 | ₹4,11,792 |
| 60 | ₹3,38,241 | ₹92,979 | ₹4,31,220 |
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Yamaha MT-03 On Road Price in Cities Near Mhow
FAQ's About Yamaha MT-03 Price in Mhow
Q. What is the ex-showroom price of the Yamaha MT-03 in Mhow?
A. The ex-showroom price of the Yamaha MT-03 in Mhow is ₹3,29,608.
Q. What is the on-road price of the Yamaha MT-03 in Mhow for 2026?
A. The on-road price of the Yamaha MT-03 in Mhow for 2026 is ₹3,71,202.
Q. What are the RTO charges for the Yamaha MT-03 in the Mhow?
A. The RTO charges for the Yamaha MT-03 in the Mhow will be ₹26,369.
Q. How much is the insurance charge for the Yamaha MT-03 in the Mhow?
A. The insurance charges for the Yamaha MT-03 in Mhow will be ₹15,225.
Q. What are the alternatives for Yamaha MT-03?
A. The MT-03 rivals with Hunter 350, 42 Bobber, Hness CB350.
Q. What is the down payment for the Yamaha MT-03 in the Mhow?
A. The down payment for the Yamaha MT-03 in the Mhow will be ₹ 32,961.
Q. Where can I find the authorised Yamaha MT-03 showroom?
A. You can find all Yamaha showrooms in Mhow on BikeJunction.
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MT-03 Price in India
Yamaha Showrooms in India
A M S Motors-Kathirkamam
302, Vazhudavur Road, Kathirkamam, Pondicherry, 605009
A R Automobiles - Saidaria
Saidaria Under Ruahi Sub Post Office, Ground, 0, C/o Afjarul Rahman, Ng Md 4, Saidoria Rupahi, Niz Saidaria, Nagaon, Assam, 782125
A S Automobile- Shoulmari
Shoulmari,Nazirhat,Near Nazirhat Police Station,Nazirhat, Cooch Behar, West Bengal, 736134
A S Motors - Umamaheshwara
Koppam Valanchery Road, Nr. Manavalankavu Umamaheshwara Temple, Thiruvegapura, Pattambi, Kerala, 679303
A&m Motors - Nedumkandam
Near New Busstand, Nedumkandam, Idukki, Kerala, 685553
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