Yamaha MT-03 Price in Mumbai

Yamaha MT-03 price in Mumbai is ₹ 3.81 Lakh. MT-03 is available in the 2 colour options. Moreover, there are 31 Yamaha showrooms in Mumbai where you can check out the MT-03 in person. Additionally, EMI options start from just ₹ 7,288, making it more accessible. The top competitors of MT-03 are Hness CB350, CB350, CB350RS, priced in Mumbai at ₹ 2.23 Lakh, ₹ 2.28 Lakh, ₹ 2.28 Lakh, respectively.
Variants (1) Price Before Discontinued
MT-03 Standard (Discontinued)₹ 3.81 Lakh
Yamaha MT-03
Yamaha MT-03Ex-Showroom Price₹ 3.30 Lakh
EMI ₹ 7,288/mEMI Calculator

Variant

Mt 03

Location

Mumbai

Yamaha MT-03 On Road Price in Mumbai

Ex-Showroom Price

RTO

Insurance

On Road Price

₹ 3,29,608

₹ 36,257

₹ 15,225

₹ 3,81,090

EMI ₹ 7,288/m

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Yamaha MT-03 On Road Price List in Mumbai

Variants (1) Price Before Discontinued
MT-03 Standard
35Kmpl321CC
₹ 3.81 Lakh*
Discontinued
Discontinued
Royal Enfield

Price of Similar Bikes in Mumbai

Yamaha MT-03 User Review

5.0

Overall

RatingRatingRatingRatingRating

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
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
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
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View All Yamaha MT-03 ReviewsView All Yamaha MT-03 Reviewsicon

Yamaha MT-03 EMI Calculator

₹7,287EMI For 5 years
Loan amount : ₹3,42,981

Down Payment

₹ 0

₹ 2.86 Lakh

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmtInterestBalance
6₹3,42,981₹10,071₹3,53,052
12₹3,42,981₹18,855₹3,61,836
24₹3,42,981₹36,843₹3,79,824
36₹3,42,981₹55,431₹3,98,412
48₹3,42,981₹74,523₹4,17,504
60₹3,42,981₹94,239₹4,37,220
Calculate EMICalculate EMIicon

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MT-03 Price in India

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Yamaha Showrooms in Mumbai

Automax Automotive Goregaon

Shop No. A-3, Tulsi Deep Co-Op-HSC, SV Road, Near Police Station, Kumud Nagar - 400062

Automax Automotive Goregaon, Goregaon (W)

Shop No. A-3, Tulsi Deep Co-Op-HSC, SV Road, Near Police Station, Kumud Nagar, Mumbai - 400062

Automax Automotive Malad

Gala No 19/A/36 & 19,22,31,3, Sakseria Industrial Estate, Chincholi Bunder, SV Road - 400064

Automax Automotive Malad, Malad(W)

Gala No 19/A/36 & 19,22,31,3, Sakseria Industrial Estate, Chincholi Bunder, SV Road, Mumbai - 400064

Dolphin Yamaha

Shop No.1,2,3,4, Akram Compund, Opp. Baba Restaurant, Andheri Ghatkopar Link Road - 400084
View All Yamaha Showrooms in MumbaiView All Yamaha Showrooms in Mumbaiicon

Yamaha MT-03 On Road Price in Cities Near Mumbai

CityOn Road Price
Navi Mumbai₹ 3.81 Lakh
Targhar₹ 3.81 Lakh
Thane₹ 3.81 Lakh
Raigad₹ 3.81 Lakh
Palghar₹ 3.81 Lakh
Pune₹ 3.81 Lakh

Yamaha MT-03 Mileage

The average Mileage of the MT-03 is 35 kmpl, as per ARAI.

mileage icon
MT-03 Mileage Details

FAQ's About MT-03 Price in Mumbai

Q. What is the ex-showroom price of the Yamaha MT-03 in Mumbai?

A. The ex-showroom price of the Yamaha MT-03 in Mumbai is ₹3,29,608.

Q. What is the on-road price of the Yamaha MT-03 in Mumbai for 2026?

A. The on-road price of the Yamaha MT-03 in Mumbai for 2026 is ₹3,81,090.

Q. What are the RTO charges for the Yamaha MT-03 in the Mumbai?

A. The RTO charges for the Yamaha MT-03 in the Mumbai will be ₹36,257.

Q. How much is the insurance charge for the Yamaha MT-03 in the Mumbai?

A. The insurance charges for the Yamaha MT-03 in Mumbai will be ₹15,225.

Q. What is the down payment for the Yamaha MT-03 in the Mumbai?

A. The down payment for the Yamaha MT-03 in the Mumbai will be ₹ 32,961.

Q. Where can I find the authorised Yamaha MT-03 showroom?

A. You can find all Yamaha showrooms in Mumbai on BikeJunction.

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