Costs & Pricing
Financial Information
Ex-Showroom Price
₹313,000
Base for insurance & loan
1st Party Insurance (1 Year)
₹11,151
Own-damage cover
3rd Party Insurance (5 Years)
₹7,365
IRDAI 5-yr lump-sum · 321cc slab
Registration + Road Tax
₹34,930
Avg. Kolkata estimate
Other Charges
₹6,391
Handling + PA cover + GST
Average On-Road Price
₹372,837
Total amount at dealer
How it compares
Where the MT-03 stands among naked bikes
Lower seat height than 99% of naked bikes
Seat height: 780 mm
Higher top speed than 66% of naked bikes
Top speed: 180 km/h
Ranked against 105 other naked bikes in our database, using manufacturer-claimed specifications.
Our verdict
MT-03 Expert Review ★ 3.5/5
The Yamaha MT-03 is a refined, beginner-friendly twin-cylinder naked, bringing smooth performance, light handling and Yamaha quality to the entry middleweight class. A polished choice for new and intermediate riders; it's pricier than single-cylinder rivals.
3.5/5
★★★★☆ Overall
Design & Build
Aggressive MT-series naked styling with a premium finish — looks sharp and purposeful.
Performance
The 321cc parallel twin makes a smooth 35.01 PS and 29.5 Nm, delivering refined, flexible, beginner-friendly performance and a 180 km/h-capable top end.
Comfort & Ergonomics
A neutral, upright posture, accessible 780mm seat and 168kg weight make it easy, confident and friendly for daily and weekend use.
Service & Reliability
Yamaha's network and reliability reassure, with 3 free services; the 2-year warranty is average. Running costs are moderate.
Value for Money
At about ₹3.13 lakh ex-showroom it's priced at a premium for the class, justified by the twin-cylinder smoothness and Yamaha quality.
Features & Technology
A colour TFT with Bluetooth, full LED and USB, plus dual-channel ABS — a well-equipped package.
Hands-on editorial assessment by BikeCostCalc Team, published May 2026.
Complete Specifications
Bike Specifications
| Engine Displacement | 321.00 cc |
| Engine Type | Parallel Twin 4-Stroke DOHC 4-Valve Liquid Cooled 💰 affects fuel cost |
| Max Power | 26.100 kW (35.010 PS) @ 12,000 rpm |
| Max Torque | 29.50 Nm @ 9,000 rpm |
| Cooling System | Liquid Cooled |
| Fuel System | Fuel Injection |
| Emission Standard | BS6 Phase 2B |
| Mileage — ARAI Certified | 32.00 kmpl |
| Mileage — Real World | 28.00 kmpl 💰 key for fuel cost |
| 💰 Running Cost | ₹3.8/km in Kolkata · updates with city |
| Fuel Tank Capacity | 14.00 Litres 💰 range before refuel |
| Reserve Fuel | ~2.00 Litres |
| Top Speed | ~180 kmph |
| Transmission | 6-Speed Manual |
| Clutch | Assist & Slipper |
| Front Brake | 298mm Disc |
| Rear Brake | 220mm Disc |
| ABS | Yes |
| CBS | No |
| Wheel Type | Alloy Wheel |
| Front Tyre Size | 110/70-17 |
| Rear Tyre Size | 150/60-17 |
| Tyre Type | Tubeless |
| Front Suspension | Telescopic Fork 41mm KYB |
| Rear Suspension | Rear Monoshock |
| Frame Type | Steel Trellis Frame |
| Kerb Weight | 168.0 kg |
| Overall Length | 2,090 mm |
| Overall Width | 730 mm |
| Overall Height | 1,135 mm |
| Wheelbase | 1,380 mm |
| Seat Height | 780 mm |
| Ground Clearance | 150 mm |
| Fuel Tank | 14.00 Litres |
| Instrument Console | TFT Colour Bluetooth |
| Gear Position Indicator | Yes |
| Real Time Mileage | Yes |
| Service Reminder | Yes |
| Low Fuel Warning | Yes |
| Dual Trip Meter | Yes |
| Clock | Yes |
| Bluetooth | Yes |
| App Connectivity | Yes |
| USB Charging Port | Yes |
| Start Type | Self Start |
| Kill Switch | Yes |
| Pass Light | Yes |
| Hazard Lights | Yes |
| Side Stand Engine Cut-off | Yes |
| LED Headlight | Yes |
| LED Tail Light | Yes |
| DRL | Yes |
| Engine Guard | Not Available |
Ownership Cost Critical
Warranty & Service Schedule
| Vehicle Warranty | 2 Years / 30,000 KM (Standard) |
| Extended Warranty | Available — up to 5 years |
| Roadside Assistance | Yes — Yamaha RSA 24/7 |
| Authorised Service Centres | 2000+ across India |
| Yearly Avg. Repair Cost | ₹4,000/year (₹333/month) 💰 low repair cost |
| Free Services | 3 Free Services (within 10,000 km / 12 months) |
✅ Free Services (3 services — Yamaha MT-03)
What "Free Service" means: Labour charges are waived. You only pay for parts/consumables actually replaced (engine oil, filters, spark plugs etc.). Always confirm with your dealer before the service.
| # | At KM / Days | Work Done | Labour | Parts / Consumables | Est. Total |
|---|---|---|---|---|---|
| 1 | 1,000 km 90 days |
Engine oil, chain, brake, tyre, cleaning |
Free | — | — |
| 2 | 6,000 km 365 days |
Engine oil & filter, air filter, spark plug, brake fluid, chain |
Free | — | — |
| 3 | 12,000 km 365 days |
Engine oil & filter, air filter, spark plug, valve check, brake fluid |
Free | — | — |
💳 Paid Services (After Free Service Period)
| # | At KM / Days | Work Done | Labour | Parts | Est. Total |
|---|---|---|---|---|---|
| 1 | 18,000 km 365 days |
Engine oil & filter, air filter, brake, chain |
₹400–₹650 | ₹200–₹400 | ₹600–₹1,050 |
| 2 | 24,000 km 365 days |
Engine oil & filter, air filter replace, spark plug, brake fluid |
₹700–₹1,100 | ₹400–₹700 | ₹1,100–₹1,800 |
| 3 | 30,000 km 365 days |
Engine oil & filter, air filter, brake check, chain |
₹400–₹650 | ₹200–₹400 | ₹600–₹1,050 |
| 4 | 36,000 km 365 days |
Engine oil & filter, spark plug, valve check, brake fluid |
₹900–₹1,400 | ₹500–₹900 | ₹1,400–₹2,300 |
Hidden Costs Revealed
Parts Life & Replacement Cost
Engine Oil
OEM BrandYamalube
Spec10W40 MA2 2L
Replacement Cost₹450–₹700
Expected Life~5,000 km
Change IntervalEvery 5,000 km
Qty per Change2.00 units
Monthly cost (30km/day): ₹90
Coolant
OEM BrandYamaha
SpecOEM Coolant 1L
Replacement Cost₹250–₹450
Qty per Change1.00 units
Monthly cost (30km/day): ₹20
Air Filter
OEM BrandYamaha
SpecOEM Air Filter
Replacement Cost₹300–₹600
Expected Life~10,000 km
Change IntervalEvery 10,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹40
Spark Plug
OEM BrandNGK
SpecCR9EIA-9 Iridium x2
Replacement Cost₹700–₹1,200
Expected Life~20,000 km
Change IntervalEvery 20,000 km
Qty per Change2.00 units
Monthly cost (30km/day): ₹30
Chain Kit
OEM BrandDID
Spec525 O-Ring
Replacement Cost₹1,800–₹3,200
Expected Life~20,000 km
Change IntervalEvery 20,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹95
Brake Pads Front
OEM BrandYamaha
SpecOEM Disc Pads
Replacement Cost₹500–₹950
Expected Life~12,000 km
Change IntervalEvery 12,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹60
Brake Pads Rear
OEM BrandYamaha
SpecOEM Disc Pads
Replacement Cost₹400–₹750
Expected Life~15,000 km
Change IntervalEvery 15,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹40
Front Tyre
OEM BrandYamaha/MRF
Spec110/70-17
Replacement Cost₹1,200–₹2,200
Expected Life~12,000 km
Change IntervalEvery 12,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹120
Rear Tyre
OEM BrandYamaha/MRF
Spec150/60-17
Replacement Cost₹1,500–₹2,800
Expected Life~10,000 km
Change IntervalEvery 10,000 km
Qty per Change1.00 units
Monthly cost (30km/day): ₹160
Battery
OEM BrandYamaha
Spec12V 7Ah
Replacement Cost₹600–₹1,000
Qty per Change1.00 units
Monthly cost (30km/day): ₹25
Total monthly parts cost (at 30km/day):
₹680/month
What the specs mean
What the MT-03’s specs mean for you
Tap a question to see how this bike’s standout specs affect everyday riding, safety and running cost.
🛑 Does the MT-03 have ABS, and why does it matter? ▾
Yes — the MT-03 comes with anti-lock braking. ABS stops the wheels from locking up under hard or panic braking, so you keep steering control on the MT-03 instead of skidding, especially on wet or loose roads.
🔘 How good are the MT-03’s brakes? ▾
The MT-03 runs a front disc brake, which delivers stronger and more consistent stopping power than a drum and resists fade on long downhill stretches — so braking stays sharp even after repeated hard stops.
🛞 Does the MT-03 get tubeless tyres? ▾
Yes — the MT-03 rides on tubeless tyres. They leak air slowly after a puncture instead of going flat instantly, so you can usually ride on to a repair shop rather than being stranded on the roadside.
💡 Does the MT-03 have an LED headlight? ▾
Yes — the MT-03 gets an LED headlight. It casts a brighter, whiter beam while drawing less power than a halogen unit, so you see further and more clearly on unlit roads at night.
🦵 Is the MT-03 easy to manage at stops? ▾
The MT-03 has a low 780 mm seat height, so most riders can plant both feet flat at traffic signals. That makes it reassuring in stop-go traffic and friendly for shorter riders.
🛋️ How is ride comfort on the MT-03? ▾
The MT-03 uses a monoshock rear suspension, which absorbs bumps more progressively than twin shocks. That smooths out rough roads and keeps the rear wheel planted over undulations.
⛟ What kind of range does the MT-03 have? ▾
The MT-03's 14-litre fuel tank means fewer fuel stops and a longer distance between fills — handy on highway runs and weekend tours where pumps can be far apart.
💪 How does the MT-03 pull in traffic and on highways? ▾
The MT-03 makes 29.5 Nm of torque, giving strong low- and mid-range pull. That translates to quick, confident overtakes and relaxed riding even two-up or fully loaded.
Expert Assessment
Pros & Cons
✅ Pros
Yamaha reliability and build quality
Y-Connect Bluetooth app — advanced connectivity
Fuel injection standard across range
❌ Cons
Service cost higher than Indian brands
Limited dealer network vs Hero/Honda
Spare parts availability patchy in Tier 3 cities
💳 EMI Calculator
On-road price: ₹372,837 — adjust down payment and tenure
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Common Questions
FAQ — Yamaha MT-03
Is the Yamaha MT-03 service really free? ▾
The labour charge is free for the first 3 services. However, you must pay for consumables like engine oil, oil filter, and air filter that are replaced during the service.
What is the typical EMI for the MT-03? ▾
With 20% down (₹74,567) on the ₹372,837 on-road price, the loan amount is ₹298,270. At 9.5% interest for 48 months, the EMI is approximately ₹7,493/month. Use the calculator above for custom amounts.
Is Yamaha MT-03 good for daily commute? ▾
The MT-03 is a naked bike with 28.00 kmpl real-world mileage. Yamaha's service network and reliability make it suitable for daily use.
How much does it cost to own MT-03 per month? ▾
Monthly ownership cost depends on your riding distance, loan terms, and city. It includes EMI, fuel, insurance, and service costs. Use our Affordability Calculator above to get your exact personalised number.
Owners Say
User Reviews — Yamaha MT-03
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City-wise
📍 Yamaha MT-03 Price in Top Cities
Road tax + RTO fees vary by state. Get the exact on-road breakdown for your city.
Ahmedabad
₹356k
Pune
₹376k
Hyderabad
₹376k
Chennai
₹370k
Kolkata
₹373k
Bengaluru
₹395k
Delhi
₹359k
Mumbai
₹377k
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