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Yamaha Mt 03

4.526 Reviews Write Review

The Yamaha MT-03 is the naked sibling of the Yamaha R3 and comes with an aggressive streetfighter design. The MT-03 shares the same 321cc, parallel-twin engine, chassis and features as the R3 except for the fairing, which makes it slightly cheaper.

Rs.4.60 Lakh*
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Key Specs & Features of Yamaha Mt 03

Engine321 cc
Power42 PS
Torque29.5 Nm
Mileage26.31 kmpl
Kerb Weight167 Kg
BrakesDouble Disc
  • ABS Dual Channel
  • LED Tail Light
  • Speedometer Digital
  • Odometer Digital
  • Tripmeter Digital
  • Fuel gauge
  • Tachometer Digital
  • Key Specs
  • Top Features

Yamaha Mt 03 Summary

Yamaha MT-03 is the Japanese brand’s flagship streetfighter in India, built on the same chassis and engine as the Yamaha R3 but as a naked bike. We recently had a chance to ride the bike and here’s what we think about it.   

Yamaha has launched a new colour scheme for the MT 03 in Japan, take a look at it here. For a brief overview of the same, check out our story in images here. Yamaha has launched the 2025 version of the MT-03 internationally and here’s when we think it will arrive in India. 

What is the design of the Yamaha MT-03? 

The MT-03 gets an aggressive streetfighter design with a single projector headlight that dominates the front section. The headlight design is similar to the one in the Yamaha MT-15. The exposed engine and the tank extensions make it look quite muscular and the rear section is the same as the Yamaha R3. 

How much does the Yamaha MT-03 cost?

The MT-03 comes at Rs 4,59,900 (ex-showroom Delhi) and is offered in 2 colours: Midnight Cyan and Midnight Black. The bike is fully imported from Thailand, which is why the price tag is so high.

What features does the Yamaha MT-03 get? 

Coming to features, the instrument console on the MT-03 is an LCD unit that displays speed, revs, time and tripmeters. There’s no smartphone connectivity, something you get even on smaller capacity bikes, and does not get any electronic aids apart from dual-channel ABS. The lighting system is all-LED with the headlight being an LED projector.

How much power does the Yamaha MT-03 make?

Powering the MT-03 is a 321cc liquid-cooled twin-cylinder engine mated to a 6-speed gearbox and produces 42PS at 10,750rpm and 29.6Nm at 9000rpm. It doesn’t get a slip-and-assist clutch, which the MT-15 gets.

What are the underpinnings of the Yamaha MT-03?

The MT-03 is built on a diamond frame, the same used in the R3 and is suspended on a 37mm inverted fork with 130mm wheel travel and a monoshock with 125mm wheel travel. Braking duties are handled by 298mm disc at the front and 220mm disc at the rear with dual channel ABS as standard. The bike comes with a 14-litre fuel tank and a kerb weight(wet) of 167kg. Ground clearance stands at 160mm and seat height is 780mm.

Whom does the Yamaha MT-03 compete against?

In terms of rivals, the MT-03 goes up against bikes in the 300-400cc segment like the KTM Duke 390, TVS Apache RTR 310 and QJ Motor SRK 400.

What changes does the 2025 Yamaha MT-03 get?

The 2025 Yamaha R3 gets a new front end which features a single LED headlight which is located centrally and is surrounded by even more aggressive LED DRLs on either side. The 2025 model also gets a new LCD instrument cluster which gets smartphone connectivity via Yamaha’s MyRide app. The bike remains mechanically unchanged and is expected to launch in India in mid 2025.

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Yamaha Mt 03 Price

The price of Yamaha Mt 03 in India starts at Rs. 4,59,900 . Yamaha Mt 03 comes with 1 variants.

MT-03 STD
170 kmph26.31 kmpl321 cc
Rs.4,59,900
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Mileage26.31 kmplMileage28.9 kmplMileage30.3 kmplMileage30 kmplMileage30 kmplMileage25.89 kmplMileage25 kmplMileage26.31 kmplMileage20.6 kmpl
Engine321 ccEngine398.63 ccEngine312.12 ccEngine296 ccEngine457 ccEngine373 ccEngine321 ccEngine451 ccEngine400 cc
Power42 PS @ 10750 rpmPower46 PS @ 8500 rpmPower34 PS @ 9700 rpmPower39 PS @ 11000 rpmPower47.58 PS @ 9400 rpmPower43.5 PSPower42 PS @ 10750 rpmPower45.4 PS @ 9000 rpmPower41.46 PS @ 9000rpm
Top Speed170 kmphTop Speed167 kmphTop Speed160 kmphTop Speed182 kmphTop Speed190 kmphTop Speed169 kmphTop Speed170 kmphTop Speed190 kmphTop Speed145 kmph
Torque29.5 Nm @ 9000 rpmTorque39 Nm @ 6500 rpmTorque27.3 Nm @ 7700 rpmTorque26.1 Nm @ 10000 rpmTorque43.5 Nm @ 6700 rpmTorque37 NmTorque29.5 Nm @ 9000 rpmTorque42.6 Nm @ 6000 rpmTorque37 Nm @ 7500rpm
Weight167 KgWeight168.3 kgWeight174 kgWeight179 kgWeight175 kgWeight172 kgWeight169 kgWeight171 kgWeight186 mm
Currently ViewingMT-03 vs Duke 390MT-03 vs G 310 RRMT-03 vs Ninja 300MT-03 vs RS 457MT-03 vs RC 390MT-03 vs R3MT-03 vs Ninja 500MT-03 vs SRK 400

Yamaha Mt 03 Pros and Cons

Things We Like

  • Engine performance is flexible enough to allow for slow city commutes and fast highway rides
  • Great handling - feels light, changes direction quickly and feels stable when leaned too
  • Design - the LED headlight looks aggressive and the MT-03 has that overall feel of a sporty and compact streetfighter

Things We Don't Like

  • Cramped seat - no space for taller or larger riders to move around
  • Firm suspension - suspension kicks back when ridden over really bad roads and even the slightly bad roads aren’t absorbed all that well
  • Lack of features - ABS and a basic fully-digital console is all that it has. Misses out on a slip-and-assist clutch, quickshifter, traction control and even Bluetooth connectivity - things that its competition have
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Yamaha MT-03 Expert Review

BikeDekho Experts
The performance from the Yamaha MT-03’s 321cc parallel-twin engine is flexible enough for commutes and weekend rides. The overall handling package is good too. However, its Rs 4,59,900 (ex-showroom Delhi) price tag makes absolutely no sense for what it offers, and we can’t really recommend it to anyone.

Overview

Yamaha fans rejoiced with the news of Yamaha MT-03 and Yamaha R3 entering the Indian market. It was for the first time that the MT-03 was coming to our shores. However, when launched, its Rs 4,59,900 (ex-showroom India) price tag was a bit shocking for everyone. But don’t worry, we are here to tell you if the Yamaha MT-03 justifies its price.

Yamaha MT-03 Expert Review

Design

The Yamaha MT-03 is undoubtedly a good-looking streetfighter with a sharp design. It has an aggressive headlight that gives it a menacing look. The long tank extensions give a bit of the ‘big bike’ feel, but once you're on the bike, it feels very compact. Surprisingly, the MT-03 doesn’t attract a lot of attention and can just blend in the traffic, especially with the Midnight Black colour scheme and also because it doesn’t feature any flashy graphics or design elements.

Moreover, the switchgear on the MT-03 doesn't feel very premium and could have been better for a bike of this segment. The buttons on the switchgear are quite small and hard to operate with gloves on. To add to this, Yamaha’s odd button placement on the MT-series, as the manufacturer has swapped the position of the horn and indicator switches, will confuse you while riding. The MT-03 is available in two colour options: Midnight Cyan and Midnight Blue.

Yamaha MT-03 Expert Review

Engine, Mileage & Performance

The Yamaha MT-03 shares the 321cc liquid-cooled parallel-twin cylinder engine with the Yamaha R3. It produces 42PS at 10,750rpm and 29.6Nm at 9000rpm, paired with a six-speed gearbox. It doesn’t have a lot of features. In fact, it doesn’t even have a slip-and-assist clutch, which even the smaller Yamaha MT-15 V2 gets.

Yamaha MT-03 Expert Review

The refined 321cc parallel-twin engine is the highlight of the MT-03. Despite being a high-revving engine, the bike is very tractable, making it very easy to ride in the city even at low speeds. The MT-03 handles 20kmph in fifth gear without any issues, just as smoothly as it handles 120kmph in sixth gear. Despite being rev-happy, the engine still has enough low-end grunt for quick overtakes, without requiring downshifts. However, the engine truly shines in the higher revs. Especially the way it revs up after 6000rpm, all the way to its 13,000rpm redline, is very engaging. Its power delivery is pretty smooth and linear all the way to the top, making it easy to ride for newer riders.

Its exhaust note is also very impressive. When you rev the engine, it has a high-pitched sound, but as soon as you roll off the throttle, it makes a deep roar with even some pops to be heard, which is very unusual for a stock exhaust on a 300cc bike, especially after the BS6 regulations.

Yamaha MT-03 Expert Review

Handling & Ride Quality

The MT-03 handles brilliantly as it shares the R3’s chassis. It leans into corners effortlessly and holds its line very well. The power delivery is so smooth and linear that opening the throttle won't scare you, regardless of your skill level. Riding the MT-03 around the twisties feels easy and enjoyable. 

However, the ride quality is where the MT-03 falls short again. The same suspension setup that makes the bike feel stable and confident around the corners, feels a bit too firm for Indian roads. It becomes quite uncomfortable when riding over the rough and uneven roads that we encounter everyday. This firm suspension setup can make daily commutes less pleasant, as it isn't able to absorb bumps and potholes efficiently.

Yamaha MT-03 Expert Review

Comfort

Though the Yamaha MT-03 offers an upright riding position with a slight forward lean, its compact size makes the bike feel cramped for taller riders. It gets a well-padded seat, but neither the rider nor the pillion seat is spacious enough. The footpegs are high and slightly rear-set, and the handlebar is very narrow. Both taller and shorter riders will find the bike a bit cramped.

Yamaha MT-03 Expert Review

Features

The Yamaha MT-03 doesn’t come with many fancy features. It only gets an all-LED lighting setup, a fully digital LCD console and dual-channel ABS. The LCD console is basic and clearly readable. It displays a speedometer, odometer, tachometer, fuel gauge, gear position indicator, service reminders, and the engine temperature along with the basic tell-tale lights.

This simplistic approach would be appreciated by many who love the old-school riding feel. However, on the other hand, the MT-03 with its less features and absence of rider aids, struggles even more to justify its high price tag. It is at least expected to have smartphone connectivity, turn-by-turn navigation, slip-and-assist clutch, quickshifter, which even a relatively cheaper bike like the Aprilia RS 457 gets as standard.

Yamaha MT-03 Expert Review

Should you buy

The Yamaha MT-03 is a smooth and fast bike that handles really well, and is easy to ride. It's an ideal upgrade from the MT-15, offering the sophistication of a twin-cylinder bike and Yamaha’s reliability. However, its biggest drawback is the price: Rs 4,59,900 (ex-showroom India). Despite being a likeable bike, it's hard to justify spending nearly Rs 5.5 lakh (on-road) on what is essentially a 300cc bike with such less features and rider aids. 

However, if you're specifically upgrading from an MT-15, then the MT-03 can be a good option to consider as it offers a thrilling riding experience and does not scare newer riders either. But with better options like the Aprilia RS 457 (Rs 4,10,000) and the Kawasaki Ninja 500 (Rs 5,24,000) available in the market, it's difficult to recommend the MT-03 to everyone.

Yamaha MT-03 Expert Review

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Yamaha Mt 03 Colours

Yamaha Mt 03 is available in the following colours in India. View all bike images with different colour options on BikeDekho.

MT-03 Colours

Yamaha Mt 03 Images

Yamaha Mt 03 has 14 images, view picture gallery of MT-03 .

  • Yamaha Mt 03 Right Side View
  • Yamaha Mt 03 Front Right View
  • Yamaha Mt 03 Head Light
  • Yamaha Mt 03 Tail Light
  • Yamaha Mt 03 Speedometer
MT-03 Images
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Yamaha Mt 03 User Reviews

4.5/5
Based on26 User Reviews
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  • D
    divy on Jan 08, 2025
    3.5
    Yamaha Mt 03 is well
    Yamaha Mt 03 is well rounded motorcycle that comes with a perfect style,performance.It was a great choice for rider to fun and ride everyday.It is a combination of sharp aesthetic , engaging performance , and rider friendly features which make it standout option in naked bike segment.The Mt 03 offers a comfortable riding position,which ideal for daily riding.
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  • R
    rohit on Nov 21, 2024
    5.0
    Amazing and best experience. Design
    Amazing and best experience. Design is wonderful. Talking about the sound of this bike simple amazing for bike lover & i love it too
    Was this review helpful?
    1
  • A
    akash on Nov 13, 2024
    5.0
    Dream bike for All class
    What a experience.....overall I love the bike .. Features are awesome average also good and look oh my god mind blowing
    Was this review helpful?
    1
  • Y
    yogesh on Nov 07, 2024
    5.0
    I have given 5 star
    I have given 5 star because the price of this bike is very decent and the features are very much in this bike
    Was this review helpful?
  • A
    anushika on Oct 29, 2024
    5.0
    Kis bike is very very
    Kis bike is very very stylish bike and this this is a very good mileage and this is a one person is comfortable and stylish
    Was this review helpful?
  • View All Yamaha Mt 03 Reviews

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Q&A on Yamaha Mt 03

Deepak asked on 6 Aug 2023
Q) Any riding modes available?
By Bikedekho experts on 6 Aug 2023

A) It would be unfair to give a verdict here as the model is not launched yet. We ...Read More

Reply on this answerView all Answer
Pawan asked on 18 Jul 2023
Q) What's is the in one year maintenance services minimum cost?
By Bikedekho experts on 18 Jul 2023

A) For this, we'd suggest you please visit the nearest authorized service centre of...Read More

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Sunil asked on 21 May 2023
Q) What is the top speed of Yamaha MT-03?
By Bikedekho experts on 21 May 2023

A) As of now there is no official update from the brands end. So, we would request ...Read More

Reply on this answerView all Answers (2)
NishakarSinha asked on 25 Aug 2022
Q) What is the mileage of this bike?
By Bikedekho experts on 25 Aug 2022

A) It would be unfair to give a verdict as the Yamaha 2022 MT-03 has not been ...Read More

Reply on this answerView all Answer
Rajendra asked on 23 Apr 2020
Q) What is the total weight of Yamaha 2020 MT 03?
By Bikedekho experts on 23 Apr 2020

A) It would be too early to give any verdict as Yamaha 2020 MT 03 is not launched ...Read More

Reply on this answerView all Answer
MT-03 Questions

Yamaha Mt 03 FAQs

Q) What is the exact on-road price of Yamaha Mt 03?
A) The on-road price of Yamaha Mt 03 in Delhi starts at Rs. 5,19,395. The on-road price is inclusive of RTO charges and insurance.
Q) Which bikes is better Yamaha Mt 03 or KTM Duke 390?
A) Yamaha Mt 03 price starts at 4,59,900 (ex-showroom) with engine capacity 321 cc, fuel Tank Capacity of 14 L with kerb weight of 167 Kg. While KTM Duke 390 price starts 3.63 Lakh (ex-showroom) with engine capacity 398.63 cc, fuel Tank Capacity of 15 L with kerb weight of 168.3 kg. You can compare Yamaha Mt 03 vs KTM Duke 390 on the basis of their price, features & specs.
Q) What is the mileage of Yamaha Mt 03?
A) The Mileage Of Yamaha Mt 03 is 26.31 kmpl.
Q) What are different variants for Yamaha Mt 03?
A) Yamaha Mt 03 is a bikes that comes in 1 variants - Yamaha MT-03 STD
Q) What is the engine displacement of Yamaha Mt 03?
A) The engine displacement of Yamaha Mt 03 is 321 cc
Q) What is the Start type of Yamaha Mt 03?
A) Yamaha Mt 03 has Self Start Only.
Q) What is the Tyre Type of Yamaha Mt 03?
A) Yamaha Mt 03 has Tubeless tyres.
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MT-03 Price in India

CityOn-Road Price
MumbaiRs.5.32 Lakh
PuneRs.5.75 Lakh
HyderabadRs.5.32 Lakh
ChennaiRs.5.49 Lakh
AhmedabadRs.5.60 Lakh
LucknowRs.5.25 Lakh
PatnaRs.5.22 Lakh
ChandigarhRs.5.22 Lakh
KolkataRs.5.27 Lakh
JaipurRs.5.45 Lakh

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