Yamaha R3 and MT-03 GST Price Reduced

The festive season just got even more exciting for Yamaha enthusiasts! The Japanese brand has officially announced a price reduction for its premium twin models — Yamaha R3 and Yamaha MT-03 — following India’s new GST 2.0 reform. With the tax rate lowered for motorcycles under 350cc,Yamaha R3 and MT-03 GST Price Reduced both models now get a ₹20,000 price cut, making them more appealing in the performance segment.

New Prices After GST Cut

Yamaha R3: ₹3.60 lakh → ₹3.39 lakh
Yamaha MT-03: ₹3.50 lakh → ₹3.29 lakh
(Price drop: ₹20,000)

This is Yamaha’s second major price revision in 2025. Earlier in January, both bikes received a massive ₹1.10 lakh reduction to stay competitive against the KTM 390 and Aprilia RS/Tuono 457.

Why the Price Cut Happened

The Indian government recently reduced GST on motorcycles below 350cc from 28% to 18%, aiming to boost the two-wheeler market. Since both the Yamaha R3 and MT-03 come with a 321cc twin-cylinder engine, they now fall under the lower tax bracket — giving buyers direct savings through reduced ex-showroom prices.

Approx On-Road Prices (Major Cities)

Delhi – ₹3.79 lakh
Mumbai – ₹3.93 lakh
Bangalore – ₹4.13 lakh
Pune – ₹3.93 lakh
Hyderabad – ₹4.11 lakh
Ahmedabad – ₹3.73 lakh
Kolkata – ₹3.86 lakh

(Prices may slightly vary depending on RTO charges and insurance.)

Engine & Performance

Both motorcycles share the same platform and are powered by a 321cc liquid-cooled parallel-twin engine producing 41.4 bhp and 29.5 Nm of torque. The 6-speed gearbox with assist & slipper clutch ensures smooth shifts, while the refined twin-cylinder setup delivers an engaging and vibration-free riding experience.

Engine Highlights:

321cc Parallel-Twin Engine
41.4 bhp @ 10,750 rpm
29.5 Nm @ 9,000 rpm
6-Speed Gearbox with Assist & Slipper Clutch
Dual Disc Brakes + Dual-Channel ABS

ALSO READ: New Yamaha MT-09 On Road Price, India Review – Powerful, Stunning Hyper Naked Revealed

Design & Feel

Yamaha R3: Fully-faired supersport design with R-Series DNA — ideal for riders who love aggressive styling and wind protection.
Yamaha MT-03: Naked streetfighter design with upright ergonomics — perfect for city riding and weekend fun.

Both models are CBU imports (Completely Built Units), ensuring top-tier Japanese build quality and flawless fit & finish.

Rivals Comparison

The Yamaha R3 and MT-03 GST Price Reduced update has made these twin-cylinder bikes far more competitive in their segment. Let’s see how the Yamaha R3 stacks up against its closest rivals in terms of engine size, power output, and pricing.

Motorcycle	Engine Type	Power Output	Ex-Showroom Price
Yamaha R3	321cc parallel-twin	41.4 bhp	₹3.39 lakh
Aprilia RS 457	457cc twin-cylinder	47 bhp	₹4.10 lakh
KTM RC 390	399cc single-cylinder	44 bhp	₹3.39 lakh
Kawasaki Ninja 400	399cc twin-cylinder	45 bhp	₹5.19 lakh

In summary: Thanks to the Yamaha R3 and MT-03 GST Price Reduced move, Yamaha now offers one of the most affordable twin-cylinder experiences in India. The R3 may not have the raw power of the Aprilia or the latest tech of the Ninja, but it nails the sweet spot of refinement, performance, and real-world usability — all at a more accessible price point.

Buyer’s Advice

With the Yamaha R3 and MT-03 GST Price Reduced, now is the perfect time to consider buying either of these bikes. The ₹20,000 price cut, combined with Yamaha’s earlier reduction of ₹1.10 lakh, makes these twin-cylinder motorcycles more affordable than ever.

If you’ve been holding off due to pricing, this update significantly improves their value-for-money appeal. The R3 and MT-03 still offer refined engines, excellent handling, and premium build quality.

Keep in mind, however, that these are older-generation models. The latest international versions have been launched globally, but Yamaha hasn’t confirmed their India arrival yet. If you want a twin-cylinder Yamaha now, this is an ideal opportunity to grab one before stocks run out.

Pros & Cons

Pros:
Smooth and refined twin-cylinder engine
Excellent ride and handling balance
Premium Japanese build quality
Now more affordable

Cons:
Older-generation version
Imported as CBU (limited availability)
Rivals offer newer tech

Final Verdict About Yamaha R3 and MT-03 GST Price Reduced

The Yamaha R3 and MT-03 were always known for their performance and refinement — but high pricing kept them out of reach. With the GST-driven price reduction and earlier cuts, they now make practical sense for Indian enthusiasts who crave a smooth, reliable, and stylish twin-cylinder machine.