Key highlights

Yamaha R3 and MT-03 prices slashed by Rs 1.10 lakh
The new price cut is also applicable to the MY25 models
R3 is now priced at Rs 3.6 lakh while MT-03 is available at Rs 3.5 lakh

In an attempt to remain relevant in the middle-weight performance bike segment, Yamaha India has reduced the prices of its R3 and MT-03. The sibling bikes have undergone a huge price cut of Rs 1.10 lakh, thus, making them into lucrative deals. Read more details on it below.

Also read: 2025 KTM 390 Adventure official specifications for India revealed

Yamaha R3 and MT-03 price cut – is it a stock clearance?

The recent price cut on the R3 and MT-03 is not a result of a stock clearance sale as the new rates are also applicable on the MY25 models. The price slash of Rs 1.10 lakh has brought the sticker price on the R3 to Rs 3.6 lakh, while the MT-03 is now available at Rs 3.5 lakh ex-showroom. The new prices will be imposed from upcoming February 1 across India.

Mind you, both of the 321cc sibling bikes were launched in India in late 2023. Despite being highly popular among enthusiasts, their absurd pricing made it simply impossible to sell these models. As a result, only a handful of bikes witnessed roads, until now.

Powered by the parallel-twin 321cc, liquid-cooled engine, the R3 and MT-03 offer staggering performance and flawless riding dynamics. The duo is popular for their tuner-friendly nature in the South Asian markets. Moreover, their lightweight makes them easy to use in the city limits.

In India, the Yamaha R3 rivals the Aprilia RS457 and the Kawasaki Ninja 300. While the MT-03 rivals the KTM 390 Duke and the Triumph Speed 400.

Also read: 2025 Hero Xpulse 210 deliveries to start from March – see details

Our verdict on Yamaha R3

The price reduction of the Yamaha R3 and MT-03 was much-needed. With the new pricing, both of these bikes now fall into a realistic ballpark, when compared to their rivals. Additionally, Yamaha has already patented the new 2025 R3 in India; indicating a launch soon.