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Yamaha MT-03 on-road price in Shimla

The on-road price of the Yamaha MT-03 in Shimla starts at ₹3.97 lakh for the base variant Standard and goes up to ₹3.97 lakh for the top variant Standard. This on-road price includes the ex-showroom price (₹3.30 lakh to ₹3.30 lakh), RTO charges (26.17 K), insurance (~₹40.83 K), and registration costs. The Yamaha MT-03 is a popular Sports Bikes that suits first-time buyers as well as riders looking to upgrade.

Yamaha MT-03 Variant-wise On-Road Price in Shimla

VariantEx-showroom PriceInsuranceRTOTCSStatutory FeesOn-Road Price
Standard₹ 3.30 lakh₹ 40.83 K₹ 26.17 K--₹ 3.97 lakh

₹3,96,611
On-road price
Ex-showroom
₹3,29,608
RTO
₹26,173
Insurance
₹40,830
Get EMI :
-

Yamaha MT-03 Variants: Price & Spec Cards

  • Base Variant

    MT-03Standard

    ₹3.97 Lakh
    On-road price
    321cc
    Displacement
    125kmph
    Top Speed
    26kmpl
    Mileage - ARAI
    Ex-showroom price
    ₹3,29,608
    RTO
    ₹26,173
    Insurance
    ₹40,830
    On-road price
    ₹3,96,611

Calculate EMI for your Yamaha MT-03

EMI starting
@₹11,518/month
10% interest rate per annum
Loan duration3 Years
Loan amount
₹3,56,950
Total interest
₹57,698

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Yamaha MT-03 Variants & Prices in Shimla

The Yamaha MT-03 price in Shimla ranges from ₹3.97 lakh to ₹3.97 lakh (on-road) across 1 variants, with each variant offering a different mix of features and performance. For budget-conscious buyers, the Yamaha MT-03 Standard is a practical pick, though it may skip some features found on higher trims. The MT-03 Standard is the most feature-rich variant from Yamaha, making it the costliest but the best choice for riders who want more.

RTO Tax: ₹26.17 K

Insurance: Approx. ₹40.83 K

Additional Charges: Handling and registration fees.

To calculate the on-road price of the Yamaha MT-03 Standard, use this formula:

On-Road Price = Ex-Showroom Price + RTO/Registration Charges + Insurance Charges + Other Charges (if applicable)

So, ₹3.97 lakh ≈ ₹3.30 lakh + ₹26.17 K + ₹40.83 K + Other Charges

Note: Actual RTO and insurance vary by city/state and chosen insurer. Optional add-ons (zero-dep cover, accessories, extended warranty, etc.) are not included unless specified.

On-Road Price Calculation Example

Standard: ₹3.97 lakh

Standard: ₹3.97 lakh

To calculate the EMI for your Yamaha MT-03 in Shimla, you need to know the following:

Starting EMI: ₹7,584/month

Loan Tenure: 3 years

Interest Rate: 10-12% (approx)

Downpayment: ₹32.96 K

Getting a loan for the Yamaha MT-03 in Shimla is straightforward, as many banks and NBFCs offer bike finance with quick approvals and flexible tenures. A higher down payment reduces your EMI and the total interest paid over the loan.

Shimla's mix of daily city commutes and highway rides makes this Sports Bikes a practical choice. Easy bike finance and a wide dealer network make Shimla a convenient place to buy a Sports Bikes.