The R3 and MT-03 both have recieved a price cut of Rs 1.10 Lakh, effective from 1st February.
The Yamaha R3 is now priced at Rs 3.60 Lakh (ex-showroom), while MT-03 now costs Rs 3.50 Lakh (ex-showroom).
The R3 now costs less than the Aprilia RS 457 while its still Rs 39,000 costlier than the KTM RC 390, making it more VFM than before.
The price cut is intended to help Yamaha dealers clear their old unsold stock to make space for their new models.
Both the bikes are based on the same platform with identical parts and share the same 321cc twin-cylinder engine.
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