Honda Rebel 500 vs Yamaha MT-03
Last Updated: August 3, 2026
Yamaha MT-03 price starts at Rs. 3.31 Lakh, which is Rs. 2.59 Lakh cheaper than the base variant of Honda Rebel 500, priced at Rs. 5.90 Lakh. In terms of mileage, the Rebel 500 offers a claimed 27 kmpl, while the MT-03 delivers 26.31 kmpl. On the performance front, the Rebel 500 uses a 471cc engine producing 46.22 PS @ 8500 rpm and the MT-03 a 321cc engine producing 42 PS @ 10750 rpm. If you're deciding between the Rebel 500 and MT-03, the Rebel 500 is the better pick for mileage and performance, while the MT-03 stands out for affordability and a lighter kerb weight.
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Rebel 500 vs MT-03 Comparison Summary
| Specification | Honda Rebel 500 | Yamaha MT-03 |
|---|---|---|
| Ex-showroom price (base) | Rs. 5.90 Lakh | Rs. 3.31 Lakh |
| Mileage | 27 kmpl | 26.31 kmpl |
| Engine | 471 cc | 321 cc |
| Max power | 46.22 PS @ 8500 rpm | 42 PS @ 10750 rpm |
| Kerb weight | 191 Kg | 167 Kg |
Rebel 500 vs MT-03 Key Highlights
| Basic Info | Honda Rebel 500 E-Clutch | Yamaha MT-03 STD |
|---|---|---|
| Rating |
3 reviews
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63 reviews
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| Brand Name | Honda | Yamaha |
| Ex-Showroom Price | Rs. 5.90 Lakh | Rs. 3.31 Lakh |
| Engine Type | 4 Stroke, 8 valves Parallel Twin DOHC, Liquid Cooled | 4-stroke, Liquid-cooled, DOHC, 4-valves |
| Max Power | 46.22 PS @ 8500 rpm | 42 PS @ 10750 rpm |
| Fuel Type | Petrol | Petrol |
| Colors | ||
| Wheel Size | Front :-406.4 inch, Rear :-406.4 inch | Front :-431.8 mm,Rear :-431.8 mm |
| Wheels Type (Pressed Steel/ Alloy) | Alloy | Alloy |
| ABS | Dual Channel | Dual Channel |
| Starting | Self Start Only | Self Start Only |
| Speedometer | Digital | Digital |
| Insurance | Not Available | Not Available |
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Pros and Cons
- Positives
- Negatives
Honda Rebel 500
- Classic bobber styling with modern touches
- Low seat height and relaxed ergonomics
- Smooth and torquey twin-cylinder engine
Yamaha MT-03
- Looks aggressive and muscular, Engine offers good refinement and smooth power delivery, The light weight and low seat height makes the MT-03 a very approachable motorcycle
Honda Rebel 500
- Limited availability (only 3 cities at launch)
- No riding modes or ride-by-wire tech even at this price
Yamaha MT-03
- Engine lacks outright punch to make this a fun motorcycle in the city, Lack of features makes it a bit too old-fashioned in the segment, Being a direct import, prices will be high
Videos of Honda Rebel 500 and Yamaha MT-03
- Yamaha Big Bikes Coming To India: R7, MT-07, MT-09, R3, MT-03 | New R15 V4, Aerox 155 Colours Launch 8 Apr, 2023 12089 views 10:26
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- Top Upcoming Bike Launches In May 2023 | Yamaha R3, MT-03, KTM 390 Adventure And More | ZigWheels 2 May, 2023 17363 views 4:23
Latest News on Honda Rebel 500 and Yamaha MT-03
-
Weekly Bike News Wrapup: Lots Of Exciting Launches This Time Around!24 May, 2025 | By Team ZigWheels -
Yamaha MT-03 vs KTM 390 Duke: Image Comparison4 Feb, 2025 | By Team ZigWheels -
Kawasaki Eliminator 450 vs Honda Rebel 500 Compared In 7 Images9 Jun, 2023 | By Team ZigWheels -
Yamaha MT-03: Same Price Other Options3 Feb, 2025 | By Team ZigWheels -
Kawasaki Eliminator 400 vs Honda Rebel 500: Specifications Comparison22 Mar, 2023 | By Team ZigWheels -
Yamaha R3 And Yamaha MT-03 Gets A Massive Price Cut!31 Jan, 2025 | By Team ZigWheels -
This Chinese Cruiser Is A Honda Rebel 500 With Fairing28 Feb, 2023 | By Team ZigWheels -
Yamaha MT 03 And MT 25 New Colours Launched In Japan27 Jun, 2024 | By Team ZigWheels -
EICMA 2022: Flagship Honda Rebel Gets Better Highway Manners8 Nov, 2022 | By Team ZigWheels -
In Pictures: 2024 Yamaha MT-03 Road Test Review10 Jun, 2024 | By Team ZigWheels
Recently Asked User Questions
Q. Which would be better in price and performance between Yamaha MT 03, KTM Duke390 and BMW G310R?
- Go for duke 390 because low maintenance cost but bad mileage and it has super top speed I have crossed 170 and its 2020 model
Q. I wish to buy a street bike. I’m short and I have selected 4 bikes. I am single so I need to pick my mother and father may be, so which bike is good for a pillion rider? My dream bikes are BMW G310R, Honda CB300R, Benelli TNT 300 or Yamaha MT 03.
- Blindly go for triumph speed 440 , if you are not short i would have recommended triumph scram 400x....these two are loaded with every features and best bikes with amazing and unbelievably cheap exshowroom price
- Hi , are the parts reliable enough to pass on the bike to next generation?
- Don't go for Benali... Spares not available. You can Trust Yamaha & Honda. BMW service cost is to high... No free service. Minimum service cost starts rs.6000/-
Q. Gd eve team, which is best, NINJA 300 or Yamaha MT 03? Let me know on what basis you're listing your options, whether you see BHP , NM or Mileage? I am curious to know about TVS zeppelin also, your comment on that please.
- Hello Vivek, The Yamaha MT-03 has not been launched in India yet, and is unlikely to enter the country any time soon. The Ninja 300 on the other hand has been heavily localised with competitive pricing. It's a good all-rounder with a decent balance of efficiency and power. The TVS Zeppelin is just in its concept stage as of now. We believe TVS will take at least a year to bring the Zeppelin to production. Even then, it is likely to have only a small-capacity motor as the brand- known for sporty motorcycles would just be testing waters with a cruiser.
Honda Rebel 500 Vs Yamaha MT-03 FAQs
Which bike is best between Honda Rebel 500 vs Yamaha MT-03?
As per the users experiences Honda Rebel 500 is a winner for you if you are seriously looking for mileage, performance and maintenance in your bike. But Yamaha MT-03 is better on the grounds of comfort and features.
Which bike is cheaper Honda Rebel 500 vs Yamaha MT-03?
The Yamaha MT-03 is cheaper than Honda Rebel 500 by ₹2.59 Lakh.
Which bike offers better performance Honda Rebel 500 vs Yamaha MT-03?
For the E-Clutch version, 471 cc Petrol engine of Rebel 500 produces 46.22 PS @ 8500 rpm of power and 43.3 Nm @ 6000rpm of torque. Whereas for the STD version, 321 cc Petrol engine of MT-03 produces 42 PS @ 10750 rpm of power and 29.5 Nm @ 9000 rpm of torqueAs per the users experiences the Honda Rebel 500 has better performance.
Images of Yamaha MT-03
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