Bob Dylan's Greatest Hits Volume 3 is a compilation LP album by Bob Dylan, released on Columbia Records on compact disc and cassette tape in 1994, Columbia catalogue number 66783.

The track "Groom's Still Waiting at the Altar" was added to later pressings of Shot of Love after initially being released on the flipside of a single.

It includes four Top 40 singles and one previously unreleased track, an outtake from the sessions for Oh Mercy, the song "Dignity" with a new backing track overdubbed and produced in the autumn of 1994 by Brendan O'Brien.

"Changing of the Guards" and "Jokerman" did not make the singles chart, while "Knockin' on Heaven's Door" peaked at No.

The liner notes provide a more detailed track-by-track personnel listing.