Ola S1 X EMI starts at Rs 2,275 per month for a tenure of 36 months @9.7 for a loan amount of Rs 70,923. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your S1 X. (Calculated on On Road Price in Delhi)
Ola S1 X Down Payment and EMI
Calculate your Loan EMI for S1 X
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Beyond the Mainstream: Explore Uncharted Electric Vehicles
- Electric
Kinetic Green E LunaRs77,583 - 88,668* - ElectricAmpere Magnus EXRs99,060*
- ElectricBounce Infinity E.1Rs64,221 - 1.30 Lakh*
- Okaya FaastRs1.14 - 1.25 Lakh*
- ElectricLectrix EV LXS G 2.0Rs1.04 Lakh*
- ElectricBGauss C12iRs1.17 - 1.44 Lakh*
- ElectricBattRE Electric StorieRs99,160 - 1.14 Lakh*
- ElectricJoy e-bike WolfRs78,682 - 95,298*
- ElectricFujiyama SpectraRs54,830 - 80,836*
Find EMI of S1 X Alternatives
S1 X EMI FAQs
- FAQ
What will be the lowest down payment for Ola S1 X?
The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Ola S1 X includes the RTO and insurance charges.
What will be the monthly EMI for Ola S1 X?
EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Ola S1 X can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹70,803/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 70803 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,275/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.
What will be the interest rate for Ola S1 X?
The interest rate for Ola S1 X primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.
What will be the EMI for 3 years tenure for Ola S1 X?
EMI for Ola S1 X for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.
Ola S1 X User Reviews
- All (144)
- Performance (56)
- Experience (47)
- Comfort (40)
- Looks (31)
- Power (28)
- Speed (24)
- Price (23)
- More ...
Popular Mentions
- Latest
- Most Helpful
Ola S1 X is doing the opposite of it
Whenever I compare the Ola S1 X with other electric scooters, Ather simply disappoints me in terms of price and riding range. As with time every company is trying their hand at.....Read More
- Like
- Dislikes
Ola S1 X was like a dream come true
Getting my hands on the Ola S1 X was like a dream come true, all thanks to my hard-earned savings! It felt like a well-deserved reward for my dedication and perseverance. This.....Read More
- 1 Like
- Dislikes
A practical electric scooter
Maneuvering through Chennai's crowded streets on the S1 X was a breeze. With its practical range of 100 km, I could navigate the city without breaking a sweat. Priced at around.....Read More
- Like
- Dislikes
This electric scooter is ideal for people
Alright, guys, allow me to reveal some information regarding the OLA S1 X. This electric scooter is ideal for people who want contemporary features mixed with a traditional feel......Read More
- 1 Like
- Dislikes
Impressive Range
This scooter shines in daily commuting thanks to its smooth handling, impressive range, and top speed. Although maintenance expenses might slightly impact your finances, it still.....Read More
- Like
- Dislikes
- View All Ola S1 X Reviews
Best Electric Bikes
- TEST RIDE AVAILABLE
Ola S1 X News
Top 10 Scooters in India
- Honda Activa 6GRs76,234 onwards*
- Suzuki Access 125Rs79,900 onwards*
- TVS NTORQ 125Rs84,636 onwards*
- Honda Activa 125Rs79,806 onwards*
- ElectricOla S1 ProRs1.30 Lakh onwards*
- TVS JupiterRs73,340 onwards*
- Honda DioRs70,211 onwards*
- ElectricTVS iQubeRs97,307 onwards*
- ElectricAther 450XRs1.43 Lakh onwards*
- Yamaha RayZR 125 Fi HybridRs85,030 onwards*
Users Also Viewed
More Scooter Options to Consider
Trending Ola Electric Scooters
Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.