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Ola S1 X EMI Calculator

Ola S1 X EMI Calculator

Ola S1 X EMI starts at Rs 2,209 per month for a tenure of 36 months @9.7 for a loan amount of Rs 69,091. 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

S1 X VariantsLoan @ 9.7%. Down paymentEMI (36 months)
4kWh91,993Rs. 10,221Rs. 2,963
3kWh81,000Rs. 9,000Rs. 2,602
+89,244Rs. 9,916Rs. 2,864
2kWh69,091Rs. 7,677Rs. 2,209
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Rs. 72,999 - 97,999*
EMI starts from ₹ 2,209
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for S1 X

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.76,768
  • Total Loan AmountRs.68768
  • Payable AmountRs.79524
  • You’ll pay extraRs.10756
EMIper month
Rs2,209
Calculated on On Road Price in Delhi
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S1 X EMI FAQs

Q) What will be the lowest down payment for Ola S1 X?
A) 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.
Q) What will be the monthly EMI for Ola S1 X?
A) 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. ₹68,768/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 68768 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,209/- 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.
Q) What will be the interest rate for Ola S1 X?
A) 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.
Q) What will be the EMI for 3 years tenure for Ola S1 X?
A) 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

4.2/5
Based on233 User Reviews
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  • A
    armandeep on Dec 30, 2024
    5.0
    Very much good And comfort
    Very much good And comfort And touch screen Battery backup is very good And all parts water profe And boots space is very good And look vice is very good and beautiful And key start is very good And heavy material is used to make ola is very good And touch screen Motor us very powerful Thank ola
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  • M
    mihir on Dec 28, 2024
    2.3
    Poor bike low service
    I strongly advise against purchasing this bike. The performance is subpar, and the service team is highly irresponsible and careless. They show no concern for customer satisfaction. Additionally, the sales team’s attitude is disappointing. Once the bike is sold, they become indifferent and are solely focused on meeting their sales targets, neglecting post-sale responsibilities. This lack of professionalism and support makes it a poor choice overall
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  • R
    raju on Dec 28, 2024
    5.0
    Ola the ola S1 air
    Ola The Ola S1 Air is an electric scooter manufactured by Ola Electric, a prominent player in India's electric vehicle market. It is designed to offer an affordable yet feature-packed electric two-wheeler experience, combining performance, range, and tech features. Here's an overview of the key aspects of the Ola S1 Air:
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  • Y
    yuvaraj on Dec 27, 2024
    4.5
    Hello am yuvaraj, i brought
    Hello am yuvaraj, i brought this ola s1x+ for 1.16lacs at the pre-sale, but i have issues at 5000km,10000km and 15000km , first but on/off problem and then charger is not working within 8months and now i have a problem like my bike tyres are too stuck on appling a small amount of break, now i need to consider the showroom help. One good thing all the three sort of problems are solved with zero cost but it takes week, thankyou
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  • S
    sachin on Dec 26, 2024
    4.0
    This is a very good
    This is a very good bike in India. Its speaker system is also great. It runs well even in potholes on the road. Its front silencer is very good and I had to take it to the service center for 2 years to get the system updated, the bike ran very well for the remaining 2 years, friends it's a great bike, I recommended
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Disclaimer :

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.

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*Ex-showroom Price in Delhi
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