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Ola Roadster EMI Calculator

Ola Roadster EMI Calculator

Ola Roadster EMI starts at Rs 3,281 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,01,820. 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 Roadster. (Calculated on On Road Price in Delhi)

 

Ola Roadster Down Payment and EMI

Roadster VariantsLoan @ 9.7%. Down paymentEMI (36 months)
6 kWh1,33,882Rs. 14,876Rs. 4,297
4.5 kWh1,15,561Rs. 12,840Rs. 3,707
3.5 kWh1,01,820Rs. 11,313Rs. 3,281
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Rs. 1.05 - 1.40 Lakh*
EMI starts from ₹ 3,281
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Roadster

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi
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Roadster EMI FAQs

What will be the lowest down payment for Ola Roadster?

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 Roadster includes the RTO and insurance charges.

What will be the monthly EMI for Ola Roadster?

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 Roadster 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. ₹1,02,133/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 102133 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,281/-

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 Roadster?

The interest rate for Ola Roadster 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 Roadster?

EMI for Ola Roadster 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 Roadster User Reviews

4.5/5
Based on61 User Reviews
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  • V
    vishal on Oct 26, 2024
    2.8
    Ok let's check out
    Ok but hum log trust kr sakte hai durability p and range p because durability it's major issue for electric every bike
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  • D
    dipesh on Oct 24, 2024
    4.2
    The most perfect thing
    The most perfect thing and feature about this is that it is above the competition and far away from new modern technologies
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  • J
    jafar on Oct 24, 2024
    5.0
    Superb quality product
    The Ola Roadster is a highly anticipated electric motorcycle from Ola Electric, aimed at revolutionizing the electric two-wheeler segment. It boasts an impressive range, fast.....
    Read More
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  • K
    kuppa on Oct 19, 2024
    5.0
    Nice controlling bike better performance
    Nice controlling bike better performance compare with revolt better navigation system better suspension super milage and the bike disign is very cool
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  • B
    baymax on Oct 17, 2024
    3.7
    Ola roadster reviews
    Except for design and styling everything is good at this price range. You can consider this bike if you want to get a value for money bike.
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  • View All Ola Roadster Reviews

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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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