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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 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 6 kWh | 1,33,882 | Rs. 14,876 | Rs. 4,297 |
| 4.5 kWh | 1,15,561 | Rs. 12,840 | Rs. 3,707 |
| 3.5 kWh | 1,01,820 | Rs. 11,313 | Rs. 3,281 |
Shortlist
Rs.1,04,999* Onwards
EMI starts from ₹3,281
Calculate your Loan EMI for Roadster
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.3,281*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.102133
- Interest amountRs.15983
- Total Amount PayableRs.118116*
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Roadster EMI FAQs
Q) What will be the lowest down payment for Ola Roadster?
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 Roadster includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ola Roadster?
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 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.
Q) What will be the interest rate for Ola Roadster?
A) 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.
Q) What will be the EMI for 3 years tenure for Ola Roadster?
A) 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
Based on122 User Reviews
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- Bestest bikeI have recently bought for my father and he is very happy for long rout driving actually he works 90 km far from my home so he was previously using bajaj avenger 220 but it costs two much fuel now I have gifted roadster so the cost of running is belongs to nothing in comparison to avenger 220 and the style of bike is very futuesticRead More3 2
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- USE OLA SAVE NATUREThe ola bike is good and it's colour and design and giving true range 200+ kms in single charge. And it is suitable for family also with 7 hrs full charging and and suitable for zomato ,Swiggy,rapido ,uber,ola boys it's most useful for them these is the best ola bike I have never these kind of bike in EVRead More1 1
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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.
*Ex-showroom price in Delhi
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