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Ola Roadster X EMI Calculator

Ola Roadster X EMI Calculator

Ola Roadster X EMI starts at Rs 2,397 per month for a tenure of 36 months @9.7 for a loan amount of Rs 74,337. 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 X. (Calculated on On Road Price in Delhi)

 

Ola Roadster X Down Payment and EMI

Roadster X VariantsLoan @ 9.7%. Down paymentEMI (36 months)
4.5 kWh97,240Rs. 10,804Rs. 3,118
3.5 kWh83,498Rs. 9,278Rs. 2,691
2.5 kWh74,337Rs. 8,260Rs. 2,397
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Rs. 74,999 - 99,999*
EMI starts from ₹ 2,397
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*Ex-showroom Price in Delhi
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Calculate your Loan EMI for Roadster X

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 X EMI FAQs

What will be the lowest down payment for Ola Roadster 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 Roadster X includes the RTO and insurance charges.

What will be the monthly EMI for Ola Roadster 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 Roadster 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. ₹74,597/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 74597 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,397/-

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 X?

The interest rate for Ola Roadster 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 Roadster X?

EMI for Ola Roadster 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 Roadster X User Reviews

4.7/5
Based on15 User Reviews
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  • G
    ganesh on Oct 26, 2024
    4.7
    King of electic
    Ola is one of the Best indian company why people or bad news i not understand the ola is best King of electic
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  • R
    rajvardhan on Oct 18, 2024
    4.3
    Best bike for look and average
    Best bike by look and comfort and range also,ola also trying hard for service and his marketing.all the best ola
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  • S
    shankar on Oct 13, 2024
    5.0
    Ola 's this bike is greatest power full moter
    Ola 's this bike is very comfortable bike Ola all bikes are very fast but bike is very power full morter and millage 150km
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  • A
    aryan on Oct 12, 2024
    4.7
    The bike is very good
    The bike is very good and I am very happy to take this bike but the colour of bike is amazing The bike is very good
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  • G
    gourav on Sep 26, 2024
    5.0
    Ola electric bike
    Very good bike and it is very comfortable bike amazing bike it engine is smooth it's headlight looks amazing handsome
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  • View All Ola Roadster X 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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