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Ola S1 Pro EMI Calculator
Ola S1 Pro EMI starts at Rs 3,480 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,08,292. 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 Pro. (Calculated on On Road Price in Delhi)
Ola S1 Pro Down Payment and EMI
| S1 Pro Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 4kWh | 1,31,194 | Rs. 14,577 | Rs. 4,201 |
| 3kWh | 1,08,292 | Rs. 12,032 | Rs. 3,480 |
Shortlist
Rs. 1.15 - 1.40 Lakh*
EMI starts from ₹3,480
Calculate your Loan EMI for S1 Pro
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.1,20,324
- Total Loan AmountRs.108324
- Payable AmountRs.125280
- You’ll pay extraRs.16956
EMIper month
Rs3,480
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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S1 Pro EMI FAQs
Q) What will be the lowest down payment for Ola S1 Pro?
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 Pro includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ola S1 Pro?
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 Pro 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. ₹1,08,324/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 108324 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,480/-
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 Pro?
A) The interest rate for Ola S1 Pro 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 Pro?
A) EMI for Ola S1 Pro 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 Pro User Reviews
Based on14 User Reviews
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- Very good bikeAmazing bike scooter I have ever seen in my life his pickup is excellent his speed is very very superb and outstanding control is also best and amazing my experience is very very out of words I like to ride Ola s1 pro scooter his ride is like sound less jet i want to buy one more s1 pro Jen 2 scooter because of his performanceRead More
- Ola reviewI buy Ola s1 pro with a doubt to buy or not, but now i love this scooter very much and very helpful for my daily life. I used Ola S1 Pro gen 2 and i am planning to upgrade with gen 3 and I have a plan to buy the roadster bike also. The hyper mode of Ola S1 Pro gen 2 is awesome and it goes approximately 110 plus.Read More1
- Maintenance costPerformance and ride quality is nice but maintenance cost is too high. Range is okk and in this range top speed and pickup is very good and some time suspension didn't work properly. A day in market suddenly my ola screen off and scooter didn't start this was my biggest headache about ola . But many things are good in olaRead More
- Best EBikeBest Electric Bike in the segment and Best for Office Use, Upgraded features and Specifications. Happy to Having this OLA S1 PRO E Bike. Ola company updating its products with different range of models and competatory features like Non Eelectric Bike. I was using Ola bike since 3 Years thinking to buy latest version.Read More1
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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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