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Ola S1 Z EMI Calculator
Ola S1 Z EMI starts at Rs 1,874 per month for a tenure of 36 months @9.7 for a loan amount of Rs 57,909. 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 Z. (Calculated on On Road Price in Delhi)
Ola S1 Z Down Payment and EMI
| S1 Z Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| + | 62,489 | Rs. 6,943 | Rs. 2,006 |
| STD | 57,909 | Rs. 6,434 | Rs. 1,874 |
Shortlist
Rs.59,999 - 64,999*
EMI starts from ₹1,874
Calculate your Loan EMI for S1 Z
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.1,874*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.58343
- Interest amountRs.9121
- Total Amount PayableRs.67464*
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S1 Z EMI FAQs
Q) What will be the lowest down payment for Ola S1 Z?
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 Z includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ola S1 Z?
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 Z 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. ₹58,343/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 58343 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,874/-
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 Z?
A) The interest rate for Ola S1 Z 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 Z?
A) EMI for Ola S1 Z 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 Z User Reviews
Based on37 User Reviews
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Popular Mentions
- All (37)
- Comfort (18)
- Price (15)
- Looks (12)
- Service (7)
- Mileage (7)
- Performance (6)
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- This a good and affordable ev scooterI chose the OLA S1Z for several reasons that for environmental values. First, the OLA S1Z offers an impressive blend of performance and technology. With a top speed of 70 km/h and a range of up to 140 km on a single charge. The OLA S1Z is a good scooter for me it me best of the milage in this price segment of the scooters or bikes , generally its experience on the highway was not so good, its milage or speed is not suitable for highway. Yes , I will recommend this ev - scooter to everyone or mainly whom that they cannot have a big budget fo a bike or scooter mainly for ev bike or scooter. This scooter is suggested to me by my uncle.Read More
- Very nice scootyVery nice scooty from ola. I like it I am very satisfied with ola very nice scooty from ola s1z this scooty for my children and I want to gift my cousin because this scooty mileage and charging time is good and enough this scooty ola s1z quality is perfect than ather,Vida,and ampere this handling is very goodRead More1 1
- The Ola S1 Z isThe Ola S1 Z is praised for its value-for-money pricing, attractive styling, and suitability for urban commuting, with many users highlighting its comfortable ride and good range for daily use. However, some users express concern about the comfort of the curved seating design during longer rides, potential battery drain on inclines, and some basic features. Overall, it's considered a strong option for students and delivery personnel, offering an affordable and low-maintenance electric scooter.Read More2
- Worth of ridingThis scooty is value for money and looks was really good and light weight easy to control i was bought this scooty for my father he is getting old and having problem in running bike so I gift him this ola Scooty and this will run 140 km in on charge and charging speed is also fast so it's very less time consumingRead More
- Stylish lookSuperb mileage and stylish look best in eclectic scooter my choice is ola s1 z worthwhile price also middle class family suitable this scooter nice colors model design.I like this scooter very much. I am very excited to purchase this scooter.It is very comfortable to ride and also give mileage. ThankyouRead More
- The OLA S1 STD isThe OLA S1 STD is a fantastic addition to olas electric scooter lineup, offering a great balance of style, performance, and affordability. It's designed keeping in mind the needs of daily commuters who want an eco friendly and reliable two wheeler without compromising on comfort. The standout feature of scooter is that it is smooth and silent.Read More1 1
- Good for drivingGood for driving it's running smoothly and safety it' very easy to handle also drive good for girls, housewife, for college students easy to charging, easy to servicing, and long lasting back up getting to much extra spaces u can easily access stuff and any others it was good experience this bike aslo accessoriesRead More
- Value for moneyVery nice for riders and for comuters is best option and I have ride the scoter and it very impressed and scoter is also value le for money. I have used past 5 months no issues are and issues are not come in the bike service is good and costomer care is also good and I impressed about removable batteryRead More1
- Ola S1 z purely aOla S1 z purely a essence of its original version having same or simmilar quality of build and its maintainance cost just differs from original and the original tork also but it can be considered from other electric vehicles ola can be trusted without any further inconveniences and every aspect of the scooty is acceptable.Read More
- Comfortable ridingThe scooter is gud when the time is about weight luggage and many more its helps a lot of you want to purchase a gud and load handled vehicle this is for u by chance u don't need to give load u can use it as a normal electric scooter it has normal range in price not to much not to less this is perfect if u are finding a budget range scooterRead More
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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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