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    Ola S1 Z EMI Calculator

    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 VariantsLoan @9.7%. Down paymentEMI (36 months)
    +62,489Rs. 6,943Rs. 2,006
    STD57,909Rs. 6,434Rs. 1,874
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    Rs.59,999* onwards
    EMI starts from ₹1,874
    View Finance Offers

    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*
          • Get EMI offers

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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

          4.6/5
          Based on43 User Reviews
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          Popular Mentions
          • All (43)
          • Comfort (22)
          • Price (16)
          • Looks (15)
          • Mileage (9)
          • Service (8)
          • Speed (8)
          • More...
          • Latest
          • Most Helpful
          • D
            domsgaming on
            4.5
            A Practical, Budget-Friendly EV Best for Apartment
            Smooth and always comfortable and safe journey highly recommend to everyone for this is vehicle and which will be good, the bike is amazing and very smooth in riding, experience was good, satisified with this bike. The real-world ride quality of the Ola S1 Z has received a largely positive response from daily city commuters. Owners praise its practicality, though its performance varies depending on the specific terrain. Yes, I would recommend the Ola S1 Z if you are looking for an affordable, highly practical electric scooter for short city commutes, especially if you live in an apartment without a dedicated parking charging point. However, it is not ideal for everyone. Here is a direct breakdown of why you should or shouldn't buy it, and who it is best for.
            Read More
            1 2
          • R
            raju on
            5.0
            marvellous
            I bought this vehicle. It is so stylish and looking good. It is marvellous and easy to drive. In compare to other evs, it is best of my experience and and I have never seen before in the market. The speed of this ev is very fast and faster than other ev. Value for money. Excellent performance and comfort.
            Read More
            5 10
          • R
            rishbha on
            5.0
            Good and Economical Electric Scooter for Daily Cit
            I chose the Ola S1 Z because it is affordable, eco-friendly, and has a good range of up to 146 km. It also offers modern features like a removable battery, Bluetooth connectivity, and low running cost, making it suitable for daily city communication. The ride has been good so far. The scooter is smooth and quiet because it is electric and the pickup is good for city riding. It is comfortable for daily commuting and easy to handle in traffic. Overall it feels economical and convenient for everyday use. Yes, I would recommend this bike for daily city use. It is affordable, eco friendly, and has a good range for commuting. The scooter can give up to about 75 to 146 km on a full charge and has a top speed of around 70 km per hour, which is suitable for city travel.
            Read More
            19 26
          • A
            anmol on
            4.2
            Very nice scooty
            I was feed up by using public transport for several years as they are really disgusting and waste my too much time in traffics and all time got late due to these reasons then I saw this Ola scooter that is fit for heavy to heavy traffic conditions and also have good mileage so I choose this scooter and with the name of full trust brand Ola. The ride is quiet good but seats are so much tight for a long journey. It took around 120 km per charge and going for office work it is a nice choice to ride this scooter. In the city for small small work its a best options. Yes, obviously I would recommend this scooter to my employees, friend and especially for the students who take classes and go in a public transport and faces issues that sometimes they are late or not able to reach on time due to traffic, these scooter help them to go in a very bad traffic conditions also with its sleek design.
            Read More
            10 14
          • N
            niketa on
            4.7
            Affordable , good looking , family scooter
            You choose The scooter because this is a affordable family scooter comes with the amazing price of 60000. And in this budget it supports toh ola app and you can also on scooter with the use of your phone like other ola scooters Ride distance is around 140-142 and the speed of this scooter goes 69 and in price range this is a good affordable family scooter for us i am very happy after bought this scooter So guys you should must have the ola in this price point. Yeah I recommend this scooter to everyone and more than students because I am also a student and I don't have a lot of money toh buy scooter in price point of 1 - 1.5 lakhs. With the use of this scooter I am happy.
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            11 16
          • M
            md on
            4.3
            Awsm bike with cost free
            I was looking for a bike that offers a perfect balance between stylish looks and low maintenance. Its modern design and the brand's reputation for reliability made it my top choice for daily commuting. The ride is very smooth on highways and the handling is manageable in city traffic. While the suspension feels a bit stiff on big potholes, the comfort and mileage have been consistently impressive so far. Yes, I highly recommend it for daily commuters and students. It is ideal for someone who wants a feature-rich bike that is easy on the pocket in terms of servicing and fuel costs. It is a very budget friendly bike.
            Read More
            1 4
          • N
            naman on
            4.3
            This a good and affordable ev scooter
            I 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.
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            5 7
          • V
            vivek on
            5.0
            Very nice scooty
            Very 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 good
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            5 11
          • R
            rdj on
            4.0
            The Ola S1 Z is
            The 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 More
            4 4
          • T
            tousif on
            4.7
            Worth of riding
            This 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 consuming
            Read More
            2 4
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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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