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Ola S1 X EMI Calculator
Ola S1 X EMI starts at Rs 2,823 per month for a tenure of 36 months @9.7 for a loan amount of Rs 88,078. 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 X. (Calculated on On Road Price in Delhi)
Ola S1 X Down Payment and EMI
| S1 X Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| 4kWh | 1,15,561 | Rs. 12,840 | Rs. 3,707 |
| 3kWh | 1,00,903 | Rs. 11,212 | Rs. 3,248 |
| 2kWh | 88,078 | Rs. 9,787 | Rs. 2,823 |
Shortlist
Rs.89,999 - 1.20 Lakh*
EMI starts from ₹2,823
Calculate your Loan EMI for S1 X
Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
Your monthly EMI
Rs.2,823*
Rate of interest @ 9.7%* for 36 Months
- Loan amountRs.87865
- Interest amountRs.13763
- Total Amount PayableRs.101628*
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S1 X EMI FAQs
Q) What will be the lowest down payment for Ola S1 X?
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 X includes the RTO and insurance charges.
Q) What will be the monthly EMI for Ola S1 X?
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 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. ₹87,865/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 87865 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,823/-
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 X?
A) The interest rate for Ola S1 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.
Q) What will be the EMI for 3 years tenure for Ola S1 X?
A) EMI for Ola S1 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 S1 X User Reviews
Based on103 User Reviews
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Popular Mentions
- All (103)
- Comfort (47)
- Looks (28)
- Performance (27)
- Price (25)
- Mileage (23)
- Speed (22)
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- Latest
- Ola S1 X: Efficient Mileage and Reliable BatteryI didn’t want an overpriced EV, so I looked for something that balanced price and features. After visiting a few showrooms and watching real user reviews, the Ola S1 X fit my needs perfectly. It offered good range and a clean look. I ride my Ola S1 X every day, and it’s very comfortable even on uneven roads. The scooter handles traffic easily, and the seat feels supportive during longer trips. I feel in control at all times. I use the Ola S1 X daily to go to work, and the ride is surprisingly smooth. Even on uneven streets, it doesn’t feel shaky. Sitting for half an hour doesn’t hurt, which is rare for electric scooters. I’d tell my friends to try it.Read More1 2
- Affordable and Practical Electric Scooter for City RidesI was tired of spending on petrol every week, so I decided to go for an EV. I compared different models and liked the design and smooth pickup of the Ola S1 X. It felt modern and practical, and that’s what made me buy it. The Ola S1 X goes a long way on a single charge. My usual city commute feels worry-free since I do not have to charge often. It’s efficient and saves money compared to petrol scooters. City traffic is tricky, but the Ola S1 X handles it well. I can weave through cars without stress, and braking is sharp and safe. It makes my commute faster and less tiring. Definitely worth recommending to anyone in the city.Read More1 1
- Smooth and Comfortable Daily Commute with Ola S1 XI bought the Ola S1 X mainly for my everyday city rides. I wanted something easy to handle and pocket-friendly. After checking a few options, I liked the range and comfort this scooter offered. Buying it was quick and the process was simple. Riding the Ola S1 X through the city during my daily commute is quite comfortable. The seat is soft, and the scooter is able to handle the traffic in a very effective way. When picking around small potholes, it also remains stable, and during long rides, I do not feel fatigue. The screen and controls on the Ola S1 X are easy to figure out. I didn’t have to read manuals for hours. Riding felt convenient, and the lights and signals are clear. Definitely something I’d recommend for anyone wanting a practical e-scooter.Read More1 1
- Battery Life, Mileage, and Smooth Ride: Ola S1 XI was looking for a scooter that looked smart and had good features. The Ola S1 X immediately caught my eye. I liked the color options and display setup. After one test ride, I didn’t think twice, it just felt right for my style and daily use. The Ola S1 X offers decent mileage for my day-to-day usage. On my normal trips between 15–20 km, I finish nicely without a charge. It's economical, affordable, fuel efficient, and takes the anxiety out of traveling. People noticed my Ola S1 X while riding around. It looks modern but not flashy. Feels good sitting on it too. If you care about style and comfort, this scooter works. I’d tell my friends it’s a smart buy for city rides.Read More1
- Stylish, Practical, and Pocket-Friendly: Ola S1 X InsightsI bought the Ola S1 X mainly for my office rides. I needed something smooth and light to handle traffic. After checking a few scooters, the S1 X felt perfect for my budget and needs. The booking and delivery went easily, and the ride feels steady every day. I had a minor issue with the Ola S1 X, and their after-sales support was quick and helpful. The team resolved everything efficiently, and I felt supported throughout. Their service gives me confidence as an Ola customer. I charged the Ola S1 X last night and today rode across the city without stress. Battery didn’t drop too fast, and it felt good knowing I could make it back home without charging. Totally recommend it if you need something dependable.Read More
- Ola S1 X is Perfect for Office and City RidesDesign matters to me, and the Ola S1 X looked modern and clean. I wanted a scooter that’s easy to handle in city traffic but still stylish. After checking it in person, I was sure it suited me best. The Ola S1 X impresses with its mileage and speed. It accelerates quickly when needed, yet conserves battery efficiently. I can comfortably complete my daily commute without worrying about frequent charging stops. Tried the Ola S1 X on some busy streets and it moves smoothly. I could change lanes without worry, and acceleration was quick when needed. Handles city traffic well. I’d suggest it to anyone looking for a reliable electric scooter.Read More
- Comfort Meets Efficiency: Riding the Ola S1 X DailyI didn’t want a long or confusing buying experience. Ola’s online process made it really simple. I just booked it, got updates on my phone, and the delivery was on time. The staff explained everything clearly, so no confusion at all. Riding the Ola S1 X daily has been a joy. The seat is comfortable even on longer rides, and handling through city traffic is smooth. I love the stability during sharp turns, making my usual routes hassle-free and enjoyable. I like the basic but useful features, good lights, a clear display, and storage space for small bags. It’s simple, no unnecessary gimmicks, just what I need to ride daily. Yes, I will recommend to all.Read More1
- Ola S1 X: Cost-Effective and Reliable for City RidesI wanted scooter that gives good range without being too costly. I compared a few models but found the Ola S1 X had the right mix of features and price. The test ride was smooth, and that helped me make my decision. I am m quite happy with the speed and pickup of the Ola S1 X. It accelerates quickly and feels stable even at higher speeds. The ride is silent but powerful and it is fun to ride on open stretches or when I am heading out on weekends. Yes I recommend. Riding in traffic is easier than I expected. The Ola S1 X feels light and does not wobble at turns. I can maneuver through busy streets without stress. Makes daily rides much more manageable.Read More
- Ola S1 X Review After Months of UseI was tired of fuel prices going up every month, so I decided to switch to an EV. I saw a few videos and read some owner feedback before finalizing the Ola S1 X. The range and comfort were the main reasons I chose it. The Ola S1 X gives great mileage for my daily use. On a single charge, I can easily cover my regular commute without worry. It’s very cost-effective and ideal for daily rides. The battery performance has been consistent so far. The Ola S1 X accelerates quickly and feels responsive in city traffic. Handling corners is easy, and it gives a confident ride. Perfect for daily use, I would recommend it to friends looking for an electric scooter.Read More
- Smooth, Comfortable, and Stylish: My Ola S1 X ExperienceI picked the Ola S1 X mainly for my daily office use. I wanted something light, smooth and affordable. After checking a some options this one felt right. The booking process was easy and I got the scooter within a week. I have been riding the Ola S1 X for a few months now and the comfort level is really impressive. The seat is wide, handling feels smooth and it glides easily through traffic. Perfect for city rides and short trips. I genuinely enjoy every ride on it. I bought the Ola S1 X last month. The seat is soft and even on potholes the ride does not feel harsh. I can commute without back pain which is a relief. Friends keep asking me if it is worth it. I say yes.Read More
- View All Ola S1 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.
*Ex-showroom price in Delhi
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