Okaya Freedum EMI Calculator

Updated on October 2026

The Okaya Freedum EMI is Rs. 1,635 per month for 36 months at 9.45% on a loan of Rs. 51,063, with a down payment of Rs. 14,389. This is based on the Li variant's on-road price of Rs. 65,452 in Delhi (ex-showroom Rs. 61,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: Freedum On-road price | Freedum Mileage

Okaya Freedum EMI and Down Payment (Delhi)

Ex-showroom

: Rs. 61,999

On-road price

: Rs. 65,452 (Delhi)

Loan amount

: Rs. 51,063 (On-road - Down payment)

Down payment

: Rs. 14,389 (On-road - Loan amount)

Monthly EMI

: Rs. 1,635 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 3,453 (Check Freedum Insurance)

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Okaya Freedum Bike Loan EMI Calculator

On-road price (Delhi): Rs. 65,452
Down payment: Rs. 14,389
Loan amount: Rs. 51,063
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 1,635
Total interest: Rs. 7,797
Total payable: Rs. 58,860

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Okaya Freedum Loan Interest Rates by Bank

Okaya Freedum loan rates, 36 months, loan Rs. 51,063
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 1,758 (36 months)
ICICI Bank	10.05% onwards	Rs. 1,649 (36 months)
Axis Bank	11% onwards	Rs. 1,672 (36 months)
Bank of Baroda	13.65% onwards	Rs. 1,737 (36 months)

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Okaya Freedum EMI by Tenure

For a Rs. 51,063 loan on the Li electric at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 4,476	Rs. 2,649	Rs. 53,712
24 months	Rs. 2,343	Rs. 5,169	Rs. 56,232
36 months	Rs. 1,635	Rs. 7,797	Rs. 58,860
48 months	Rs. 1,282	Rs. 10,473	Rs. 61,536
60 months	Rs. 1,071	Rs. 13,197	Rs. 64,260

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Okaya Freedum

2.9 31 user reviews

Starts at ₹ 61,999

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Okaya Freedum EMI vs Jupiter, HF Deluxe, Radeon

TVS Jupiter
Rs. 74,125
Jupiter EMI Compare with Freedum
Hero HF Deluxe
Rs. 59,477
HF Deluxe EMI Compare with Freedum
TVS Radeon
Rs. 58,850
Radeon EMI Compare with Freedum
Hero Pleasure Plus
Rs. 69,766
Pleasure Plus EMI Compare with Freedum
Honda Shine 100
Rs. 65,642
Shine 100 EMI Compare with Freedum

Okaya Freedum EMI FAQs

What is the EMI for the Okaya Freedum?

Rs. 1,635 per month for the Li variant (loan Rs. 51,063, 9.45%, 36 months). Over 60 months it is Rs. 1,071.

What is the down payment for the Okaya Freedum?

Rs. 14,389 for Li in ZigWheels' default calculation.

Which bank has the lowest rate for a Okaya Freedum loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 1,649 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Okaya Freedum loan?

Rs. 7,797 over 36 months on the Li loan at 9.45%.

What on-road price is the Okaya Freedum EMI based on?

Rs. 65,452 in Delhi: ex-showroom Rs. 61,999, insurance Rs. 3,453, RTO and other charges Rs. 0.

What is the difference between EMI in advance and EMI in arrears?

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make. EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees.

Ask or read owner questions on Okaya Freedum Q&A

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