Ola S1 Pro EMI Calculator

Updated on November 2026

The Ola S1 Pro EMI is Rs. 3,559 per month for 36 months at 9.45% on a loan of Rs. 1,11,175, with a down payment of Rs. 25,591. This is based on the 3kWh variant's on-road price of Rs. 1,36,766 in Rewa (ex-showroom Rs. 1,30,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: S1 Pro On-road price | S1 Pro Mileage

Ola S1 Pro EMI and Down Payment

Ola Electric S1 Pro 3kWh – EMI calculator

Ex-showroom

: Rs. 1,30,999

On-road price

: Rs. 1,36,766 (Rewa)

Loan amount

: Rs. 1,11,175 (On-road price - Down payment)

Down payment

: Rs. 25,591 (Amount paid upfront)

Monthly EMI

: Rs. 3,559 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 5,567

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Ola S1 Pro Bike Loan EMI Calculator

Variant: 3kWh
On-road price (Rewa): Rs. 1,36,766
Down payment: Rs. 25,591
Loan amount: Rs. 1,11,175
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 3,559

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

Ola S1 Pro Bike Loan EMI & Loan Breakdown

Monthly EMI

Rs. 3,559

36 months @ 9.45%

Down paymentRs. 25,591
Loan amountRs. 1,11,175
Total interestRs. 16,949
Total loan repayment (EMIs)Rs. 1,28,124
Total purchase outlayRs. 1,53,715

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the 3kWh costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

Year	Principal paid	Interest paid	Outstanding loan
Year 1 Months 1-12	Rs. 33,634	Rs. 9,074	Rs. 77,541
Year 2 Months 13-24	Rs. 36,954	Rs. 5,754	Rs. 40,587
Year 3 Months 25-36	Rs. 40,587	Rs. 2,121	Rs. 0

Ola S1 Pro Loan Interest Rates by Bank

Ola S1 Pro loan rates, 36 months, loan Rs. 1,11,175
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 3,827 (36 months)
ICICI Bank	10.05% onwards	Rs. 3,590 (36 months)
Axis Bank	11% onwards	Rs. 3,640 (36 months)
Bank of Baroda	13.65% onwards	Rs. 3,781 (36 months)

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Ola S1 Pro EMI by Tenure

For a Rs. 1,11,175 loan on the 3kWh at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 9,746	Rs. 5,777	Rs. 1,16,952
24 months	Rs. 5,102	Rs. 11,273	Rs. 1,22,448
36 months	Rs. 3,559	Rs. 16,949	Rs. 1,28,124
48 months	Rs. 2,790	Rs. 22,745	Rs. 1,33,920
60 months	Rs. 2,332	Rs. 28,745	Rs. 1,39,920

Colours

Ola S1 Pro

3.9 18 user reviews

Starts at ₹ 1,30,999

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Ola S1 Pro Variant-Wise EMI

On-road prices in Rewa. Every variant uses the same rule: the loan runs 36 months at 9.45%, and the down payment is the on-road price minus the loan.

S1 Pro Variants	Fuel/Transmission	Ex-showroom	On-road Price	Loan @9.45%	Down Payment	EMI (36 months)
3kWh	Electric	Rs. 1,30,999	Rs. 1,36,766	Rs. 1,11,175	Rs. 25,591	Rs. 3,559
4kWh	Electric	Rs. 1,44,999	Rs. 1,51,012	Rs. 1,23,372	Rs. 27,640	Rs. 3,949

How Is the Ola S1 Pro EMI Calculated?

EMI = [P × r × (1 + r)ⁿ] ÷ [(1 + r)ⁿ − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the 3kWh variant: P = Rs. 1,11,175, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 3,559.

The calculation starts from the Rewa on-road price of Rs. 1,36,766 (ex-showroom Rs. 1,30,999 plus insurance, RTO and other charges).

Factors That Affect Your Ola S1 Pro Loan EMI

Down payment: Every Rs. 10,000 of extra down payment lowers the EMI by about Rs. 320 at 9.45% for 36 months.
Interest rate: A rate 1% higher adds about Rs. 52 to the EMI on a Rs. 1,11,175 loan. Starting rates from the banks on this page range from 10.05% to 14.5%.
Loan tenure: Over 12 months the EMI is Rs. 9,746; over 60 months it drops to Rs. 2,332 but you pay Rs. 22,968 more in interest.
Variant and city: In Rewa the EMI ranges from Rs. 3,559 (3kWh) to Rs. 3,949 (4kWh). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Ola S1 Pro EMI vs Hunter 350, Pulsar N160 S, Pulsar NS200

Starting EMI of each model's base variant, worked out the same way as the Ola S1 Pro: the down payment is the on-road price minus the loan, and the rate depends on the price, so check it in each row.

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Royal Enfield Hunter 350 Base	Rs. 1,71,399	Rs. 3,744	36 months	9.45%	Compare with S1 Pro
Bajaj Pulsar N160 S STD	Rs. 1,53,319	Rs. 3,529	36 months	11.99%	Compare with S1 Pro
Bajaj Pulsar NS200 Single Channel	Rs. 1,63,337	Rs. 3,746	36 months	11.99%	Compare with S1 Pro
TVS Ronin Base - Lightning Black	Rs. 1,58,408	Rs. 3,553	36 months	9.45%	Compare with S1 Pro

Frequently Asked Questions About Ola S1 Pro EMI

What is the monthly EMI for the Ola S1 Pro?

Rs. 3,559 a month for the 3kWh, on a Rs. 1,11,175 loan at 9.45% for 3 years. The top 4kWh works out to Rs. 3,949.

How much down payment is required for the Ola S1 Pro?

About Rs. 25,591 for the 3kWh in Rewa. That's the on-road price of Rs. 1,36,766 minus the Rs. 1,11,175 loan.

How does the loan tenure affect the Ola S1 Pro EMI?

Over 1 year the EMI is Rs. 9,746 and you pay Rs. 5,777 in interest. Stretch it to 5 years and the EMI drops to Rs. 2,332, but interest rises to Rs. 28,745.