Ola Roadster EMI Calculator


Updated on November 2026
The Ola Roadster EMI is Rs. 2,834 per month for 36 months at 9.45% on a loan of Rs. 88,524, with a down payment of Rs. 25,309. This is based on the 3.5 kWh variant's on-road price of Rs. 1,13,833 in Bangalore (ex-showroom Rs. 1,04,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: Roadster On-road price | Roadster Mileage

Ola Roadster EMI and Down Payment

Ex-showroom
: Rs. 1,04,999
On-road price
: Rs. 1,13,833  (Bangalore)
Loan amount
: Rs. 88,524  (On-road price - Down payment)
Down payment
: Rs. 25,309  (Amount paid upfront)
Monthly EMI
: Rs. 2,834  (For Tenure of 36 months @ 9.45%; banks start from 10.05%)
Insurance
: Rs. 8,134
View November Offers View EMI Offers

Ola Roadster Bike Loan EMI Calculator

Variant
3.5 kWh
On-road price (Bangalore)
Rs. 1,13,833
Down payment
Rs. 25,309
Loan amount
Rs. 88,524
Interest rate
9.45%
Tenure
36 months
Monthly EMI
Rs. 2,834
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

Ola Roadster Bike Loan EMI & Loan Breakdown

Monthly EMI
Rs. 2,834
36 months @ 9.45%
  • Down paymentRs. 25,309
  • Loan amountRs. 88,524
  • Total interestRs. 13,500
  • Total loan repayment (EMIs)Rs. 1,02,024
  • Total purchase outlayRs. 1,27,333

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the 3.5 kWh costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

YearPrincipal paidInterest paidOutstanding loan
Year 1 Months 1-12Rs. 26,783Rs. 7,225Rs. 61,741
Year 2 Months 13-24Rs. 29,426Rs. 4,582Rs. 32,315
Year 3 Months 25-36Rs. 32,315Rs. 1,693Rs. 0
Image
Do you own a Car or Bike?
  • Interact with community
  • Become a Top Contributor
Add Car Add Bike

Ola Roadster Loan Interest Rates by Bank

Ola Roadster loan rates, 36 months, loan Rs. 88,524
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 3,047 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 2,858 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 2,898 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 3,011 (36 months)
Apply Now

Ola Roadster EMI by Tenure

For a Rs. 88,524 loan on the 3.5 kWh at 9.45%.

Tenure EMI Total Interest Total Payable
12 months Rs. 7,760 Rs. 4,596 Rs. 93,120
24 months Rs. 4,062 Rs. 8,964 Rs. 97,488
36 months Rs. 2,834 Rs. 13,500 Rs. 1,02,024
48 months Rs. 2,222 Rs. 18,132 Rs. 1,06,656
60 months Rs. 1,857 Rs. 22,896 Rs. 1,11,420
Ola Roadster
Images | Colours
Ola Roadster
4.6 35 user reviews
Starts at ₹ 1,04,999
View November Offers
Add your question
Have a question in mind?

Get Answers from over 1.2 million owners and auto-experts

Ask Your Question

Ola Roadster Variant-Wise EMI

On-road prices in Bangalore. 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.

Roadster Variants Fuel/Transmission Ex-showroom On-road Price Loan @9.45% Down Payment EMI (36 months)
3.5 kWh Electric Rs. 1,04,999 Rs. 1,13,833 Rs. 88,524 Rs. 25,309 Rs. 2,834
4.5 kWh Electric Rs. 1,19,999 Rs. 1,29,101 Rs. 1,01,592 Rs. 27,509 Rs. 3,252
6 kWh Electric Rs. 1,39,999 Rs. 1,49,458 Rs. 1,19,016 Rs. 30,442 Rs. 3,810

How Is the Ola Roadster 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 3.5 kWh variant: P = Rs. 88,524, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 2,834.

The calculation starts from the Bangalore on-road price of Rs. 1,13,833 (ex-showroom Rs. 1,04,999 plus insurance, RTO and other charges).

Factors That Affect Your Ola Roadster 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. 41 to the EMI on a Rs. 88,524 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. 7,760; over 60 months it drops to Rs. 1,857 but you pay Rs. 18,300 more in interest.
  • Variant and city: In Bangalore the EMI ranges from Rs. 2,834 (3.5 kWh) to Rs. 3,810 (6 kWh). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Ola Roadster EMI vs SP125, Raider, Apache RTR 160

Starting EMI of each model's base variant, worked out the same way as the Ola Roadster: the down payment is the on-road price minus the loan.

ModelOn-road PriceEMITenureInterest RateCompare
Honda SP125 STD Rs. 1,12,090 Rs. 2,465 36 months 9.45% Compare with Roadster
TVS Raider Drum Rs. 1,06,620 Rs. 2,354 36 months 9.45% Compare with Roadster
TVS Apache RTR 160 RM Drum Black Edition Rs. 1,38,648 Rs. 2,773 36 months 9.45% Compare with Roadster
TVS Apache RTR 160 4V RM Disc (Black Edition) Rs. 1,48,923 Rs. 3,104 36 months 9.45% Compare with Roadster

Frequently Asked Questions About Ola Roadster EMI

What is the monthly EMI for the Ola Roadster?

Rs. 2,834 a month for the 3.5 kWh, on a Rs. 88,524 loan at 9.45% for 3 years. The top 6 kWh works out to Rs. 3,810.

How much down payment is required for the Ola Roadster?

About Rs. 25,309 for the 3.5 kWh in Bangalore. That's the on-road price of Rs. 1,13,833 minus the Rs. 88,524 loan.

How does the loan tenure affect the Ola Roadster EMI?

Over 1 year the EMI is Rs. 7,760 and you pay Rs. 4,596 in interest. Stretch it to 5 years and the EMI drops to Rs. 1,857, but interest rises to Rs. 22,896.

Is the Ola Roadster EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Bangalore the 3.5 kWh costs Rs. 1,13,833 on-road, which includes Rs. 8,134 insurance and Rs. 700 RTO and other charges.

Does the Ola Roadster EMI calculator include the processing fee?

Yes. The Rs. 2,950 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Ola Roadster loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 88,524 loan comes to Rs. 2,858 a month.

Ask or read owner questions on Ola Roadster Q&A

Ola Bikes in India

Ola Bikes in India

Ola Scooters in India

Ola Scooters in India

Popular Electric Bikes

View All Popular Electric Bikes
  1. Home ›
  2. New Bikes ›
  3. Ola ›
  4. Roadster ›
  5. Ola Roadster EMI Calculator
×