Ola S1 X Plus EMI Calculator

Updated on October 2026

The Ola S1 X Plus EMI is Rs. 3,252 per month for 36 months at 9.45% on a loan of Rs. 1,01,592, with a down payment of Rs. 24,022. This is based on the 4kWh variant's on-road price of Rs. 1,25,614 in Delhi (ex-showroom Rs. 1,19,999). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: S1 X Plus On-road price | S1 X Plus Mileage

Ola S1 X Plus EMI and Down Payment (Delhi)

Ola Electric S1 X Plus 4kWh – EMI calculator

Ex-showroom

: Rs. 1,19,999

On-road price

: Rs. 1,25,614 (Delhi)

Loan amount

: Rs. 1,01,592 (On-road - Down payment)

Down payment

: Rs. 24,022 (On-road - Loan amount)

Monthly EMI

: Rs. 3,252 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 5,415

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Ola S1 X Plus Bike Loan EMI Calculator

On-road price (Delhi): Rs. 1,25,614
Down payment: Rs. 24,022
Loan amount: Rs. 1,01,592
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 3,252
Total interest: Rs. 15,480
Total payable: Rs. 1,17,072

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 X Plus Loan Interest Rates by Bank

Ola S1 X Plus loan rates, 36 months, loan Rs. 1,01,592
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 3,497 (36 months)
ICICI Bank	10.05% onwards	Rs. 3,280 (36 months)
Axis Bank	11% onwards	Rs. 3,326 (36 months)
Bank of Baroda	13.65% onwards	Rs. 3,455 (36 months)

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Ola S1 X Plus EMI by Tenure

For a Rs. 1,01,592 loan on the 4kWh electric at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 8,906	Rs. 5,280	Rs. 1,06,872
24 months	Rs. 4,662	Rs. 10,296	Rs. 1,11,888
36 months	Rs. 3,252	Rs. 15,480	Rs. 1,17,072
48 months	Rs. 2,550	Rs. 20,808	Rs. 1,22,400
60 months	Rs. 2,131	Rs. 26,268	Rs. 1,27,860

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Ola S1 X Plus

5.0 4 user reviews

Starts at ₹ 1,19,999

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Ola S1 X Plus Variant-wise EMI & Down Payment

S1 X Plus Variants	Fuel/Transmission	Ex-showroom	Loan @9.45%	Down Payment	EMI (36 months)
4kWh	Electric	Rs. 1,19,999	Rs. 1,01,592	Rs. 24,022	Rs. 3,252
5.2Kwh	Electric	Rs. 1,63,999	Rs. 1,39,924	Rs. 30,475	Rs. 4,479

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Ola S1 X Plus EMI FAQs

What is the EMI for the Ola S1 X Plus?

Rs. 3,252 per month for the 4kWh variant (loan Rs. 1,01,592, 9.45%, 36 months). Over 60 months it is Rs. 2,131.

What is the down payment for the Ola S1 X Plus?

Rs. 24,022 for 4kWh and Rs. 30,475 for 5.2Kwh in ZigWheels' default calculation.

What is the EMI for the Ola S1 X Plus 5.2Kwh variant?

Rs. 4,479 per month on a loan of Rs. 1,39,924 at 9.45% for 36 months.

Which bank has the lowest rate for a Ola S1 X Plus loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 3,280 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Ola S1 X Plus loan?

Rs. 15,480 over 36 months on the 4kWh loan at 9.45%.

What on-road price is the Ola S1 X Plus EMI based on?

Rs. 1,25,614 in Delhi: ex-showroom Rs. 1,19,999, insurance Rs. 5,415, RTO and other charges Rs. 200.

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 Ola S1 X Plus Q&A

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