OLA Gig+ EMI Calculator

OLA Gig+ EMI starts at ₹3,553 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹39,999. If you are Looking for a OLA Gig+ EMI calculator, try BikeJunction’s bike EMI calculator. Our bike EMI calculator gives you a complete break-up of the total monthly EMI payable for OLA Gig+. You just have to enter the down payment, preferred interest rate and the time period for the loan of OLA Gig+. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for OLA Gig+ after reducing the down payment amount.

Calculate Loan EMI

OLA Gig+

OLA

EditEdit

Gig+

₹957EMI For 5 years
Loan amount : ₹44,999

Down Payment

₹ 0

₹ 37,499

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmtInterestBalance
6₹44,999₹1,327₹46,326
12₹44,999₹2,485₹47,484
24₹44,999₹4,849₹49,848
36₹44,999₹7,273₹52,272
48₹44,999₹9,817₹54,816
60₹44,999₹12,421₹57,420

 Disclaimer: The calculation performed by EMI Calculator is based on the information you entered and is for illustrative purposes only. This calculation reflects amounts in Indian Rupee rounded to the nearest whole figure. Estimated monthly payments DO NOT include any processing or other possible fees which may depend on the financial institution / banks. All loan figures are based upon non-commercial usage and are subject to credit approval from an independent lending source. Actual down payment and resulting monthly payments may vary depending upon type and use of vehicle, regional lender requirements, and the strength of your credit. Check with your dealer for exact monthly payment.


Check EMI of Similar Electric Scooters

River Indie
River Indie
Motor Power4.5 kwRange163 km/charge
₹ 1.52 - 1.55 Lakh
Indie EMIGig+ vs Indie
Ather 450X
Ather 450X
Motor Power6.4 kwRange126 km/charge
₹ 1.50 - 1.80 Lakh
450X EMIGig+ vs 450X
Vida V2
Vida V2
Motor Power3.9 kwRange143 km/charge
₹ 1.20 - 1.31 Lakh
V2 EMIGig+ vs V2
OLA S1 Pro Gen 3
OLA S1 Pro Gen 3
Motor Power5.5 kwRange176 km/charge
₹ 1.23 - 1.75 Lakh
S1 Pro Gen 3 EMIGig+ vs S1 Pro Gen 3
TVS X
TVS X
Motor Power7 kwRange140 km/charge
₹ 2.64 Lakh
X EMIGig+ vs X
BMW CE 04
BMW CE 04
Motor Power31 kwRange130 km/charge
₹ 15.25 Lakh
CE 04 EMIGig+ vs CE 04
Kinetic Green E-Luna
Kinetic Green E-Luna
Motor Power1.2 kwRange90 km/charge
₹ 69,990 - 82,490
E-Luna EMIGig+ vs E-Luna
Ampere Reo
Ampere Reo
Motor Power0.25 kwRange70 km/charge
₹ 59,900
Reo EMIGig+ vs Reo

OLA Gig+ User Reviews

4.0

Overall

RatingRatingRatingRatingEmpty Star

Based on 2 Reviews

4 Rating

Reliable Urban Electric Ride

The OLA Gig+ felt like a reliable urban companion for daily rides. Its 1.5 kW motor gave smooth starts while its 3 kWh (dual 1.5 kWh) swappable battery delivered a claimed 157 km range. The top speed of 45 km/h felt sufficient for city commuting and short trips. The digital console and LED lights added convenience and clarity.
6 Dec 2025|Anupam
4 Rating

Game Changer for My Delivery Route

Upgrading to the Gig+ has been a game-changer for my delivery route. The same swappable 1.5 kWh battery is used, but the motor jumps to 1.5 kW. Additionally, it is giving me a claimed range of 81 km (single battery) and up to 157 km with dual packs. There’s a rear luggage rack plus a front one very handy for my work load.
17 Nov 2025|Ravish Kumar
View All OLA Gig+ ReviewsView All OLA Gig+ Reviewsicon

OLA Gig+ News

View All Gig+ NewsView All Gig+ Newsicon

Trending OLA Electric Scooters

OLA S1 Pro Gen 3
OLA S1 Pro Gen 3
Motor Power5.5 kwRange176 km/charge
₹ 1.23 - 1.75 Lakh
S1 Pro Gen 3 EMI
OLA S1 X
OLA S1 X
Motor Power5.5 kwRange108 km/charge
₹ 80,499 - 1.30 Lakh
S1 X EMI
OLA S1 X Gen 3
OLA S1 X Gen 3
Motor Power5.5 kwRange108 km/charge
₹ 80,499 - 1.20 Lakh
S1 X Gen 3 EMI
View All OLA Electric ScootersView All OLA Electric Scootersicon

Frequently asked questions

Q. How Much Is The EMI For OLA Gig+?

A. The EMI for OLA Gig+ depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

Q. How Much Is The Interest Rate For OLA Gig+?

A. The interest rate for OLA Gig+ depends on the bank and lending institution. Generally, the interest rate ranges between 9.7% per annum to 15% per annum.

Q. What Is The The Ex-Showroom Price Of OLA Gig+?

A. The ex-showroom price of OLA Gig+ in India is ₹ 49999.

Q. What Will Be The EMI For OLA Gig+ At 10000 Down Payment At 12 % For 12 Months?

A. For the down payment of 10000 at an interest rate of 12 % and if loan tenure is 12 months, the monthly EMI would be ₹3,553

Q. How To Calculate Monthly EMI For OLA Gig+?

A. The monthly EMI for OLA Gig+ can be calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. Here, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for OLA Gig+.

Tools and Services