OLA S1 Z EMI Calculator

OLA S1 Z EMI starts at ₹4,442 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹49,999. If you are Looking for a OLA S1 Z 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 S1 Z. You just have to enter the down payment, preferred interest rate and the time period for the loan of OLA S1 Z. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for OLA S1 Z after reducing the down payment amount.

Calculate Loan EMI

OLA S1 Z

OLA

EditEdit

S1 Z

₹1,148EMI For 5 years
Loan amount : ₹53,999

Down Payment

₹ 0

₹ 44,999

Tenure

6 months

5 year

60 Months

Interest

8%

20%

MonthsPrincipal AmtInterestBalance
6₹53,999₹1,591₹55,590
12₹53,999₹2,977₹56,976
24₹53,999₹5,809₹59,808
36₹53,999₹8,749₹62,748
48₹53,999₹11,761₹65,760
60₹53,999₹14,881₹68,880

 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.


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OLA S1 Z User Reviews

4.0

Overall

RatingRatingRatingRatingEmpty Star

Based on 3 Reviews

4 Rating

Affordable Daily Electric Ride

The OLA S1 Z feels handy and affordable for everyday city rides. Its 3 kWh swappable battery gives up to about 146 km on a full charge. The scooter’s 3 kW hub motor delivers smooth acceleration and a top speed of around 70 km/h good enough for urban traffic.
6 Dec 2025|Niharika
4 Rating

Comfortable for Longer Riders.

For budget commuting, the S1 Z is surprisingly capable. It comes with a 2.9 kW hub motor, & have a top speed of 70 km/h. In addition, it claims up to 146 km of range with dual 1.5 kWh swappable batteries. The LCD instrument console is basic but functional, as it shows low battery indication in it for a hassle free ride. The seat type available in S1 Z is single which is quite comfortable for longer riders.
17 Nov 2025|Nikhat
4 Rating

Perfect Electric Scooter

Ola S1Z is one of the best electric scooters ever, it has portable space so you can easily charge your battery anywhere. Also it can be easily controlled by Ola Electric app.
22 May 2025|Priyanka Kumari
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OLA S1 Z News

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Frequently asked questions

Q. How Much Is The EMI For OLA S1 Z?

A. The EMI for OLA S1 Z 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 S1 Z?

A. The interest rate for OLA S1 Z 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 S1 Z?

A. The ex-showroom price of OLA S1 Z in India is ₹ 59999.

Q. What Will Be The EMI For OLA S1 Z 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 ₹4,442

Q. How To Calculate Monthly EMI For OLA S1 Z?

A. The monthly EMI for OLA S1 Z 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 S1 Z.

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