Ola S1 Air : In a major boost for electric vehicle adoption in India, Ola Electric has announced an incredibly attractive financing option for its popular S1 Air scooter. With EMIs starting at just ₹2,540, owning a stylish and eco-friendly two-wheeler has become more accessible than ever before. This new plan is set to make electric mobility a reality for a much wider audience, promising affordability, efficiency, and sustainability.
Key Highlights of the Ola S1 Air EMI Offer
- EMI starts from just ₹2,540 per month
- Flexible tenure options for easy repayments
- Zero down payment schemes available for select customers
- Attractive interest rates with leading financial partners
- Enhanced warranty and service support
- Immediate delivery options across multiple cities
- Additional exchange bonuses on old petrol two-wheelers
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Ola S1 Air : An Overview of Features and Performance
Ola S1 Air is known for offering a perfect balance of affordability, performance, and style. Here’s what makes it stand out:
- 3 kWh lithium-ion battery pack
- Certified range of 151 km on a single charge
- Top speed of 90 km/h
- 0-40 km/h acceleration in just 3.3 seconds
- Three riding modes – Eco, Normal, and Sports
- Spacious boot capacity of 34 liters
- Connected features like navigation, Bluetooth calling, and ride analytics
- Lightweight design for easy handling
Detailed Pricing and EMI Breakdown
Here’s a look at how the Ola S1 Air EMI plan is structured:
| Loan Amount (₹) | EMI per Month (₹) | Tenure (Months) | Interest Rate (%) | Processing Fee | Down Payment (₹) | Total Payable (₹) |
|---|---|---|---|---|---|---|
| 79,999 | 2,540 | 36 | 9.5 | ₹999 | ₹0 | ₹91,440 |
| 79,999 | 3,475 | 24 | 9.5 | ₹999 | ₹0 | ₹83,400 |
| 79,999 | 5,050 | 18 | 8.5 | ₹999 | ₹0 | ₹91,800 |
| 79,999 | 7,700 | 12 | 7.5 | ₹999 | ₹0 | ₹92,400 |
| 79,999 | 9,550 | 9 | 7.0 | ₹999 | ₹0 | ₹85,950 |
| 79,999 | 13,600 | 6 | 6.5 | ₹999 | ₹0 | ₹81,600 |
| 79,999 | 27,300 | 3 | 6.0 | ₹999 | ₹0 | ₹81,900 |
Why the Ola S1 Air is a Game-Changer for Indian EV Market
The launch of the Ola S1 Air at such affordable EMIs is a strategic move that addresses major barriers to EV adoption:
- Low Cost of Ownership: Significantly reduced running and maintenance costs compared to petrol scooters.
- Environmental Impact: Zero tailpipe emissions contribute to a cleaner environment.
- Government Incentives: Additional subsidies under the FAME II scheme and state-level EV policies.
- Easy Financing: Ola’s partnerships with major banks and NBFCs make it easy to get approval without heavy documentation.
- Technological Edge: Smart features like cruise control, remote unlock, and over-the-air updates keep the scooter future-ready.
Comparison : Ola S1 Air vs Other Electric Scooters
Here’s how the Ola S1 Air stacks up against some of its closest competitors:
| Feature | Ola S1 Air | Ather 450S | TVS iQube | Bajaj Chetak |
|---|---|---|---|---|
| Price (Ex-showroom) | ₹79,999 | ₹1,29,999 | ₹1,15,000 | ₹1,23,000 |
| Range (Certified) | 151 km | 115 km | 100 km | 108 km |
| Top Speed | 90 km/h | 90 km/h | 78 km/h | 70 km/h |
| Charging Time | 4.5 hours | 5 hours | 5 hours | 5 hours |
| Boot Space | 34 liters | 22 liters | 17 liters | 18 liters |
| Connected Features | Yes | Yes | Yes | Limited |
Easy Booking and Delivery Process
Booking an Ola S1 Air has been made incredibly easy and hassle-free. Here’s a simple guide:
- Visit the official Ola Electric website or Ola Experience Centers.
- Choose your preferred color and configuration.
- Opt for the EMI plan during checkout.
- Submit KYC documents online or offline.
- Make the booking payment (refundable in case of cancellation).
- Schedule a home delivery or pick up from the nearest center.
Delivery timelines are usually within 7-14 days, depending on location and availability.
Important Points to Remember Before Booking
- Ensure your credit score is above 650 for best EMI approvals.
- Compare multiple loan options to get the lowest interest rates.
- Check eligibility for state-level EV subsidies to save even more.
- Review the full warranty terms (3 years battery and motor warranty standard).
- Test ride the vehicle if available to experience comfort and handling.
Ola S1 Air’s new EMI offer of just ₹2,540 per month is a bold and strategic step towards accelerating India’s transition to electric mobility. With competitive pricing, advanced features, and easy financing options, the S1 Air is poised to become a favorite among budget-conscious and environmentally-aware commuters. Whether you are looking for your first electric scooter or an upgrade from a petrol vehicle, this could be the perfect time to make the switch to a cleaner, smarter future.
