Ola S1 X 2
Ola S1 X 2

In recent times, the trend of financing electric scooters is gaining momentum. Often, in situations where some people have a limited budget, they choose to pay a down payment of a few thousand rupees and bring home their desired scooter, paying the remaining amount in easy installments.

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For those interested in financing the most affordable model of electric scooters, the Ola S1 X, which is currently one of the best-selling electric scooters in India, various details such as the down payment, loan options, interest rates, loan duration, and total interest will be provided.

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The Ola S1 X 2 kilowatt variant, the most affordable electric scooter by Ola, is priced at INR 89,999 in showroom and INR 94,878 on-road. This scooter offers an excellent range of up to 95 kilometers on a single charge, with a top speed of 85 kilometers per hour.

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In terms of financing, if you choose to finance this variant with a down payment of INR 20,000, you would need to take a loan of INR 74,878. If you opt for a 9% interest rate for a period of 3 years, you would need to pay a monthly installment of INR 2,381 for the next 36 months. Additionally, there will be an approximate interest of INR 11,000 on this scooter.

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With the increasing popularity of electric scooters in India, the option of financing makes it easier for more people to afford these eco-friendly modes of transportation. As the market for electric vehicles continues to grow, the financing options for electric scooters like the Ola S1 X are becoming more accessible to a wider audience.

Ola S1 X 2
Ola S1 X 2

Summery:

– Electric scooter financing is becoming popular, with many people opting for down payments and installment plans.
– Ola S1 X2, the cheapest model from Ola, is currently in demand for financing in India.
– The price of Ola S1 X2 is Rs. 89,999 in the showroom, with an on-road price of Rs. 94,878.
– It has a range of 95 kilometers and a top speed of 85 kilometers per hour.
– With a down payment of Rs. 20,000, the remaining amount to be financed is Rs. 74,878, which can be paid in monthly installments over 3 years at 9% interest.

Sonu Roy is originally a resident of Samastipur district of Bihar, has been working as a writer in digital journalism for the last 4 years. In his career of 4 years, he has good experience from politics, automobile, motivation, sports to technology field.