Ola Gig EMI Calculator
Calculate Loan EMI
OLA
Edit
Gig
Down Payment
₹ 0
₹ 29,999
| Months | Principal Amount | Interest | Balance |
|---|---|---|---|
| 6 | ₹35,999 | ₹1,057 | ₹37,056 |
| 12 | ₹35,999 | ₹1,969 | ₹37,968 |
| 24 | ₹35,999 | ₹3,865 | ₹39,864 |
| 36 | ₹35,999 | ₹5,797 | ₹41,796 |
| 48 | ₹35,999 | ₹7,825 | ₹43,824 |
| 60 | ₹35,999 | ₹9,841 | ₹45,840 |
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.
| Bank Name | Banks | Interest |
|---|---|---|
| ICICI |  | 9% p.a. onwards |
| Yes |  | 9% p.a. onwards |
| HDFC |  | 9% p.a. onwards |
Frequently asked questions
A. The EMI for Ola Gig depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.
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.
A. The ex-showroom price of Ola Gig in India is ₹ 39999.
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 ₹2,665
A. The monthly EMI for Ola WGig 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.
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