Customers who have made a reservation for a scooter can turn it into a purchase by paying the balance amount.
Ola electric scooters went up for sale on Wednesday, a week after the company had to postpone the sale owing to technical issues in getting the company’s official website up and running. Ola clients who have reserved a scooter may now complete the transaction by paying the balance and selecting a vehicle colour and variant.
The company claims to have sold 600 crores worth of scooters in only one day. In just 24 hours, Ola claims to have sold four scooters per second. According to Ola CEO Bhavish Aggarwal, this is comparable to the whole Two-wheeler segment’s sales in terms of value.
The Ola S1 electric scooter was released last month in two variants: S1 and S1 Pro, with prices starting at 99,999 and 1,29,999, accordingly (ex-showroom). Some states are also offering FAME II subsidies.
Ola Electric Scooter: Guide to book your scooter
Step 1 – If you haven’t yet registered the scooter, you can pay a one-time fee of $499 to reserve it. For this, you go on olaelectric.com and book the scooter.
Step 2 – If you have already paid the pre-booking fee, you may use your phone number to log into the Ola app and select the variant you wish to buy.
Step 3 – After you’ve decided on the model you want to buy, you can choose from ten different color options. Ola also gives you the option to change your color preferences here. You can also change the color selected at the time of your booking here.
Step 4 – Then there’s the payment tab. You will now be required to pay your outstanding amount, which may vary depending on the variant you choose.
Step 5 – You may pay in advance of 20,000 for your Ola S1 / Ola S1 Pro and the remaining balance before it is sent. The advance and down payment is fully refundable, but only until the unit leaves the company’s factory.
Step 6 – The equivalent monthly installments (EMIs) for S1 scooters will begin at Rs. 2,999 per month for those who want to take scooters on finance. The EMIs for the upgraded version of the electric scooter, the Ola S1 Pro, would start at Rs. 3199.
Step 7 – Ola Financial Services has partnered with prominent institutions like AXIS Bank, IDFC First Bank, HDFC, TATA Capital, AU small finance bank, and many more to help you finance your Ola scooter.
Step 8 – Once the purchase requirements are completed, a delivery date will be offered. Deliveries will begin in October 2021.
Step 9 – Your scooter will be delivered right to your front door. Within 72 hours after purchasing, you will be advised of anticipated preliminary delivery dates.
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