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Ola announces limited-time offer, benefits up to ₹15000: All you need to know

Ola Electric Rush, scheduled from the 20th to the 26th of June, provides flat ₹5000 off on the Ola S1X+. The company has also unveiled an additional exchange bonus that provides users an additional exchange value of up to ₹5000
Prashant ShaPrashant Sha20-Jun-24 2:55 PM
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Ola announces limited-time offer, benefits up to ₹15000: All you need to know

In a new marketing move,

Ola Electric

, on Thursday, announced a limited-time one-week offer worth ₹15000 on Ola S1 X+


Ola Electric Rush, scheduled from the 20th to the 26th of June, provides flat ₹5000 off on the Ola S1X+. The company has also unveiled an additional exchange bonus that provides users an option to exchange their old petrol scooter with an additional value of upto ₹5000 while purchasing the S1X+ vehicle. 


The company provides a maximum exchange value of ₹40,000 on a user’s old petrol scooter. It is to be noted that the announced exchange bonus will be an additional bonus on this defined exchange value. However, this additional bonus amount will be decided based on the exchange value, i.e. upto 20% of the exchange value offered or ₹5,000, whichever is lower.


The Ola Electric Rush also provides riders a benefit worth ₹5000 on selected credit cards. Users can enjoy 5% off upto ₹5,000 on credit card EMI with Yes Bank, OneCard, IDFC and Federal Bank. However, the offer is valid only for EMIs made for 9 months and above tenure and on a minimum transaction of ₹40,000.


The company in its initial announcements has also offered ₹2,999 worth of Ola Care+ for free on the purchase of

Ola S1 Air

and S1 Pro. Moreover, the company became the first Indian EV brand to provide a warranty of upto 8 years on its battery


In the month of May, the

OLA ELECTRIC

was able to hold 48% of the market share in the Indian EV industry which seems to be declining consistently due to increasing competition. The recent update may regain the lost share of the company.

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