Hello Readers,
This an information article that the riders might not be aware of. We will let you know insight of the Ola fare. In Ola the fare is not as straight forward as that of Uber. So lets get started.
We will explain by taking an example Ride that my driver took :
Total KM : 19.7 KM
Ride time : 42 mins.
As it was a mini ride which charges Rs. 10 per km,
for 19.7 KM amount to be : 19.7 X 10 = Rs. 197
Time taken for the trip : Rs. 42
Base fare of Ola mini : Rs. 40
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Actual Total fare : Rs. 279
On this actual fare a rider pays ~ 6% tax
What are the tax that a rider pays extra : 4.735 % Service tax + 1 % TDS = 5.735 % Tax
So for tax rider will pay : 279 X (4.735 % Service tax + 1 % TDS) = Rs. 16
So what is the gross fare the Ola rider pays : 279 + 16 = Rs. 295
Now lets see how much an uber would have charged him?
Lets say uber has a ride which charges Rs. 10 per km.
for 19.7 KM amount to be : 19.7 X 10 = Rs. 197
Time taken for the trip : Rs. 42
Base fare of Uber Go : Rs. 35
------------------------------------------------------------
Actual Total fare : Rs. 274
That's it ! Yeah every thing is included in there, in the total fare.
So travelling for same distance when you pay 295 with Ola, you pay 274 with Uber.
Now we got it !
This an information article that the riders might not be aware of. We will let you know insight of the Ola fare. In Ola the fare is not as straight forward as that of Uber. So lets get started.
 |
| Fare war | Uber vs Ola |
We will explain by taking an example Ride that my driver took :
Total KM : 19.7 KM
Ride time : 42 mins.
As it was a mini ride which charges Rs. 10 per km,
for 19.7 KM amount to be : 19.7 X 10 = Rs. 197
Time taken for the trip : Rs. 42
Base fare of Ola mini : Rs. 40
-----------------------------------------------------------------
Actual Total fare : Rs. 279
On this actual fare a rider pays ~ 6% tax
What are the tax that a rider pays extra : 4.735 % Service tax + 1 % TDS = 5.735 % Tax
So for tax rider will pay : 279 X (4.735 % Service tax + 1 % TDS) = Rs. 16
So what is the gross fare the Ola rider pays : 279 + 16 = Rs. 295
 |
| Splitting the Ola Fare |
Now lets see how much an uber would have charged him?
Lets say uber has a ride which charges Rs. 10 per km.
for 19.7 KM amount to be : 19.7 X 10 = Rs. 197
Time taken for the trip : Rs. 42
Base fare of Uber Go : Rs. 35
------------------------------------------------------------
Actual Total fare : Rs. 274
That's it ! Yeah every thing is included in there, in the total fare.
So travelling for same distance when you pay 295 with Ola, you pay 274 with Uber.
Now we got it !
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