make money with your car ola cabs

City life with its ever increasing traffic and hectic lifestyle, has a constant impact on its dwellers who refrain from driving themselves. Thereby, Cab business has become popular business for many, especially for people in large cities like Delhi, Mumbai, Kolkata, Bangalore, Hyderabad and many other fast growing cities. This is one best way to make some money with your car. Among various cab companies in the country, OLA cabs had hit the market in 2010 and have a current footprint in 75 cities and towns to serve people who wish to rely on cab for traveling within city, outside city and now offering hourly packages within and inter -city. With affordable tariff and charges OLA cabs fulfill the need of passenger who wishes to travel with great comfort and safety. It headquartered in Mumbai and branch offices at Bangalore and Delhi.

OLA cabs give you the power to book a cab effortlessly. You can use app which is available for all mobile users(for Android,iPhone users and other OS). With help of the app it is easy to book OLA cabs at anytime. You can even use web browser and book a cab. OLA cabs redefined car booking process. It offers both cash and cashless payment.

OLA cabs provide different types of cabs. Below are the types of cabs they offer:-

Micro, Mini, Prime, Luxury, Auto Rickshaw, Shuttle, even E rickshaw are the kinds of cabs provided by OLA cabs. There are more economical options such as car pooling, hourly rentals and outstation options are available only a click on the App/Browser.

Business Opportunity – Attaching Your Car With Ola Cabs

You can join Ola cabs as a car owner by attaching your car with them. Also, you have to hire your own driver and you have to bear the cost of fuel and other expenses if required. A trend of car owners, driving these cabs themselves is a latest emerging trend. Driver cum owner is very profitable business opportunity with Olacabs.

Documents Required For New Cab Attachement In Ola Cabs

The documents required for registration are as follows

  • PAN card
  • Your bank account details
  • Registration certificate (RC commercial)
  • Driving license (commercial badge)
  • Other car documents such as insurance paper, permit, etc

Registering your car with them is very simple and they have a separate team for this. If you want to attach new car to Ola cabs then you have to register your new car as commercial vehicle. Please note that tax scheme for commercial vehicle is different from private vehicle. Also, commercial driving license is important and without this you cannot attach your car with Ola, if you do not have commercial license then apply for the same before buying a new car for attachment. If you are going to hire a driver then check his commercial license and validity.

Its Raining Money For Cab Drivers

I had a conversation with Olacabs driver in Bangalore and I came to know that they are making avarage 80,000 INR per month. Olacabs is paying very good incentives to drivers in Bangalore, you will find the incentives details below. By attaching your car to OLA cabs you can definetely make good amount of money. This is ongoing trend among different classes of people in the society who wish to make money from their cars. All you need to do is call the OLA cabs customer care and they will give you all details or visit their office for more information. Its becoming even simpler & you can apply Onine as well. You must be aware of the fact that different cab types have different charges. You should understand all terms and conditions before you can attach car to OLA cabs.

Also, their bonus and incentives scheme differs from city to city. For example, below are the incentives given to car owner in Bangalore

Ola Cabs Incentive Scheme For Bangalore City (UPDATED SEPTEMBER 2016)

 

Please take note that this Incentive amount changes on frequent basis. Contact Olacabs in your city for latest updated information.  

Peak Hour Timing :(12 am to 2 am and 2 pm to 12 pm are considered as peak hours)

  • Get Rs 1700 as bonus for 5 bookings in peak hours.
  • Get Rs 2400 as bonus for 7 bookings in peak hours.
  • Get Rs 2900 as bonus for 10 bookings in one day.
  • Get Rs 3900 as bonus for 13 bookings in one day
  • Get Rs 4900 as bonus for 16 booking in one day.
  • Get Rs 6400 as bonus for 18 or more bookings in one day.
  • Get Rs 500 extra for airport drop

Note:- The bonus data given above may not be correct or have changed. You are requested to contact Ola customer care for current bonus perks.

They pay good amount of money on the rides and they take 20-25% of commission per ride when you attach your cab to OLA. You can avail multiple advantages by attaching your car to OLA cabs. You will be also given GPS enabled mobile phone with internet access which will notify you of next pickup location. Also, GPS will help you drive through various unknown locations in the city. This GPS enable mobile phone helps you find any address in short period of time with short route suggestions. You will be prompt with instant notification when your car has been booked by a passenger.

So, as a Cab Owner, make the most of this technological evolution as the demand of Ola Cabs increases. You can earn extra amount on the controversial “Surge Pricing” during Peak Hours, as the Traveller/ Consumer pays more & the same is shared between cab owner & the Ola Company in standard denomination.

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32 COMMENTS

    • recently they have launched OLAcabs in Ranchi and i contacted them for the same. They said that now they are not attaching Sedan cars for which they were paying 45000/- — They are currently attaching mini cabs and paying RS 38000 per month. We have to provide them with cars, driver, diesel, parking, all thing and at the end they will pay 38000 only. Also, you have to work for 14 hours everyday. This is good for drivers with their own car and not for us who want to hire a driver.

      I am waiting for Ubercabs to arrive here

        • Hi Niru,

          Thanks for dropping by.. there is no limitation in term of kilometer, you can drive as much as you want and it depends on number of rides you get each day. Uber will give you a mobile phone in which you will get notification of new ride with pickup location(nearest to your location), they will assign you with new ride if you device is turned on. If you dont want to take new ride then switch of your device. Hope it helps!

          Thanks

  1. Please stay us informed with upcoming attractive incentives. Also please compare OLA with UBER
    I have heard from my Bangalore frind that Uber is far better than Ola

      • Follow the steps-
        1 Buy a new / used car.
        2 Get a commercial license.
        3 Arrange a driver if you don’t know driving.
        4 Collect all relevant documents like driving license ,ID proof
        5 Open a current A/c.
        6 Register a firm.
        7 Apply for service tax and income tax registration.
        8 Contact Ola to know about their regional office on 3355335 if the STD code of your city is a 4 digit number or 33553355 if the STD is a 3 digit number.
        9 Ola may call your car for inspection.
        10 They will provide with Apps and guidelines.
        I hope this will be helpful.

  2. Dear Team,

    Greetings!

    I am Rahul Jadhav a resident of Indore city,want to attach my Indigo Ecs-Diesel variant (2012) with Ola cab.

    Kindly let me know the procedure for the same.

    Anticipating positive response from you.

    Thanks & Regards!

  3. I am praveen kumar hail from trichy.I would like to attach my car with your concern. May i know what is the procedure and the beneficiary around the thing?

  4. i want to attached my new car indigo ecs sedan in ola.
    so how can i attached my car in ola. U can contact me at my contact no is 8565077253.

  5. Hi Rajkishor,

    I am from Bangalore and I have contacted so many Uber drivers and they say that Uber is best because they pay high bonus/incentives. For example in peak hours evening 5 – 11 Uber cabs pays 250 rs extra per ride. No matter how long or short is the ride you will get 250rs.

    Uber cabs also have bonuses on total ride complete on weekly basis, total ride completed on monthly basis etc. Ola cab was good last year, during november december 2014, I spoke to many drivers and they said that they are making good money per month (more than 1.5lakh pm). I said how? they said that they are getting 4000 rs bonus per day if they complete 12 rides..

    But now Ola has removed all the good bonus schemes. Olacabs paying 150rs in peak hour while Uber is paying 250rs per ride.

    I will suggest you to go with uber cabs with new Toyota Etios Car

  6. Hello,

    I want to attached my car with OLA or UBER what’s the procedure & one more thing is providing car with a driver is compulsory or we can just provide a car with all documents & commercial number. Like – Can we provide our car to UBER or OLA for rent?

    • Hi Neha,

      You have to provide your own driver and this is major challenge in big cities. If you are from small town then you can hire a driver for 15000/- pm but in cities like Bangalore, Delhi, etc it is difficult to find a loyal and hard working driver. You have to bear the cost of fuel, driver, car maintenance, insurance, etc.

      Thanks

  7. Dear Admin,
    I am thinking to buy a new Indica car from you by doing a small down payment of 30000/- and the remaining to be paid by Loan by your OLA company.. Sir is that plan available in your OLA cab company in Bangalore??

    Sir, from each car how much can I Earn??

    Sir, don’t you pay for Fixed FUEL charges daily??

    Sir, can I open an OLA Cab booking Office in my Area, Bangalore City??

    Sir, how much do you pay daily / monthly if I open an OLA CAB Office in my Area??

    Please do reply me back with details immediately.

    Thanking You,

    Regards,
    Yaseer.
    Mobile: 9886163199

    • Hi Yaseer,

      First of all I want to make it clear that this website http://www.expert-market.com is not affiliated with Ola or Uber cabs by any means. We only provide information here to help people to start their business.
      –You can earn up to 1 lakh + per month and it depends on how much you drive. In general you will make something around 40k to 75k per month if you drive 12 hours a day. For further details please contact Ola customer care.
      — You have to bear the cost of fuel and other maintainenance
      — No – You cannot open your Ola cab booking office. They will provide you a mobile phone in which you will get notification of new customer

      For further information please contact Ola cab office in your city. I suggest you to visit their office and understand all terms and condition. They will help you in getting a new car.

      Thanks You

  8. Hi Rajkishor,

    I am from Bangalore and I have contacted so many Uber drivers and they say that Uber is best because they pay high bonus/incentives. For example in peak hours evening 5 – 11 Uber cabs pays 250 rs extra per ride. No matter how long or short is the ride you will get 250rs.

    Uber cabs also have bonuses on total ride complete on weekly basis, total ride completed on monthly basis etc. Ola cab was good last year, during november december 2014, I spoke to many drivers and they said that they are making good money per month (more than 1.5lakh pm). I said how? they said that they are getting 4000 rs bonus per day if they complete 12 rides..

    But now Ola has removed all the good bonus schemes. Olacabs paying 150rs in peak hour while Uber is paying 250rs per ride.

    I will suggest you to go with uber cabs with new Toyota Etios Car
    thanx for ola

  9. Hello
    myself saif
    i am planning to hire a driver & start work with ola cabs
    just few things want to clarify
    if i attached used cars then what would be the payouts structure
    if i go with new cars what would be the payout structure
    what are regristration charges including sim and all

  10. Hi.. I’m Sandip from Oodlabari, Jalpaiguri district, West Bengal.. Our’s is a tourist place in North Bengal & close to Siliguri which is a business hub.. We are surrounded by hills & forest like Darjeeling, Entire Sikkim, Gorumara reserve forest, Jaldapara reserve forest, etc.. We are even closer to Bhutan & a corridor for the north east.. I’m looking forward to get into franchise business for this zone.. I’m already into tours & travel business.. If Ola/Uber admin/authorized person can mail me the formalities & revenue in detail then I would like to start the business soon.. Anticipating a positive & prompt response from your end..
    Regards
    Sandip..

  11. today i cant eran more profit bcoz ola directaly change the incentive plan and i got low profit margin . these is not good for ola partner . they increase booking and give low incentive. if i compare with uber then they provide good incentive to uber partner. pleasse do somthing

  12. Who so ever wanted to attach their car in Ola, my suggestion is DON’T ATTACH. They will manipulate your driver and driver will be attaching their own car and you have to find your new driver. I have already attached my car and I am facing the same issue. I am not the only person who s facing this issue.
    At the end of the day Ola will be having new cars and you would be the looser any way. There is nothing to loose by Ola but you have. Also there is lots of tension and income is very low ans incentives also.
    You will be earning on an average 100-150 per day after deducting all the expenses. The chances of accidents are very high because of driver’s recklessness.

  13. Dear All,
    If anyone willing to buy a car for ola / Uber purpose, please please don’t even think that you are going to earn anything from these companies. I am the latest sufferer and you can’t believe the I have purchased​ the car in November and till date I have given the installment from my pocket. They all are give you lucrative scheme for initial 15 days of attachment and after that you will hold your head by seeing their tricky incentive scheme, which you can never achieve it . The very important point that they ola charge 25% commission on each ride and you will be surprised that while calculating the mbg they will again deduct 20% on the same amount on which they have already deducted 25% commission already. Therefore, they will deduct total 45% from your hard earned money. If any one driving with ola they must carefully examine this fact and if not able to understand please write to me . You are just earning for them and their schemes are so tricky if you don’t examine it carefully you will be lost.so don’t even think to buy a car for specially ola .

  14. Never buy a cab for Ola Uber purpose and don’t go for their ola or Uber fleet cabs . They are looting the drivers by charging more than 50% commission by different tricky way. Even you won’t be able to pay EMI.

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