Ola Registration

Ola Registration

Ola Registration

The Indian populous is heavily reliant on app-based cab services, which has triggered widespread response amidst the exorbitant charges imposed on the common man by the traditional model of cab and auto services. Ola was introduced in 2011 by Bhavish Aggarwal and Ankit Bhati, and has quickly transformed into one of the world’s leading ride-sharing companies. Ola promotes itself as a company that specializes in integrating city transportation for customers and driver-partners onto a mobile technology platform ensuring convenient, transparent, and quick service fulfilment. In this article, we look at the process for completing Ola registration in detail.

Working with Ola

Ola provides employment opportunities to passionate drivers. It caters to its workforce by granting them with the following benefits:

  • Low commission and higher earnings.
  • Daily payments.
  • Facility of customer bookings from any location.
  • SOS for the safety of the driver.
  • Round-the-clock assistance.
  • Liberal choice of working hours.
  • Detailed report of earnings.
  • Employment opportunities in almost all Indian cities (rural areas to be covered shortly).
  • Trusted by lakhs of partners.
  • Two paid holidays every month.

Ola facilitates specific benefits based on the various modes of employment options, which are separately covered.

Documents Required

  • Valid commercial driver’s license (Yellow Badge).
  • PAN Card.
  • Aadhar Card.
  • Current and Permanent Proof of Address.
  • Four references along with their respective addresses and phone numbers.
  • Bank details, which could in the form of a Passbook or Cancelled Cheque leaf.

Attaching a Car with Ola

With Ola, a cab driver is vested with the options of attaching one’s own car, leasing a favorite one or attaching a fleet/rickshaw/bike. We’ll guide you with the procedures and requirements for each of them.

The first option facilitates the driver to utilize his/her car for the services. Candidates in possession of cars may approach the offices of Ola, which are located in various cities. The registration process in this respect would comprise of the verification of documents, audit of driver and car, driver training process, contract signing and distribution of devices. The registration would be conducted without imposing any charges on the applicant.

The employed driver would be remunerated for the services on a daily basis or within two working days (in case of customer payments through Ola money or other regulations). The earnings could be viewed on the partner app or through the website of Ola.

Ola operates with referral schemes that benefit the employee and the customer for recommending the cab service to others, the details of which are updated on the website from time-to-time.

Vehicle Proof

Other than the documents specified above, the applicant proposing to attach his/her car must produce the following proofs of vehicle:

  • Vehicle RC (Registration Certificate)
  • Vehicle Permit
  • Vehicle insurance

Lease a Car

The interested applicant may also choose to get a car on lease from Ola. The option provides him/her with a range of benefits such as:

  • Zero-risk on the leased car.
  • The option of driving a car of one’s choice.
  • Zero maintenance cost.
  • Free accidental insurance of Rs. 2 lakhs.

The candidate wishing to lease a car must submit the required documents to the offices of Ola, and remit the verification fee and security deposit. The car would be delivered on lease after the verification process. The fee to be paid includes Rs. 4000 as non-refundable charge and Rs. 21,000-Rs.31,000 as refundable security deposit (varies according to the type of car chosen).

Ola would automatically deduct the daily rental amount from the total earnings and deposit the same through NEFT or cash. The user would be required to pay a daily rent of INR 700-1150, which is determined based on the city of service and car model so leased.

Car maintenance and repairs can be pursued by scheduling an appointment through the ‘Ola partner mobile app.’ Employees can either choose to renew the lease or reclaim the security deposit remitted.

It may be noted that the charges for scheduled maintenance would be met by the company; while challan payments, damage to the vehicle due to improper maintenance, etc., wouldn’t be covered.

Operate your Fleet on Ola

The Oxford English Dictionary defines a fleet as “A number of vehicles or aircraft operating together or under the same ownership.” Ola facilitates partnership with fleet operators by attaching multiple cars owned by a person or his/her company. Ola’s fleet facility benefits an operator in the following manner:

  • Live tracking of all drivers and cars.
  • Facility to check the fleet’s performance.
  • Monitor driver login and other details of the trip.
  • Intimation of payments, log out, etc.
  • Round-the-clock telephonic support.

Ola hasn’t specified any limitation on the number of cars to be attached to the fleet. The company would assist the fleet owners in scouting for driver partners and provides them with an attachment training program. Payments are directly remitted to the operator’s account, who must take the initiative of distributing it among drivers.

Ola Rickshaw/Ola Bike

Ola rickshaw and Ola bikes provide the customer with a cheaper form of service. Candidates interested in partnering Ola for these  services may submit an enquiry through the official Ola website by entering his/her basic details and that of the vehicle.

Ola Play

Ola Play is the world’s first connected car platform for ride-sharing. The innovation is set to transform the experience of commuting by not only facilitating the customer with a rich experience, but by allowing the creation of high quality and productive experience utilizing the services of technological giants like Microsoft, Apple Music, Sonic Liv, and a host of others. These services provide the commuters with a digital experience while commuting by offering them content that is both relevant and contextual, the likes of which the world hasn’t experienced before. Ola Play has been initiated considering the number of hours spent by an average traveler while commuting to and fro their workplaces.

Rural Expansion

Ola has planned to expand its portfolio to the rural areas of the country to cater to the people residing in these areas. Such a measure is expected to further revolutionize the taxi segment of the country, as well as boost employment opportunities of the residents located in such areas.

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Post by Sreeram Viswanath

IndiaFilings is India's largest online compliance services platform dedicated to helping people start and grow their business, at an affordable cost. We were started in 2014 with the mission of making it easier for Entrepreneurs to start their business. We have since helped start and operate tens of thousands of businesses by offering a range of business services. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.