*Registration and Miscellaneous charges includes Road Tax, New Registration Fee, Hypothecation Fee, Smart Card Fee, Postal Charges, Temp Registration and User Charges.
**The above mentioned charges are subject to change as per Gov of India tax rules.
1. By filling this finance form (“Finance Form”) on any of MG Motor India’s (hereinafter referred as “MG”) websites (“Site”),, you hereby authorise MG to obtain and share all details related to you to third parties, including service providers, financial institutions, credit bureaus, telecommunication companies, statutory bodies, etc. for availing the products and/or services of MG & MG’s finance partners.
2. By filling the Finance Form:
- You confirm that all the particulars and information provided by you in this application are true, correct, complete and up-to-date in all respects.
- You agree and authorise MG & MG’s finance partners to contact you and communicate with you over emails, telephonic calls or SMS on the mobile number mentioned in the application, or through any other modes of communication mode (herein after refer as “Communication Mode”) to verify the details provided by you in this application or to process this application.
- You confirm that you would like to know via Communication Mode, offers and promotion schemes relating to various products/services offered by MG & MG’s finance partners, from time to time.
- You further agree and confirm that laws in relation to the unsolicited communication referred in the Do Not Call/ Do Not Disturb Registry (the DNC/ DND Registry) as laid down by the Telecom Regulatory Authority of India will not be applicable for such communication/calls/ SMS received from MG & MG’s finance partners.
- You authorize MG & MG’s finance partners to exchange and share all information and details, document uploaded, related to you with third parties, including service providers, financial institutions, credit bureaus, telecommunication companies, statutory bodies, etc., for customer verification, personalization of products or services, credit rating, data enrichment, marketing or promotion of services, relating to MG & MG’s finance partners’partners’s. products or that of their associates and affiliates or for enforcement of your obligations and agree that MG & MG’s finance partners are not liable for using/sharing of the information as stated above.
- You understand and agree that pursuant to this application, you will be required to submit documents to the satisfaction of MG’s finance partners and will have to accept the loan terms and conditions as prescribed by MG’s finance partners in relation to products and/or service applied by you.
- You understand and acknowledge that MG’s finance partners shall have the absolute discretion, without assigning any reason, to reject your application and that MG & MG’s finance partners shall not be responsible/liable in any manner whatsoever for such rejection.
- You understand and acknowledge that even if MG’s finance partners have approved your application online, they shall have the absolute discretion, without assigning any reason, to reserve the right to reject your application offline and that MG & MG’s finance partners shall not be responsible/liable in any manner whatsoever for such rejection.
- You understand and acknowledge that even if MG’s finance partners have rejected your application online, they shall have the absolute discretion, without assigning any reason, to approve your application offline and that MG & MG’s finance partners shall not be responsible/liable in any manner whatsoever.
- You understand and acknowledge that your online approved loan amount can be changed offline. MG’s finance partners shall have the absolute discretion, without assigning any reason, to reserve the right to change the eligible loan amount and that MG & MG’s finance partners shall not be responsible/liable in any manner whatsoever for such change in eligible loan amount.
- You understand and acknowledge that if there is any impact on your credit rating due to the use of our finance tool, MG & MG’s finance partners shall not be responsible/liable in any manner whatsoever for such an impact on the credit score.
- You confirm that all the particulars filled in the Finance Formapplication form by you are true, correct, complete and up to date in all respects and you are not hiding any material information.
- You confirm that all documents uploaded in the Finance Formapplication form by you are true, correct, complete and up to date in all respects and you are not hiding any material information.
- You understand and acknowledge that all documents uploaded by you will be shared with MG’s finance partners.
- You agree that funding amount and tenure will vary from vehicle to vehicle.
- You agree that funding amount is subject to the LTV of the vehicle the customer/borrower chooses.
- You have agreed/consented that MG & MG’s finance partners have the right to retain all the information pertaining to you including the photographs and documents submitted by you with the Loan application and will not return the same to you.
- You understand that this finance tool is provided on best effort basis and endeavours to give you an accurate eligibility decision and/or pre-approval amount and/or sanctioned amount. However, MG & MG’s finance partners will not be liable for such any inaccuracy in the eligibility decision and/or the pre-approved amounts and/or the sanctioned amount.
- You understand that this finance tool is provided on best effort basis and endeavours to give you an accurate equated monthly instalment (EMI). However, MG & MG’s finance partners will not be liable for such any inaccuracy in the EMI amount.
- You understand that this finance tool is provided on best effort basis and endeavours to give you the best possible offer/EMI and there is a possibility of channel partners/brokers/dealers/bank/agents giving you a better offer.
By using this Site you agree that you will defend, indemnify and hold harmless MG and its finance partners, subsidiaries and affiliates and their respective distributors, dealers, dealer associations and advertising and promotions agencies, together with their respective employees, agents, directors, officers and shareholders, from and against all the liabilities, claims, damages and expenses (including reasonable attorneys' fees and costs) arising out of your use of this Site, your breach or alleged breach of these terms and conditions, and/or your breach or alleged violation of the patent, copyright, trademark, proprietary or other rights of third parties. MG reserves the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and, in such case, you shall agree to cooperate with MG's defense of such claim.
These terms and conditions will also apply if a special scheme is offered to you by MG & MG’s finance partners. The special scheme offered by MG’s finance partners could be only for customers visiting Sites.MG’s websites. For such a case you understand that the above terms and conditions mentioned will also be applicable.
a. We use several processes to safeguard your information, to maintain our data security and to prevent any unauthorized access to your information. For this, we have deployed different physical, electronic and business processes. The safeguards we use are tailored towards theto type and sensitivity of the information that we collect, process and transmit, as well as the present technological knowledge and progress.
b. We have deployed several generally accepted industry standards, such as firewalls, encryption, software development processes, traffic monitors, automated tools, and others to protect any information residing with us or being transmitted to us.
c. Any third party service providers we use for processing payments, if any, are validated as compliant with the payment card industry standard (PCI compliant service providers).
d. Whilst we deploy our security measures and processes with utmost diligence, we do not assume any liability or responsibility for disclosure of your information due to any reason, such as unauthorized third-party access, transmission errors or others, and you agree to disclaim us from any such liability.
This Site and all the information it contains is provided for information purposes only on an "as is" basis and could include technical, typographical or other errors. In certain areas, the information provided may represent an opinion or judgment. MG, information providers and their agents make no warranties, representations, or guarantees of any kind, express or implied, including but not limited to, accuracy, currency, or completeness, the operation of the Site, the information, materials, content, availability, and products. To the extent permitted by applicable law, MG disclaims all warranties, express or implied, including but not limited to, implied warranties of merchantability and fitness for a particular purpose. MG is not responsible for the content of any website linked to this Site and is not directly or indirectly implying any approval, endorsement or affiliation with any linked website.
5. Grievance Officer
In accordance with Information Technology Act, 2000 and rules made there under, the name and contact details of the Grievance Officer are provided below:
Director Information Technology
Chandrapura Industrial Estate
Phone: +91 2676 302 000
If the Company’s Visitor has any questions about this Policy or other privacy concerns, the Visitor can also email the Company at firstname.lastname@example.org
6. MG Motor does not procure / sell / solicite / recomment any insurance