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MG e-Pay online car finance platform launched

MG e-Pay is an online car finance platform for pre-approved loan offers.

MG Motor India has announced the launch of MG e-Pay - an online car finance platform for instant loan approvals.

According to the company, MG e-Pay will help customers with flexible, seamless, transparent and quick loan approvals from the comfort of their homes. MG has partnered with ICICI Bank, HDFC Bank, Kotak Mahindra Prime and Axis Bank to offer customized and instant financing options to customers.

The whole process for pre-approved loan offers includes 6 steps. Customers can select the car and dealership, fill out the booking form and pay the booking amount.

Customers can apply for a pre-approved loan from their bank and get instant pre-approval on the website. After this, the customer can pay the down payment for the car.

The bank will then disburse the loan to the dealership within the stipulated time and then the car will be delivered to the customer's doorstep.

 
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