The SAIC-owned MG Motors India, on Thursday, introduced the one-stop online car finance platform for an end-to-end online auto finance journey with instant loan approvals, MG e-Pay.
Aimed at offering transparent and convenient online car purchase solutions, the company has partnered with ICICI Bank, HDFC Bank, Kotak Mahindra Prime & Axis Bank for the finance platform.
Additionally, the carmaker is also working with other banks and NBFCs to expand its portfolio, a release from the company mentioned.
Gaurav Gupta, Chief Commercial Officer, MG Motor India, said, “After catering to over a million customers through the MG online buying platform, we intend to take a step further and simplify customer journey to avail suitable financing options for buying cars online.'