- For the bank to retain, preserve, store, use and/or erase the Information, as per bank’s discretion for the purposes as mentioned hereunder and for a period beyond the same as may be required by the bank for any regulatory, legal and/or evidentiary purposes.
- The Customer hereby further agrees that the bank shall not be responsible for the quality or delivery of the vehicle to the Customer and for any complaints, grievances that the with respect to the delivery of the vehicle, and/or any other product level disputes in relation to the vehicle, including for any defects, repair or replacements, servicing, expiry of warranty, delayed / no delivery, claim for damages or any other demand or liability of whatsoever nature in respect of the vehicle and the Customer agrees that the same shall be governed by the agreement/ terms and conditions between the Customer and MSIL/ the relevant dealer.
- The Customer hereby understands that it is not mandatory for the Customer to give the consent as above, however, the Customer understands that agreeing to the processing of the Information as mentioned hereinabove, may result in faster evaluation of the Customer’s loan application with the bank.
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