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PLEASE READ THIS ROYAL ENFIELD MOBILE APPLICATION END-USER LICENSE AGREEMENT (HEREINAFTER REFERRED TO AS “EULA”) CAREFULLY BEFORE REGISTERING OR USING “ROYAL ENFIELD” MOBILE APPLICATION SERVICES.
              This EULA forms a binding legal agreement between you (“You” or
              “Your”) and Eicher Motors Limited, known by its brand name Royal
              Enfield (each separately a “Party” and collectively the “Parties”)
              as of the date You download the Mobile App (defined hereinafter).
              This EULA shall apply to Your use of the Royal Enfield mobile
              application and services (“Mobile App”) provided by Eicher Motors
              Limited (hereinafter referred to as “EML”, “Royal Enfield” or
              “RE”). 
              
              This EULA forms a binding legal agreement between you (“You” or
              “Your”) and Eicher Motors Limited, known by its brand name Royal
              Enfield (each separately a “Party” and collectively the “Parties”)
              as of the date You download the Mobile App (defined hereinafter).
              This EULA shall apply to Your use of the Royal Enfield mobile
              application and services (“Mobile App”) provided by Eicher Motors
              Limited (hereinafter referred to as “EML”, “Royal Enfield” or
              “RE”). This EULA only This EULA forms a binding legal agreement
              between you (“You” or “Your”) and Eicher Motors Limited, known by
              its brand name Royal Enfield (each separately a “Party” and
              collectively the “Parties”) as of the date You download the Mobile
              App (defined hereinafter). This EULA shall apply to Your use of
              the Royal Enfield mobile application and services (“Mobile App”)
              provided by Eicher Motors Limited (hereinafter referred to as
              “EML”, “Royal Enfield” or “RE”). This EULA only This EULA forms a
              binding legal agreement between you (“You” or “Your”) and Eicher
              Motors Limited, known by its brand name Royal Enfield (each
              separately a “Party” and collectively the “Parties”) as of the
              date You download the Mobile App (defined hereinafter). This EULA
              shall apply to Your use of the Royal Enfield mobile application
              and services (“Mobile App”) provided by Eicher Motors Limited
              (hereinafter referred to as “EML”, “Royal Enfield” or “RE”). This
              EULA only
            
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Owning your dream Royal Enfield just got easier with the Assured Buyback Program. Avail lower EMIs starting from INR 4123* and get guaranteed cashback* at the end of tenure while returning your motorcycle. Return, retain or upgrade your Royal Enfield without any hassle.
Ex-Showroom Price
On Road Price
Exclusive of insurance, road tax & registration charges. All prices are inclusive of GST.Downpayment (Indicative)
EMI (Indicative)
Exclusive of insurance, road tax & registration charges. All prices are inclusive of GST.Net Cashback (A-B)
Ex-Showroom Price
On Road Price
Downpayment (Indicative)
EMI (Indicative)
Assured Buyback Value (A)
Balance Loan outstanding from customer (B)
Net Cashback (A-B)
TERMS & CONDITIONS
(a) That Eicher Motors Limited/Royal Enfield (‘RE’) and its dealers are not a party to the transaction between OTO, its Lender(s) and you, and as such, shall not be accountable or held liable in case of any (i) default or breach of obligations either by you, Lender and/ or OTO, and/or (ii) any dispute between OTO /Lender and you with respect to the financial transaction contemplated in the Loan Document or any other documents in relation to the financing arrangement between you, OTO and its Lender(s).
(b) That the Loan Document shall be considered as an independent agreement between OTO, its Lender(s) and you wherein RE and its dealers do not have any role, responsibility or obligations towards you, OTO and/ or any other third party under the Loan Document, in any manner whatsoever.
(c) That you hereby expressly waive any right to seek or make any claim for loss, damages, demands, entitlements or recovery in relation to the financing arrangement entered into between OTO, Lender(s) and you in the Loan Document and/ or the Transaction Documents, on any ground whatsoever, against the manufacturer of the Vehicle i.e. RE, its authorised dealers and/or its affiliates except as otherwise for any manufacturing defects in the Vehicle.
(d) That the manufacturer of the Vehicle i.e. RE, its authorised dealers and/ or its affiliates shall not be held liable in any manner whatsoever for any consequential loss, claims, damages, demands, actions, judgments, fines, penalties (including without limitation, civil monetary penalties, interest and similar financial obligations levied against OTO or the Lender for violations of regulatory requirements), refund obligations, costs and expenses that may arise due to any breach of obligations in relation to the financing arrangement for the Vehicle under the Loan Document and/ or the Transaction Documents.
(e) EMIs mentioned above are suggestive for calculation purpose and may not be accurate.
(f) The above mentioned EMIs are on credit score of 700 and above.
(g) The interest rates differ from case to case basis. The final amount and rates will be communicated and decided by the OTO capital at their sole discretion.
(h) For final terms & conditions, please refer to the loan application agreement between Oto Capital and customer.
(i) Cities covered under assured buyback program are Delhi, Ghaziabad, Noida, Lucknow, Jaipur, Bhopal, Indore, Ahmadabad, Pune, Hyderabad, Bengaluru and Chennai.