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Maruti Suzuki subscribe with SMAS is currently available in Mumbai, Delhi, Chennai, Hyderabad, Bangalore, Gurugram and Noida
Maruti Suzuki subscribe with SMAS is surprisingly easy and convenient. Simply log on to the MSIL website to post your query or visit your nearest dealership to get all the information about your subscription plan and choose your desired MSIL vehicle. Get your brand new vehicle, pay a minimum monthly subscription and enjoy your ride.
In order to be eligible for Subscription programme you must:
1. Be an Indian citizen
2. Own a valid Driving License
3. Have permanent & proper residence proof
4. Have a good CIBIL score
5. Proof of own income source
Note: Subscription approvals are subject to multiple factors. Reach out to your nearest dealership for more details.
The vehicle delivery usually takes 10 to 20 days subject to completion of all the requirements and vehicle availability.
After the booking you will be updated regularly on the status of your application and tentative vehicle delivery.
The payments toward subscription are required to be paid on a monthly basis. Initially you are required to pay a refundable security deposit, booking amount and one month's rental in advance. For the monthly subscription fees, please visit MSIL website.
The prices mentioned on the website are indicative and subject to change due to change in pricing at the time of invoicing of the car
The SMAS subscription plans offer flexible tenure for you. You can select options from 12, 24, 36, 48 and 60 months.
The car will be registered on your name as the registered owner with hypothecation of SMAS Auto Leasing India Private Limited.
Penalty charges will be applicable as per the tenure completed before returning the vehicle. For more details you may kindly refer your customer agreement which shall be executed with every customer.
Yes. You will be offered brand new Maruti Suzuki vehicle under this subscription plan
Yes, you are free to select the car color or any variant & model as you may want under the subscription plan offerings
No, GST registration is not mandatory for the subscription plan
SMAS India introduces an exciting new feature for the prospective buyers of Maruti Suzuki Vehicles in India which will change how the ownership of the vehicle will look like in the future. Under this program the customer will have option to choose flexibly the subscription tenure of 12, 24, 36, 48 and 60 months providing a convenient and hassle free experience.
Lock-In period is the duration in which you are not permitted to cancel the subscription. Under this plan the lock-in period for 12, 24, 36, 48 and 60 months is 06, 12, 18, 24 and 30 months respectively. For more refer to customer agreement.
Yes, you are free to chose flexible extension option. However, you need to notify SMAS India for the same in advance. SMAS India on basis of request will evaluate the request and confirm on the same within 10 days. The new subscription charges will be effective as per the extension period.
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Ex-showroom Cost of the Vehicle
Road tax and registration charges
Insurance premium cost
Maintenance cost for scheduled and un-scheduled services; accidental repairs (excluding negligence cases)
Usage upto 10,000km, 15,000km, 20,000km or 25,000km per year based on whichever option is opted by you. (Excess km charges will be applicable if contracted km is exceded)
There is a Lock-In period of 06, 12, 18, 24 and 30 months for 12, 24, 36, 48 and 60 months tenure respectively. In order to return the car you will need to provide 30 days advance notice for the same. There will be foreclosure charges in case you request the return within usage period. The charges attracted will be:
1. Return before completion of Lock-In period: 60% of the rental for remaining months of Lock-In period + 30% of remaining rental post Lock-In period
2. Return after Lock-In period: 30% of remaining rental period
3. In case you want to return the vehicle in middle of the month the rental for the current month will be chargeable in addition to the foreclosure charges calculated as per the above calculations.
Yes, you are free to terminate the vehicle after the Lock-In period. However, you will be required to provide a prior notice 30 days in advance.
The foreclosure charges will be equal to 30% of remaining rental period.
Lock-In period is 06, 12, 18, 24 and 30 months for 12, 24, 36, 48 and 60 months tenure respectively.
Opting for service under Maruti Suzuki subscribe with SMAS is a hassle-free process. You can simply log on to the MSIL website to post your query or visit your nearest dealership to get all the information about subscription plans and choose your desired MSIL vehicle.
Pan Card Copy
Photo Identity Proof/ Card
Address Proof - Current/ Permanent/ Office
Income Document: Latest assessment year’s ITR OR Form 16 \ Salary Slip (last 3 months)
Last 4 Months Bank Statements
Valid Driving License
Credit Card: Bank Name & Number
List of Immovable assets/ Investment details
Cancelled cheque 2Nos
Note : Additional documents may be asked, if required..
In case the vehicle is registered, the same will be treated as foreclosure and foreclosure charges will be applicable. In case the vehicle is yet to be registered, the penalty will be equivalent to advance payment & security deposit.
Yes, for delivery, the customer will be required to be physically present along with its driving license & ID proof submitted earlier.
Monthly payments will be made as online auto-debit payment transactions. You are requested to keep sufficient balance in your account.
You will be required to sign NACH form during agreement signing.
You will be required to pay One month rental in advance along with Security deposit ( equivalent to 1 month rental ) and processing fees of Rs. 1,000+GST. Additionally, subscription monthly charges will be applicable as per the vehicle subscribed.
You will be required to pay only the monthly rental on 1st of every month in advance. Also, you need to pay any charges that will occur in case of negligent driving or in case of any claim rejected by insurance company. For more refer to the customer agreement.
You will be required to pay (Auto-debit) the monthly rental on 1st of every month in advance.
Monthly payments will be made as online auto-debit payment transactions. You are requested to keep sufficient balance in your account
You will be required to sign NACH form during agreement signing.
There are no charges in case of damages, unless there is a case of negligent driving and in case of any claim rejected by Insurance company. Furthermore, in case of multiple instances reported, the damages cost will be borne by user. For more refer to the customer agreement.
Any instance where the Insurance Company rejects payment for damages caused comes under negligent driving. It includes incidents resulting from not following the laws of land, drunken driving, not following manufacturer’s and general guidelines of car driving, ignoring warning signs coming on instrument cluster, & rash driving, offences included under Motor vehicle Act etc. Further details can be referred to in the User Agreement.
For any delay of payment from the due date, a penalty of 2% will be chargeable for the subsequent 7 days of late payment. In cases of any payment delay of more than 7 days from the due date, the vehicle will be liable to be recovered. In such cases, it will be treated as foreclosure and you will be required to pay foreclosure charges a per the agreement. For more refer to the customer agreement.
Insurance Premium will be paid by SMAS which covers Zero Depreciation and Consumables. Any disallowance & claim filing charges will be borne by Customer.
All tolls, parkings, taxes, fines, challans and fastag recharges will be borne by the customer
Yes you can. But, being the registered owner, complete responsibility of the vehicle lies you even when someone else is driving it. Nevertheless, it is advisable to use it as your own car and avoid sharing with any third party. Further, Commercial Usage of the vehicle is prohibited. Please refer the User Agreement for more details.
No, there is no limit on km driven. Although, your subscription rental will cover annual kms upto 10,000km, 15,000km, 20,000km or 25,000km as opted by you. For any additional km used, you will be required to pay excess km charges varying from Rs. 2/- per km to Rs. 10/- per km (based on selected Car Model/Variant) + applicable taxes. Payment to be made at the end of the tenure or at pre-closure of the subscription contract.
SMAS Auto Leasing India Private Limited will take care of the maintenance and repair, which will be done only at Maruti Suzuki authorized workshops. Exceptions to above shall be cases of negligent driving where customer will need to pay for the expenses on their own.
The maintenance package includes both scheduled and un-scheduled maintenance except for any repair due to negligent driving
Yes, Pick and drop will be provided for scheduled services
In case car breaks down or meet with an accident, then you are requested to contact at SMAS 24*7 helpline number or our service booking number for the assistance
You can carry out repairs of the vehicle outside the city, however you are required to take prior approval from SMAS Service team for the repairs. If the credit facility is not available on that workshop, then you should pay to workshop and claim approved amount from SMAS. Approved jobs will be reimbursed only if the bills are on name of SMAS Auto Leasing India. The same will be verified later for approval
Yes, SMAS India provide roadside assistance as additional value added service to you.
Roadside assistance is part of subscription package.
Helpline service covers only towing service (up to 100 km within city limit) and some on-site repair for minor faults like “Jump start” etc
Anything beyond will be charged to you.
Towing service (up to 100 km within city limit) and some on-site repair for minor faults like “Jump start” etc. will be covered in road side assistance. Anything beyond will be chargeable.
In case the insured vehicle is involved and got damaged, you need to inform SMAS about the incident within 24 Hrs and should clearly mention this under “Third Party” claim declaration in motor insurance claim form for further assistance. For more details, please refer Customer Agreement.
You shall immediately inform SMAS India about the incident and details thereof and lodge a First Information Report with the nearest Police Station. You will be liable to pay the deficit amount of Vehicle Pre-closure Value and the Insurance Claim settled. For more details, please refer the Customer Agreement.
Vehicle is expected to be returned in good condition. Although minor wear n tear can be acceptable, but over and above can attract additional charges. For more details, please refer customer agreement.
Yes, there are two ways to retain the car.
A. Either the user can extend the lease/subscription period. User will have to raise a request to SMAS India for approval 30 days in advance.
B. User may buy the vehicle at SMAS' discretion post the lease/subscription period. The prices for buy-back will be provided by SMAS India depending on usage, condition and market value.
You are free to drive within Indian geography. Maintenance & other services shall only be provided within the contracted boundary (Indian geography).
No, the vehicle is for personal use and cannot be used for any commercial purposes.
A vehicle is manufactured in accordance of limited sitting arrangement and we suggest you to follow the same guidelines.
Alterations or Modifications to the car is not permitted. However, you can use detachable accessories fitted, preferrably through Maruti Suzuki Authorized Dealers. Further, in such cases, you need to ensure that warranty of the car must not get affected under any circumstances. Please also note that any legal requirements in this regard shall have to complied by you.