TVS iQube - Smart Electric Scooter in India - Price, Features and Specification
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Terms and Conditions

These booking Terms and Conditions (“Terms”) apply to the booking of TVS iQube Electric (booking) and form a legally binding agreement under the Information Technology Act, 2000, as amended, between You and TVS Motor Company Limited, a company registered under the Companies Act 1956 and having its registered offices at “Chaitanya”, No.12, Khader Nawaz Khan Road, Nungambakkam, Chennai-600 006 Chennai, hereinafter referred to as “TVSM”

For the purpose of these Terms, wherever the context so requires “You/Your” will mean any person who has agreed to place the Booking of TVS iQube Electric vehicle through the website. The term “We/Us/Our” will mean TVS Motor.

  1. Booking

    By placing a booking with Us, you express Your intention to purchase the vehicle specified by You (“Vehicle”) and agree to be bound by these Terms. Your purchase of the Vehicle and delivery by Us will be subject to Your compliance with the Terms hereunder and other applicable laws, regulations and guidelines.

  2. Booking Amount
    1. The booking Amount of ₹ 5 000 shall be paid by You through the link provided on this Site. This shall be a non-interest bearing and will confirm Your booking. The same shall be construed as an offer from your end and shall be adjusted against payment of the final Vehicle price by You. Upon the receipt of the amount in the Bank Account of TVSM, we shall communicate the acceptance of the Booking, however, the acceptance of the Booking does not be construed as completion of the sale of the TVS iQube Electric vehicle as it is subject to the payment of balance amount, documentation requirements and terms and conditions.

    2. The advance amount / booking amount paid by you will not attract any interest in what so ever manner even in case of the refund is sought by you for the reason of cancellation of the booking or if the advance amount / booking amount is adjusted to towards the full payment / cost of the Vehicle.

  3. Price of the TVS iQube Electric Scooter
    1. The Price displayed on the vehicle displayed, if any, on the website of TVSM is only the ex-showroom price of the vehicle. The On-Road price is subject to road tax, accessories charges etc., The final Vehicle price is the prevailing price as applicable on the date of intimation regarding final Vehicle payment. The balance sale price (i.e. balance sale consideration) shall be paid directly to the dealer(s) notified by TVSM.

    2. Please take note that TVSM is only receiving the Booking Amount as a facilitator to promote the sale between the TVSM dealer and You. The actual transaction of the sale is a contract between You and the TVSM Dealer with whom you shall be making the payment of balance sale price.

    3. TVSM shall not be responsible for any non-receipt of the Booking Amount to the Bank Account of TVSM due to technical or other reasons in the payment gateway or banking network issues

  4. Delivery Schedule

    We/our dealer will communicate the estimated delivery period for Your Vehicle, and will make all commercially reasonable efforts to deliver Your Vehicle within the specified delivery period by the dealer notified by us. Any change or delay in the delivery period will be notified to You by Us / our dealer. We will not be liable for any claims, damages, losses, costs or expenses incurred/suffered by You due to delay in delivery of the Vehicle by Us. However, in the event of any delays, You may cancel and claim refund of Your Pre-Order Amount in accordance with these Terms.

  5. Editing/Cancellation/Refund
    1. You may edit/cancel your booking any time prior to your making full payment for your Vehicle to our dealer. We will endeavour to process refund of the Pre-Order Amount to You within fifteen (15) working days of receipt of your request for cancellation.

    2. Please note that once You make the full payment for Your Vehicle, the sale shall be deemed as complete and You will not be able to edit/cancel Your booking or claim any refund of the purchase amount.

  6. Assignment or Transfer

    You acknowledge and agree that Your booking is for delivery of Vehicle only to You and You may not transfer or assign rights granted to You under these Terms to any third party.

  7. Collection of Information

    We may require certain information and documents from You for processing Your booking, complying with statutory requirements, and/or conducting a site inspection for installation of the Vehicle charging station. You represent and warrant that all such information and documents will be true, complete and accurate. You will promptly notify Us of any change in the information provided to allow Us to update Our records. All collection, storage, use and disclosure of any information provided by You will be in accordance with Our Privacy Policy available at https//:www.tvsmotor.com/iqube

  8. Territory

    The Vehicle is available for booking or sale in such territories as may be designated by Us. You may not place a Booking for delivery of the Vehicle or request for installation of the charging station outside these territories.

  9. Purchase Terms

    These Terms are applicable to the Booking of the Vehicle. You acknowledge that purchase of Vehicle will be subject to such additional terms and conditions as may be prescribed by Us including without limitation, the TVS iQube General Terms and Conditions(collectively, the “Purchase Terms”). Such Purchase Terms are subject to change, and We recommend that You carefully read and understand all the prescribed Purchase Terms before proceeding with the purchase of the Vehicle and making the full payment.

  10. Limitation of Liability

    We will not be liable for any indirect, special, incidental or consequential damages arising out of or in connection with these Terms. Your sole and exclusive remedy and Our aggregate and cumulative liability for any material breach under these Terms will be limited to refund of the Booking Amount in the amount of valid cancellation.

  11. Disclaimer

    The Vehicle will in all material aspects be similar to the Vehicle presented or advertised in marketing or promotional campaigns. However, in view of Our endeavors to continuously innovate and improve Our products, We reserve the right to modify or alter the specifications, features and/or design of the Vehicle without prior notice and without any liability.

  12. Miscellaneous
    1. We will not be responsible for any delay or failure to perform Our obligations under these Terms, where such delay or failure is due to any reasons beyond Our reasonable control.

    2. In the event any of these Terms is held invalid or unenforceable, the legality and enforceability of remaining provisions will not be affected or impaired thereby. These Terms will be subject to the laws of India and any dispute hereunder will be subject to the exclusive jurisdiction of the courts at Bangaluru and New Delhi.

  13. Suggestions/Feedback

    Please contact Our customer care executives at 1800 572 1818 (Monday – Saturday, 09:00 – 18:00 hrs). You may also write to Us at tvsiqube@tvsmotor.com

  14. Home Test Ride
    1. All safety precautions as prescribed have been taken to provide a safe home test ride experience to the customer.

    2. Home Test Ride will be given only by the dealership that the customer has made the booking for.

    3. Any request for change of dealership for home test ride will not be entertained.

    4. Home Test rides are subject to availability of vehicle, and distance from the chosen dealership.

    5. Home test ride facility available only for customer locations less than or equal to 25 kms from the dealership location.

    6. Other standard T&C applied.

  15. Home Delivery
    1. All safety precautions as prescribed have been taken to provide a safe vehicle home delivery experience to the customer.

    2. Vehicle Home Delivery will be given only the dealership that the customer has made the booking for.

    3. Any request for change of dealership for vehicle home delivery will not be entertained.

    4. Vehicle home delivery is a value added service, with an add-on service cost as per actuals quoted by the dealer

    5. The customer is required to sign an all-clearance document upon delivery of vehicle confirming the same.

    6. Other standard T&C applied.

      1. I authorise TVS Credit to exchange, and share all information and details as provided by me and in relation to my loans and/or repayment history to any third party including but not limited to its group companies, service providers, banks, financial institutions, credit bureaus, telecommunication companies, statutory bodies, business partners etc. for customer verification, personalisation of products or services, credit rating, data enrichment, marketing or promotion of TVS Credit services or related products or that of its associates/business partners and affiliates or for enforcement of your obligations and I shall not hold TVS Credit (or any of its group companies or its/their agents/representatives/ business partners) liable for the use/sharing of the information as stated above.

      2. I agree and affirm that TVS Credit may contact me and communicate with me over telephonic calls, or SMS on the mobile number mentioned herein, or through any other communication mode (“Communication Modes”) to verify the details provided by me. Further, I confirm that I would like to know through the above-mentioned communication modes various TVS Credit loan offer schemes or loan promotional schemes or any other promotional schemes relating to various products/services offered by TVS Credit/its group companies/business partners from time to time and hereby authorise TVS Credit, its group companies, employees, agents, associates, business partners to contact me from time to time for the same.

      3. I hereby unconditionally consent to and instruct the credit bureau to provide my credit information to me and TVS Credit.

      4. I undertake to keep TVS Credit updated on any change in the information provided by me and acknowledge that if any documents/other material changes are to be made by me in the middle of the processing, it will lead to the re-processing of the loan from the initial stage as a ‘Fresh Processing’.

      5. I understand and acknowledge that TVS Credit shall have the absolute discretion, without assigning any reason to reject my loan application and that TVS Credit shall not be responsible/liable in any manner whatsoever for such rejection.

      6. I hereby authorise TVS Credit to retain a copy of my credit information, along with other information I have given access to under this authorisation, in accordance with TVS Credit terms and conditions and privacy policy.

      7. I further understand and agree that pursuant to this application form, I will be required to submit documents to the satisfaction of TVS Credit and accept the loan terms and conditions for availing the loan granted to me by TVS Credit from time to time.

      8. I hereby expressly consent and authorise TVS Credit Service Limited/ its representatives/agents/its business partners/its group companies/affiliates to initiate CIBIL, PAN and employment check to evaluate and process my loan application.

  16. Offers Terms & Conditions
    1. No Cost EMI or NCEMI

      1. The “Offer” is open to only for the customer who buys TVS iQube (UG or S variant) from TVS Motor Company Limited website and select the No Cost EMI (henceforth referred to as NCEMI) option and make the successful full payment via eligible credit cards.

      2. NCEMI option is available for a tenure of 3 months & 6 months. However, you can also buy TVS iQube on EMI for longer tenure without offer on eligible cards.

      3. This Offer is valid from September 13, 2023 to November 30, 2023 (both days included), hereafter referred to as “Offer period”. However, TVSM can withdraw the offer before the deadline without giving intimation.

      4. The offer is applicable on Ex showroom price of the vehicle after subtracting the booking amount of Rs 5000.The dealership shall collect the cost of insurance, RTO, accessories and any other additional costs from the customer.

      5. Customer can select one offer on the purchase of TVS iQube. The customer cannot claim multiple offers on the purchase of TVS iQube.

      6. If for any reason a transaction is not successful, TVSM will not be responsible for providing the Offer benefits. This Offer is being made purely on a 'best effort' basis. TVSM is not bound in any manner to participate in this Offer and any such participation is purely voluntary.

      7. Once the transaction is successful under the NCEMI option, no changes shall be entertained by TVSM/Bank for change in offer or the tenure.

      8. In case of any issues/clarifications regarding the loan, kindly contact your selected bank. TVSM will not have any involvement in the same.

      9. The bank may levy additional charges by way of processing EMI transactions. eg, Processing charge, GST and the like. Subvention is provided only the for-interest component for a limited period only.

      10. For Cancellation terms and conditions, please refer to the Cancellation policy on the TVS iQube website.

      11. To receive this Offer, purchase should be charged in full on the eligible cards after reducing the booking amount of Rs. 5000. No cash alternative is available.

      12. Any disputes arising out of and in connection with this program shall be subject to the exclusive jurisdiction of the courts in Chennai only.

    2. Bank of Baroda Instant Discount

      1. I have understood and accept the T&C of EMI as available on the website (www.bobcard.co.in) and the applicable charges mentioned.

      2. I understand that in the event of the merchant or me cancelling my EMI transaction, I am responsible for notifying BOBCARD to cancel the EMI that was booked for the cancelled transaction.

    3. Assured Gifts on Full Payment

      1. I have understood and accept the TnC for the assured gifts scheme as mentioned on TVS Motor - Scratch and Win Offer (For Rest of India, except Tamil Nadu)

      2. I have understood and accept the TnC for the assured gifts scheme as mentioned on TVS Motor - Choose Your Gift Offer (For the state of Tamil Nadu)

    TVS Credit Services - TERMS OF SERVICE – ACCEPTANCE
    Kindly read and understand these Terms and Conditions of use carefully before accessing or using this website. By accessing or using this site, if these Terms and Conditions are not acceptable to you or you are not eligible to accept these under the applicable laws, please do not proceed. To the extent applicable, you agree to be bound, without limitation or qualification, by these Terms and Conditions of use. If you do not accept any of the terms and conditions stated herein, please do not use this site. TVS Credit may, in its sole discretion, modify or revise these terms and conditions at any time by updating this web page. You are bound by any such modification or revision. You may also read the Privacy Policy before using this site.
  1. Warranty Disclaimer
    1. TVS Credit makes every effort to ensure the accuracy, accessibility, integrity, and timeliness of this information. But TVS Credit does not guarantee or makes no warranties of any kind, express or implied, in connection with this or its subject matter as to the above.

    2. You hereby disclaim any and all representations and warranties as may be available to you under applicable law or otherwise, including but not limited to all of which are expressly disclaimed.

    3. TVS Credit assumes no liability or responsibility for any errors or omissions in the content of this site and further disclaims any liability of any nature for any loss howsoever caused in connection with using this website.

    4. Without prior notice, TVS Credit may make changes to this content at any time. The products and services mentioned on the website are subject to availability.

    5. Information on programmes and details of services displayed on this website may vary or alter from the actual specifics; it is therefore strongly recommended that you contact TVS Credit before making any decisions.

  2. Disclaimer
    1. By entering this site you acknowledge and agree that your use is at your own risk and that none of the parties involved in creating, producing, or delivering this site is liable for any direct, incidental, consequential, indirect, or punitive damages, or any other losses, costs, or expenses of any kind (including legal fees, expert fees, or other disbursements) which may arise, directly or indirectly, through the access to, use of, or browsing of this site or through your downloading of any materials, data, text, images, video or audio from this site, including but not limited to anything caused by any viruses, bugs, human action or inaction or any computer system, phone line, hardware, software or program malfunctions, or any other errors, failures or delays in computer transmissions or network connections.

    2. You agree to indemnify and hold harmless TVS Credit, its parent companies, subsidiaries, affiliates, officers, directors, agents, employees, co-branders or other partners, and suppliers, from any claim, demand, action, or damage, including reasonable attorney's fees, made by any third party due to, arising out of or related to your use of this website, your violation of the Terms and Conditions, any right of another, or your connection to the website.

  3. Usage
    1. The user acknowledges that the use of the website by the user does not constitute a joint venture, partnership, employment, or agency relationship between the user and TVS Credit.

    2. You agree not to hold yourself as a representative, agent, or employee of TVS Credit and TVS Credit shall not be liable for any representation, act, or omission of the user.

  4. Legal Jurisdiction
    1. The courts in Chennai alone will have exclusive jurisdiction in relation to all disputes which may arise out of or in connection with the use of the website.

    2. The interpretation of these Terms and Conditions shall be construed in accordance with and governed by the laws of the Union of India without giving effect to the conflict of laws provision.

  5. Refund & Cancellation Policy
    1. Refunds will be processed as per the internal policy of TVS Credit.

    2. In all matters concerning cancellation and refund, TVS Credit shall have the deciding hand.

    3. In the event of revocation of the sanction of the loan by you, the refund of margin money paid, if any, shall be between you and the manufacturer/dealer.

    4. TVS Credit shall not, in any way, be responsible for the refund of the margin money at all times.

  6. Contacting TVS Credit Services Limited
    1. By entering this site, you acknowledge that this site is only for information purposes, and you could contact us using the "Contact Us" section on this website. But for all practical and legal purposes, you are required to address your communication by certified mail to the below-given address:
      TVS Credit Services Limited, “Jayalakshmi Estates”, 29, Haddows Road, Nungambakkam, Chennai 600 006.
      Phone: +91 44 28277155, +91 44 28277155, 28233834 | Fax: +91 44 28232296 | Website: https://www.tvscredit.com/

  7. Grievance Redressal
    1. Any grievance or complaint, in relation to processing, should be sent to the Company in writing to the following contact email ID. Grievance shall be redressed as expeditiously as possible. The details of the Grievance Officer are as follows:
      Name: Mr. Charandeep Singh Chawla Mobile: +91 7305963580
      Email : gro@tvscredit.com

  8. Privacy Policy | TVS Credit
    1. TVS Credit is committed to the safety & confidentiality of the user's information. The policy describes how TVS Credit process your personal data. Know more
      https://www.tvscredit.com/privacy-policy

  9. Consent of User
    1. I authorise TVS Credit to exchange, and share all information and details as provided by me and in relation to my loans and/or repayment history to any third party including but not limited to its group companies, service providers, banks, financial institutions, credit bureaus, telecommunication companies, statutory bodies, business partners etc. for customer verification, personalisation of products or services, credit rating, data enrichment, marketing or promotion of TVS Credit services or related products or that of its associates/business partners and affiliates or for enforcement of your obligations and I shall not hold TVS Credit (or any of its group companies or its/their agents/representatives/ business partners) liable for the use/sharing of the information as stated above.

    2. I agree and affirm that TVS Credit may contact me and communicate with me over telephonic calls, or SMS on the mobile number mentioned herein, or through any other communication mode (“Communication Modes”) to verify the details provided by me. Further, I confirm that I would like to know through the above-mentioned communication modes various TVS Credit loan offer schemes or loan promotional schemes or any other promotional schemes relating to various products/services offered by TVS Credit/its group companies/business partners from time to time and hereby authorise TVS Credit, its group companies, employees, agents, associates, business partners to contact me from time to time for the same.

    3. I hereby unconditionally consent to and instruct the credit bureau to provide my credit information to me and TVS Credit.

    4. I undertake to keep TVS Credit updated on any change in the information provided by me and acknowledge that if any documents/other material changes are to be made by me in the middle of the processing, it will lead to the re-processing of the loan from the initial stage as a ‘Fresh Processing’.

    5. I understand and acknowledge that TVS Credit shall have the absolute discretion, without assigning any reason to reject my loan application and that TVS Credit shall not be responsible/liable in any manner whatsoever for such rejection.

    6. I hereby authorise TVS Credit to retain a copy of my credit information, along with other information I have given access to under this authorisation, in accordance with TVS Credit terms and conditions and privacy policy.

    7. I further understand and agree that pursuant to this application form, I will be required to submit documents to the satisfaction of TVS Credit and accept the loan terms and conditions for availing the loan granted to me by TVS Credit from time to time.

    8. I hereby expressly consent and authorise TVS Credit Service Limited/ its representatives/agents/its business partners/its group companies/affiliates to initiate CIBIL, PAN and employment check to evaluate and process my loan application.