- Yes, MG Shared Subscription is a purely no strings attached program and you can end the Subscription anytime by contacting us on the Subscription App.
- However, there is a 12 months lock-in period for every subscription. This means, if you want to end the subscription before 12 months, you will have to pay the balance subscription fee for the remaining lockin period at the existing price plus differential subscription fee for the lock-in period and the existing subscription fee.
- In case if you want to end your subscription prematurely after the lock-in period of 12 months you will have to pay the cumulative differential amount equal to the subscription fee set for one tenure shorter than the selected month of closure, for the period up-to the termination month.
For eg - If you have selected the subscription tenure for 36 months and you wish to end your subscription in the 14th month, then you will have to pay the differential amount between applicable subscription fee of 12 months and the selected subscription fee for 36 months.
Differential amount = (Applicable subscription fee - Existing Subscription fee)* months of usage.
- That said, we are sure this question would become irrelevant for you as you would never want to terminate before the scheduled date.