VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation’s largest bank, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, up to 100% on-road funding, exclusive offers and priority services—applicable across VinFast’s entire product portfolio. Dedicated SBI representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
The collaboration allows VinFast to leverage State Bank of India’s extensive pan-India network of nearly 23,000 branches to reach customers across urban and emerging markets alike. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.
This agreement underscores VinFast’s commitment to simplifying the path to electric mobility for Indian consumers. Through competitive financing options and seamless support, VinFast seeks to enable more customers to experience its EVs at a time when electric mobility is rapidly expanding and becoming an integral part of the nation’s transportation future.
The MoU was signed by Mr. Pham Sanh Chau, CEO of VinFast Asia, and Mr. Ajay Kumar Jha, General Manager – Retail Loans, State Bank of India.
VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with HDFC Bank, one of India’s leading private sector banks, to provide auto and inventory financing for its exclusive dealer network. The partnership, VinFast’s first with a banking institution in India, aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch.
The collaboration allows VinFast to leverage HDFC Bank’s extensive pan-India branch network and digital platforms to reach customers across urban and emerging markets alike. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.
The MoU was signed by Mr. Pham Sanh Chau, CEO of VinFast Asia, and Mr. Akhilesh Kumar Roy, Business Head – Auto Loans, Inventory Finance, and Two-Wheeler Loans, HDFC Bank.
VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with ICICI Bank, one of India’s leading private sector banks, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to offer a seamless suite of credit solutions for the company’s recently launched VF 6 and VF 7 models.
Under the agreement, VinFast’s customers will have access to customised financing solutions, including 100% on-road funding, attractive interest rates, flexible repayment options and priority services applicable across the company’s full product range. Dedicated ICICI Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
The collaboration allows VinFast to leverage ICICI Bank’s extensive pan-India branch network and digital platforms to reach customers across urban and emerging markets alike. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.
The MoU was signed by Mr. Pham Sanh Chau, CEO of VinFast Asia, and Munish Gaur, Product Head – Vehicles, ICICI Bank.
VinFast Auto India, a subsidiary of the global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with Axis Bank, one of the largest private sector banks in India, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch.
Under the Dealer finance tie-up, Axis Bank will extend up to 200 Crore finance to VinFast Dealers. The retail finance agreement also brings a wide range of benefits for customers, such as attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers, and priority services—applicable across VinFast’s entire product portfolio. Dedicated Axis Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for Indian consumers.
The collaboration enables VinFast to leverage Axis Bank’s extensive pan-India branch network and digital platforms to reach customers across both urban and emerging markets. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.
The MoU was signed by Mr. Pham Sanh Chau, CEO of VinFast Asia, along with Mr. Munish Sharda, Executive Director, Axis Bank, and Mr. Hemant Nagpal, Business Head – Wheels at Axis Bank.
