Friday, October 31, 2025
23.1 C
New Delhi

VinFast Auto India ties up with Axis Bank for ₹200 crore dealer, retail financing support



<p>The collaboration is designed to make EV ownership more convenient and accessible, leveraging Axis Bank’s pan-India branch network and digital platforms to reach customers in both urban and emerging markets.</p>
<p><span class=

“/>

The collaboration is designed to make EV ownership more convenient and accessible, leveraging Axis Bank’s pan-India branch network and digital platforms to reach customers in both urban and emerging markets.

VinFast Auto India, the subsidiary of Vietnamese EV maker, has signed an MoU with Axis Bank to provide auto and inventory financing solutions for its upcoming dealer network and customers ahead of its India launch.

Under the agreement, Axis Bank will extend up to ₹200 crore in dealer financing to support VinFast’s exclusive retail network. On the consumer side, the partnership will offer attractive interest rates, flexible repayment options, 100 per cent on-road funding, exclusive offers and priority services across VinFast’s product portfolio. Dedicated Axis Bank representatives will also be placed at VinFast showrooms to assist customers.

The collaboration is designed to make EV ownership more convenient and accessible, leveraging Axis Bank’s pan-India branch network and digital platforms to reach customers in both urban and emerging markets, the official statement said.

“Financing is a critical enabler in the EV transition, and this MoU is a strong step towards building an inclusive ecosystem for our buyers,” said Pham Sanh Chau, CEO of VinFast Asia.

Munish Sharda, Executive Director, Axis Bank, said “Our collaboration with VinFast will offer customers convenient credit solutions tailored to its premium EV lineup, empowering them to achieve their green mobility aspirations with ease,” he said.

  • Published On Sep 4, 2025 at 08:58 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!

Go to Source

Hot this week

‘Breathtaking fraud’: BlackRock accuses Indian-origin Bankim Brahmbhatt of $500-million scam; ‘He stopped answering calls’

BlackRock’s private-credit investing arm and other lenders accuse Indian-origin Bankim Brahmbhatt of multi-million dollar fraud. Read More

FBI foils suspected Halloween terror plot in Michigan, arrests several suspects

Multiple people who had been allegedly plotting a violent attack over the Halloween weekend were arrested Friday in Michigan, FBI Director Kash Patel said in a social media post. Read More

Alia-Deepika’s Halloween video sends fans into a frenzy – WATCH

Bollywood divas Alia Bhatt and Deepika Padukone joined forces this Halloween and their fans cannot keep calm. Read More

John Cena REACTS to Shah Rukh Khan calling him a ‘rock star’

WWE superstar John Cena took a moment to thank Bollywood’s beloved Shah Rukh Khan, calling him a guiding light in his life. Read More

Rajat calls Aryan his angel: He gave my family a new beginning

Rajat Bedi has become an overnight sensation after his powerful performance in Aryan Khan’s much-talked-about directorial debut, The Ba***ds of Bollywood. Read More

Topics

‘Breathtaking fraud’: BlackRock accuses Indian-origin Bankim Brahmbhatt of $500-million scam; ‘He stopped answering calls’

BlackRock’s private-credit investing arm and other lenders accuse Indian-origin Bankim Brahmbhatt of multi-million dollar fraud. Read More

FBI foils suspected Halloween terror plot in Michigan, arrests several suspects

Multiple people who had been allegedly plotting a violent attack over the Halloween weekend were arrested Friday in Michigan, FBI Director Kash Patel said in a social media post. Read More

Alia-Deepika’s Halloween video sends fans into a frenzy – WATCH

Bollywood divas Alia Bhatt and Deepika Padukone joined forces this Halloween and their fans cannot keep calm. Read More

John Cena REACTS to Shah Rukh Khan calling him a ‘rock star’

WWE superstar John Cena took a moment to thank Bollywood’s beloved Shah Rukh Khan, calling him a guiding light in his life. Read More

Rajat calls Aryan his angel: He gave my family a new beginning

Rajat Bedi has become an overnight sensation after his powerful performance in Aryan Khan’s much-talked-about directorial debut, The Ba***ds of Bollywood. Read More

UAE Milestone: Abu Dhabi becomes 5th smartest city in the World

Abu Dhabi joins World’s smartest cities with top ranking / Image Credit: AI-generated Abu Dhabi has moved rapidly up the global smart-city ladder in 2025, earning a top-five place in the IMD Smart City Index and widespread recogniti Read More

‘Babies are starving!’: Kamala Harris explodes over Donald Trump’s $300 million ballroom — watch

Former vice president Kamala Harris went on a furious rant on President Donald Trump, slamming his decision to build a new $300 million ballroom at the White House, demolishing the East Wing, while millions of Americans face the los Read More

A nuclear-armed bully? Why Trump’s testing threat matters and what comes next

President Donald Trump reiterated Friday that he wants testing of US nuclear weapons but again failed to clarify whether he meant live explosions in a directive that has provoked global tension, as well as some confusion. Read More

Related Articles