The MoU was signed by Pham Sanh Chau, CEO of VinFast Asia, alongside Anindya Sunder Paul, Deputy Managing Director, and Debasis Mohanty, General Manager (SME & SCF) of SBI.VinFast Auto India, the Indian subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI) to provide inventory financing for its exclusive dealer network.
Under the tie-up, SBI will offer dealers finance on favourable terms, including competitive interest rates, flexible repayment options, and a tailored suite of credit solutions. The partnership allows VinFast to leverage SBI’s pan-India branch network and digital platforms to support customers in both urban and emerging markets, furthering the adoption of electric vehicles in one of the world’s fastest-growing EV markets.
The MoU was signed by Pham Sanh Chau, CEO of VinFast Asia, alongside Anindya Sunder Paul, Deputy Managing Director, and Debasis Mohanty, General Manager (SME & SCF) of SBI.
The move comes as VinFast recently launched its premium VF 6 and VF 7 models in India, reinforcing its commitment to building a robust, customer-focused EV ecosystem.
