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Electric carmaker VinFast India on Tuesday signed a Memorandum of Understanding (MoU) with CSB Bank to provide auto and inventory financing for its exclusive dealer network.
The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7.
Under the partnership, customers will benefit from a range of retail financing solutions, including up to 100 per cent on-road funding, attractive interest rates, flexible repayment options, and a seamless loan approval and disbursement process across VinFast’s entire product portfolio.“Through this collaboration, we aim to offer flexible financing solutions that reduce entry barriers, while continuing to build a reliable and well-rounded ecosystem,” said Tapan Ghosh, CEO of VinFast India.Dedicated CSB Bank relationship managers will also provide on-site support at dealerships.
“By combining VinFast’s strong product vision in the EV space with CSB Bank’s financing capabilities, we aim to create a robust ecosystem that supports both retail auto buyer solutions and the dealer network through tailored auto loans and inventory financing solutions,” said Narendra Dixit, Head Retail Banking, CSB Bank.
Recently, the company extended its free charging programme across the V-Green charging network until March 31, 2029.
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