Vinfast partners with CSB bank
VinFast Auto India has 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 convenient suite of credit solutions for potential customers of the VF 6 and VF 7.
Under the partnership, customers will benefit from a range of retail financing solutions, including up to 100% on-road funding, attractive interest rates, flexible repayment options, and a seamless loan approval and disbursement process across VinFast's entire product portfolio.
The CSB Bank relationship managers will also provide on-site support at dealerships for convenient financing experience and making EV ownership more accessible for customers.
The collaboration will also enable VinFast to leverage CSB Bank's pan-India presence and expanding branch network to extend EV financing solutions across markets. The MOU was signed by Tapan Ghosh, CEO of VinFast India, along with Narendra Dixit, Head Retail Banking at CSB Bank.
Tapan Ghosh, CEO of VinFast India, said: "Our partnership with CSB Bank is a natural extension of our approach in India, where accessibility and affordability are critical to scaling EV adoption. In markets like India, the transition to electric mobility depends not only on the product, but also on how simple and practical ownership is for customers. Through this collaboration, we aim to offer flexible financing solutions that reduce entry barriers, while continuing to build a reliable and well-rounded ecosystem. It is one of several steps we are taking to ensure a consistent, dependable, and customer-focused EV experience in the country."
Commenting on the collaboration, Narendra Dixit, Head Retail Banking, CSB Bank, said: "Electric mobility is no longer a future concept; it is rapidly becoming a mainstream choice for customers and businesses alike. As adoption accelerates, there is a growing need for accessible financing solutions that enable both customers and dealers to participate in this transformation."
VinFast has an assembly plant in Tamil Nadu, a wide network of showrooms which is expected to double this year, an expanding after-sales service system, and growing partnerships with financial institutions to enhance EV accessibility for customers.
The company has introduced two premium electric SUVs, VF 6 and VF 7, both of which have achieved 5-star Bharat NCAP safety ratings, and plans to launch additional models in 2026.
The company recently extended its free charging program across the V-Green charging network until March 31, 2029.