VinFast Auto India partners  with CSB Bank for EV financing

NEW DELHI, Mar 24:  Electric carmaker VinFast Auto India on Tuesday said it has partnered with CSB Bank to provide auto and inventory financing for its dealer network.
The company has signed a Memorandum of Understanding (MoU) with CSB Bank for the purpose,  VinFast Auto India said in a statement.
The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of electric SUVs — VF 6 and VF 7, supporting VinFast’s growth strategy in the world’s third-largest automotive market, it added.
“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,” VinFast India CEO, Tapan Ghosh said.
CSB Bank Head Retail Banking, Narendra Dixit said as adoption of electric mobility accelerates, there is a growing need for accessible financing solutions that enable both customers and dealers to participate in this transformation.
“The Special partnership with VinFast is a step forward in that direction. 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 dealer networks through tailored auto loans and inventory financing solutions,” he added.
While it has introduced electric SUVs, VF 6 and VF 7 in the Indian market, Vinfast said it plans to launch additional models in 2026 to meet the diverse green mobility needs of consumers. (PTI)