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Axis Bank inks MoU with VinFast Auto India
Sep-09-2025

Axis Bank has signed a Memorandum of Understanding (MoU) with VinFast Auto India, a subsidiary of the global EV brand VinFast, to provide auto and inventory financing for VinFast Auto India’s exclusive dealer network. The partnership aims to offer a seamless suite of credit solutions ahead of VinFast Auto India’s highly anticipated launch.

Under the Dealer finance tie-up, the Bank will extend up to Rs 200 crore finance to VinFast Dealers. The retail finance agreement also brings a wide range of benefits for customers, such as attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers, and priority services-applicable across VinFast Auto India’s entire product portfolio. Dedicated Axis Bank representatives will be available at all VinFast Auto India showrooms to provide on-site support, making EV ownership more accessible and convenient for Indian consumers. 

The collaboration enables VinFast Auto India to leverage Axis Bank’s extensive pan-India branch network and digital platforms to reach customers across both urban and emerging markets. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.

Axis Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

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