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 is aimed at delivering a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7, supporting VinFast’s growth strategy in the world’s third-largest automotive market.
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. Dedicated CSB Bank relationship managers will also provide on-site support at dealerships, ensuring a smooth and convenient financing experience and making EV ownership more accessible.
The collaboration will enable VinFast to leverage CSB Bank’s strong pan-India presence and expanding branch network to extend EV financing solutions across diverse markets. With its growing national footprint and focus on customised financial solutions, CSB Bank aims to support the wider adoption of electric mobility by enabling easier access to financing for customers across the country.
The MoU was signed by Tapan Ghosh, CEO of VinFast India, along with Narendra Dixit, Head Retail Banking, CSB Bank.
“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,” said Tapan Ghosh, CEO, VinFast India.
“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. 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 network through tailored auto loans and inventory financing solutions,” said Narendra Dixit, Head Retail Banking, CSB Bank.
VinFast continues to strengthen its EV ecosystem in the Indian market, with an assembly plant in Tamil Nadu, a nationwide network of showrooms expected to double this year, an expanding after-sales service system, and growing partnerships with financial institutions to enhance 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. It is also rolling out initiatives aimed at reducing financial and psychological barriers for customers, including an assured resale value programme and transparent buyback schemes. The company has extended its free charging programme across the V-Green charging network.
The “Trade Gas for Electric” programme is also being implemented across multiple markets, offering additional incentives of 3 per cent for electric cars and 5 per cent for electric two-wheelers for customers switching from gasoline-powered vehicles.
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