VinFast Auto India, the Indian arm of global EV maker VinFast, has signed a Memorandum of Understanding (MoU) with ICICI Bank to provide auto and inventory financing solutions for its exclusive dealer network. The partnership aims to make owning VinFast’s newly launched VF 6 and VF 7 electric vehicles more convenient and accessible for customers across India.
Under this collaboration, customers will be offered customised credit options such as 100% on-road funding, attractive interest rates, flexible repayment plans, and priority services across VinFast’s entire product range. Dedicated ICICI Bank representatives will be available at all VinFast showrooms to provide on-the-spot assistance, streamlining the buying experience.
By leveraging ICICI Bank’s extensive nationwide branch network and digital platforms, VinFast plans to expand its reach into both urban and emerging markets, supporting India’s rapid shift towards sustainable mobility.
The MoU was signed by Mr. Pham Sanh Chau, CEO of VinFast Asia, and Mr. Munish Gaur, Product Head – Vehicles, ICICI Bank. Mr. Chau said, “Buying an electric vehicle should be exciting and effortless. With ICICI Bank, we are giving customers flexible financing and helping our dealers scale quickly, making EV ownership simpler and more inclusive.”
Mr. Gaur added, “As EV adoption grows, financing will be crucial. This partnership will help customers access convenient credit options for VinFast’s premium EV range and supports our commitment to green mobility.”
