VinFast Auto partners with SBI for vehicle finance

Source : PTI | VinFast Auto India on Friday said it has joined hands with State Bank of India to facilitate loans for customers.

The agreement aims to offer a seamless suite of credit solutions ahead of the electric automaker’s first product rollout in the country.

The collaboration allows the automaker to leverage State Bank of India’s extensive pan-India network of nearly 23,000 branches to reach customers across urban and emerging markets alike, Vinfast Auto said in a statement.

“This partnership will not only offer convenient and competitive financing solutions, but also extend the brand’s presence to a broader audience, enabling a seamless and holistic EV ownership journey,” VinFast Asia CEO Pham Sanh Chau said.

VinFast, a subsidiary of Vietnam-based Vingroup JSC, is gearing up for the launch of its VF 6 and VF 7 models in India.