VinFast Auto teams up with SBI to offer vehicle financing

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NEW DELHI: VinFast Auto India has announced a partnership with the State Bank of India (SBI) to provide customers with convenient loan options.

The collaboration is designed to offer a comprehensive range of financing solutions ahead of the electric automaker’s first product launch in India.

Through this partnership, VinFast will tap into SBI’s extensive network of nearly 23,000 branches across the country, reaching customers in both urban and emerging markets, the company said in a statement.

“This partnership will provide competitive and accessible financing solutions while expanding the brand’s reach, ensuring a smooth and integrated EV ownership experience,” said VinFast Asia CEO Pham Sanh Chau.

VinFast, a subsidiary of Vietnam-based Vingroup JSC, is preparing to launch its VF 6 and VF 7 electric models in the Indian market.

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