Gurugram, Haryana, India | 17th September 2025: VinFast Auto India, a subsidiary of global electric vehicle (EV) manufacturer VinFast, has signed a strategic Memorandum of Understanding (MoU) with ICICI Bank, one of India’s leading private sector banks. The collaboration is designed to provide auto loans and dealer inventory financing, making VinFast’s newly launched VF 6 and VF 7 electric SUVs more accessible to Indian customers.
Seamless Financing Solutions for EV Buyers
Through this partnership, VinFast customers in India will gain access to customized financing benefits, including:
- 100% on-road funding
- Attractive interest rates
- Flexible repayment options
- Priority banking services across VinFast’s full product lineup
ICICI Bank will also deploy dedicated representatives at VinFast showrooms nationwide, ensuring hassle-free support and making EV ownership in India more convenient.
Expanding Reach Through ICICI Bank’s Network
By leveraging ICICI Bank’s pan-India branch network and digital banking platforms, VinFast will be able to serve customers across metro cities, Tier-2, and emerging markets. This aligns with VinFast’s broader vision of accelerating sustainable mobility solutions in one of the world’s fastest-growing EV markets.
Leadership Insights on the Partnership
Speaking at the signing, Mr. Pham Sanh Chau, CEO of VinFast Asia, said:
“Driving home an electric vehicle should be an exciting and effortless journey, and accessible financing plays a vital role. Partnering with ICICI Bank enables us to empower customers with flexible loan options and equip our dealers with the resources they need to grow. Together, we are advancing clean, convenient, and inclusive mobility in India.”
Mr. Munish Gaur, Product Head – Vehicles, ICICI Bank, added:
“As EV adoption accelerates in India, financing solutions will play a critical role. Our collaboration with VinFast reflects ICICI Bank’s commitment to supporting customers in achieving their green mobility aspirations through convenient credit options.”
Strengthening VinFast’s India Growth Strategy
The launch of the VF 6 and VF 7 models marks a pivotal step in VinFast’s expansion in India. Recently, the company also inaugurated its EV assembly plant in Tamil Nadu, a milestone that underscores its long-term growth strategy and commitment to the Indian EV market.
