VinFast-SBI: VinFast India, the new EV player, has partnered with the SBI to promote EV ownership nationwide. As part of the strategic alliance revealed on August 21, 2025. India’s transition to cleaner mobility will be fostered by customized financing options.
VinFast-SBI: Key Points of the Alliance
- Smooth Financing for EV Customers: Indian buyers of VinFast cars now have the advantage of pleasing loan facilities by SBI. The buyers will have favorable interest rates, easy repayment schedules. Up to 100% on-road financing for VinFast’s new EV models, such as the VF 6 and VF 7 SUVs.
- National Footprint and Dealer Network: To ensure smooth processing, SBI will have dedicated personnel at all VinFast dealerships. Assisting buyers on-site and providing preferential loan approval. Thanks to SBI’s expansive network of over 23,000 branches, financing will be available to customers in both metro cities and emerging markets.
- Commitment to Green Initiatives: SBI is leveraging this partnership to grow its green portfolio, targeting 7.5% by 2030. The bank has already mobilized ₹128 crore via its Green Deposits program for EV loans in the last fiscal year. Supporting the government’s push for cleaner transportation.
Strategic Impact
VinFast’s alliance with SBI aligns with the introduction of its new vehicles. Inauguration of its Tamil Nadu assembly facility. Through combining local production with easy financing, VinFast plans to promote speedy EV adoption across India.
ELCTRIK Speaks
For consumers looking for both economic convenience and eco-friendly options. The VinFast-SBI partnership is offering a new age of affordable electric mobility in India.
