Vinfast India Partners with Axis Bank to Deliver Comprehensive Ev Financing Solutions

Vinfast Auto IndiaA Subsidiya of the Global Ev Brand Vinfast, Has Signed A Memorandum of Understanding (MOU) With Axis Bank, One of the Largest Private Sector Banks in India, to Provide Auto and Inventory Funancing for Foring For Dealer Network. The partnership aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch.

The mou was signed by Mr. Pham Sanh Chau, CEO of Vinfast Asia, with Mr. Munish Sharda, Executive Director, Axis Bank, and Mr. Hemant Nagpal, Business Head – Wheels at Axis Bank

Under the dealer finance tie-up, axis bank will extend up to 200 Crore Finance to Vinfast dealers. The retail Finance Agreement also brings a wide range of benefits for customers, such as attractive interest rates, flexible repayments options, 100% on-road funding, special on-road Funding, and Priority of Priority Services -pplicable Across Vinfast’s Entre Product Portfolio. Dedicated Axis Bank representatives will be available at all Vinfast Showrooms to Provide on-Site Support, Making Ev Ownership More Accessible and Convenient for India Consumors.

The collaboration enables vinfast to leverage axis bank’s extensive pan-India branch network and digital platforms to reag customers across bot urban and emerging markets. It also also aligns with the company’s broader goal of accelerating the adoption of Sustainable Transportation Solutions in India, One of the Fastest-Growing Ev Markets Globally.

The mou was signed by Mr. Pham Sanh Chau, CEO of Vinfast Asia, Along With MR. Munish Sharda, Executive Director, Axis Bank, and Mr. Hemant Nagpal, Business Head – Wheels at Axis Bank.

Mr. Pham Sanh Chau, CEO of Vinfast AsiaShared, “Financing is a critical enabler in the Ev Transition, and this mou is a strong step towards building an inclusive ecors for our buyers. By Working with a digitally Progressive Financial Institutions like,

Commenting on the collaboration, Mr. Munish Sharda, Executive Director, Axis BankSaid, said, “As Ev Adoption Accelerates, Access to Financing will play a vital role in driving this transition. Our collaboration with vinfast will offer customers Convenient Credit Solutions Tailored to its Premium Ev Lineup, Reflecting The Bank’s Browder Commitment to Sustainability. Such Partnerships also help us Empower our customers to achieve their green mobileity aspirations with ease,

As Vinfast gears up for the launch of its vf 6 and vf 7 models, this partnership highlights the company’s ongoing ongoing efforts to set and customer-focused footprint in INDIA. In Early August, The Automaker has also inaugurated its Ev Factory in Thoothukudi, Tamil Nadu, Further Reinforcing Its Long-Term Commitment to the Market.

About Vinfast
Vinfast (Nasdaq: VFS), A Subsidiya of Vingroup JSC, One of Vietnam’s Larget Congress, is a Pure-Play Electric Vehicle (“Ev”) MANUFACTURER with MAKING Evs Everyone. Vinfast’s product lineup today includes a wide range of electric success, e-scooters, and e-buses.

Vinfast is currently embarking on its next growth phase through rapid expansion of its distribution and dealershi Markets Across North America, Europe and Asia.

Learn more at: www.vinfastauto.in,

About Axis Bank
Axis bank is one of the largest private sector banks in India. Axis bank offers the entry spectrum of services to customer segments coversing large and mid-doors, sme, agriculture, and retail businesses. It has 5,879 domestic Branches (Including Extension Coups) and 14,134 ATMS and Cash Recyclers Spread Accross the Country as on 30th June 2025. Eight centers with over ~ 1,825 Virtual relationship manners as on 30th June 2025. The Axis Group Includes Axis Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A. Treds ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.

For further information on axis bank, please refer to the website: www.axisbank.com,