According to the agreement, customers will have access to flexible loan packages with many incentives such as: 100% financial support for the car's rolling price, competitive interest rates, flexible installment options, and priority services, applicable to the entire VinFast product range. ICICI Bank's dedicated representatives will be present at all VinFast showrooms to provide direct support, making the process of owning an electric car more convenient and accessible to many customers in India.
This partnership will enable VinFast to leverage ICICI Bank’s extensive branch network and digital platform to reach customers in urban areas and emerging markets. At the same time, this is also a strategic move to promote green mobility in India, one of the fastest growing electric vehicle markets in the world .
The Memorandum of Understanding was signed by Mr. Pham Sanh Chau - General Director of VinFast Asia and Mr. Munish Gaur - Product Director of Vehicles, ICICI Bank.
Mr. Pham Sanh Chau (left) - General Director of VinFast Asia and Mr. Munish Gaur - Product Director of Vehicles of ICICI Bank at the signing ceremony.
Mr. Pham Sanh Chau, General Director of VinFast Asia, shared: "Access to convenient finance will play a key role in bringing exciting, easy, and convenient electric vehicle ownership experiences. And by cooperating with ICICI Bank, we bring customers effective financial solutions, while supporting dealers to expand their operations. VinFast's goal is not only to create value at the time of purchase, but also throughout the ownership journey, contributing to creating a new era of mobility that is greener, more convenient and for everyone."
“As the adoption of electric vehicles accelerates, access to financing will be key to unlocking this transformation, ” said Munish Gaur, Head of Automotive Products, ICICI Bank. “Through this partnership, ICICI Bank provides customers with convenient access to VinFast’s premium electric vehicle financing packages, while demonstrating its commitment to accompanying customers on their journey to conquer green aspirations.”
In the context of VinFast's recent launch of two new models, VF 6 and VF 7, this cooperation agreement continues to affirm the company's efforts in building a solid foothold in India, in the spirit of putting customers first. Previously, VinFast also inaugurated an electric vehicle assembly plant in Tamil Nadu, marking an important milestone in its long-term development strategy in this market.
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About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure electric vehicle (EV) manufacturer with a mission to make electric vehicles more accessible to everyone. VinFast’s current product portfolio includes a diverse range of electric SUVs, electric scooters, electric bicycles, and electric buses.
VinFast is entering the next phase of growth through rapidly expanding its global distribution and dealer network and strengthening its production capacity, focusing on key markets in North America, Europe and Asia.
Learn more at: https://www.vinfastauto.in/
Source: https://vinfastauto.com/vn_vi/vinfast-an-do-hop-tac-cung-icici-bank-trien-i-giai-phap-tai-chinh-toan-dien-cho-xe-dien
![[Photo] Prime Minister Pham Minh Chinh chairs the second meeting of the Steering Committee on private economic development.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/11/01/1762006716873_dsc-9145-jpg.webp)
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