Indian hands of Global Electric Vehicle Brand Winfast, Winfast Auto India, have entered a memorandum (MoU) with the Central Bank of India (CBI), one of the country’s largest banks, to offer retail financing through Vinfast’s exclusive dealer network.
This partnership is designed to give a wide range of credit solutions, making it easier for customers to Vinfast EVs. Benefits include competitive interest rates, flexible repayment plans, zero processing fees, exclusive deals and adapted financing options with preference services available in full lineups of Vinfast.
To enhance the customer facility, representatives of the dedicated Central Bank of India will be deployed in all the Winfast showrooms to provide on-the-spot assistance, to ensure a smooth and accessible eV-owned experience for a broad section of Indian buyers.
By taking advantage of a huge network of 4,552 branches of Central Bank of India and more than 21,000 tissue, Winfast aims to increase its reach in urban centers and emerging markets. This partnership aligns with the wide mission of Winfast to accelerate the adoption of permanent mobility solutions in India-one of the fastest growing EV markets at the point level.
This agreement underlines Winfast’s commitment to simplify the route for electric dynamics for Indian consumers. Through competitive financing options and spontaneous support, Vinfast wants to enable more customers to experience their EVS when electric mobility is rapidly expanding and becoming an integral part of the country’s transport future.
The MoU was formally signed in the honored presence of the Executive Directors of Mr. Fam San Chow and Mr. Vivek Kumar, General Manager – Retail Asset Department, Central Bank of India, Central Bank of India: Mr. Vivek Wahi, Mr. MV Murali Krishna, and Mr. Mahendra Dohare.
Vinfast Asia CEO Mr. Fam San Chow said, “Our cooperation with the Central Bank of India is one of the largest and most trusted nationalized banks in the country, is an important step in creating a strong foundation to build a strong foundation for the development of Winfast in India. The audience also expand the presence of the brand.
The Executive Director of the Central Bank of India, Mr. Vivek Wahi said: “As India marchs towards the Net Zero emission vision, clean energy and innovative finance will be one of the driving forces towards pure zero emissions. Our alliance with Vinfast strengthens our commitment to the environment, which is with eco-committily entercitiof. June 2025. Till, we have collected for more than 295 crore and for more than 295 crores under our Green Deposit Segment and during FY 2025-26 have planned to expand the Green Finance of 1,600 crores.
As Winfast launched its VF 6 and VF 7 models, the agreement highlights the company’s ongoing efforts to set up a strong and customer-focused footprint in India. Winfast has recently inaugurated its EV assembly plant in Tamil Nadu, an important milestone in its long -term development strategy.