HDB Financial Services, a leading Non-Banking Financial Company that caters to the growing needs of an Aspirational India announced a partnership with Honda Motorcycle & Scooter India (HMSI), under which HDB Financial Services will serve as a preferred financing partner across HMSI’s dealer network in India.
The partnership is designed to enhance customer convenience by offering flexible, affordable and quick financing solutions for the complete range of Honda’s two-wheelers, addressing the needs of both mass and premium customer segments.
As part of this collaboration, customers can benefit from a simplified financing experience with customized loan-to-value (LTV) offerings for individual customer profiles, minimal documentation based largely on basic KYC, and fast turnaround times.
Firstlevel credit approvals are completed within 5–7 minutes, and the full financing process typically concludes within 20 minutes. A paperless customer journey is currently a work in progress.
Commenting on the partnership, Mr. Karthik Srinivasan, Chief Business Officer, HDB Financial Services, said, “This collaboration with Honda Motorcycle & Scooter India allows us to deepen our presence in India’s rapidly growing two-wheeler segment. By combining our financing expertise with Honda’s strong market reach, we aim to deliver speed, simplicity and value to customers at the point of purchase.”
Mr. Yogesh Mathur, Director – Sales and Marketing, Honda Motorcycle & Scooter India, added, “This association with HDB Financial Services marks a significant milestone in Honda Motorcycle & Scooter India’s journey toward building a robust and futureready financing ecosystem. By combining HMSI’s deep understanding of customer needs with the strong financial expertise of HDB Financial Services, this partnership will help create seamless and accessible financing solutions for a diverse customer base across India. It further strengthens our commitment to delivering superior value, greater convenience, and enhanced trust, ensuring that more customers can experience Honda’s mobility with ease and confidence.”
Together, HDB Financial Services and HMSI aim to drive greater financial ease for customers, support business growth and reinforce their shared focus on trust, innovation and customer-centric solutions.
About HDB Financial Services Limited:
Incorporated in 2007, HDB Financial Services (HDBFS) is a retail-focused Non-Banking Financial Company (NBFC). As a financial services provider, HDBFS offers products and service offerings to suit its customers’ requirements, across Consumer Finance, Asset Finance, and Enterprise Finance. The Company is accredited with CARE AAA and CRISIL AAA ratings for its term loans from banks and financial institutions, and a CARE A1+ rating for its commercial paper. HDBFS has a wide omni-channel distribution network comprising 1,771 branches in over 1,170 cities as of March 31, 2025.
To know more about HDB Financial Services, please visit: https://www.hdbfs.com
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