The partnership makes HDFC Bank the preferred financier for all Stellantis brands in India, offering customers digital loan disbursals within 30 minutes.
06 Aug 2025 | 3766 Views | By Angitha Suresh
Citroën India has entered into a partnership with HDFC Bank to provide retail and dealer finance solutions, the companies announced on August 6, 2025. The collaboration makes HDFC Bank the exclusive preferred financier for all Stellantis brands operating in India, including Jeep, Maserati, and Citroën.
The memorandum of understanding ...
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Citroën India has entered into a partnership with HDFC Bank to provide retail and dealer finance solutions, the companies announced on August 6, 2025. The collaboration makes HDFC Bank the exclusive preferred financier for all Stellantis brands operating in India, including Jeep, Maserati, and Citroën.
The memorandum of understanding was signed by Shishir Mishra, Business Head and Director of Strategic Partnerships and Institutional Business at Stellantis India, and Akhilesh Kumar Roy, Business Head of Auto Loans, Inventory Finance and Two-Wheeler Loans at HDFC Bank.
Under the partnership, customers will have access to competitive interest rates and flexible repayment options. The agreement introduces the HDFC Xpress Car Loan, which offers loan disbursals within 30 minutes through a digital platform that eliminates physical documentation requirements.
The collaboration extends beyond customer financing to include dealer support. Citroën dealer partners will receive customized floorplan finance solutions, preferential terms, and working capital funding designed to support their operations and growth.
HDFC Bank's auto loan portfolio stood at over Rs. 1.48 lakh crore as of June 30, 2025, representing a significant portion of the bank's retail assets segment. The bank has been active in automobile financing for more than two decades and maintains an extensive pan-India network.
This partnership strengthens the existing relationship between Stellantis and HDFC Bank, which previously covered the Jeep and Maserati brands. The expansion to include Citroën reflects the companies' strategy to provide comprehensive financial solutions across the Stellantis brand portfolio in India.
Citroën, established in 1919, operates in 101 countries with 6,200 sales and service points worldwide. The brand offers vehicles ranging from electric mobility solutions to SUVs and commercial vehicles, with many available in electric or hybrid versions. HDFC Bank is India's largest private sector bank, providing various banking and financial services across the country.