HDB Financial Services announced a partnership with Honda Motorcycle & Scooter India (HMSI) on January 30, under which HDB Financial Services will serve as a preferred financing partner across HMSI's dealer network in India to offer flexible and affordable financing solutions for Honda's range of scooters and motorcycles.
The collaboration leverages HDB's network of over 1,700 branches with presence in Tier 2, 3, and 4 markets to provide simplified financing to customers in both urban and rural India.
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."
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 future‑ready 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."
According to the company, this partnership aims to drive financial ease for customers, support business growth and reinforce the companies' focus on trust, innovation and customer-centric solutions.
HDB Financial Services is a retail-focused Non-Banking Financial Company incorporated in 2007. The company offers products across Consumer Finance, Asset Finance, and Enterprise Finance. HDBFS 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 network of 1,771 branches in over 1,170 cities as of March 31, 2025.