With a shared vision to simplify vehicle ownership and enhance financial accessibility, Citroën India has partnered with HDFC Bank, India’s largest private sector bank. This strategic alliance will provide best-in-class retail and dealer finance solutions for customers and dealers alike. The Memorandum of Understanding (MoU) for this partnership was signed by Shishir Mishra, Business Head & Director – Strategic Partnerships & Institutional Business, Stellantis India, and Mr. Akhilesh Kumar Roy – Business Head – Auto Loans, Inventory Finance and Two-Wheeler Loans, HDFC Bank.
HDFC Bank Becomes Preferred Financier for all Stellantis Brands in India
This strategic move further strengthens the Stellantis–HDFC alliance, making HDFC Bank the exclusive preferred financier for all Stellantis brands in India. This includes Jeep, Maserati, and now Citroën. Leveraging HDFC Bank’s extensive pan-India reach and a proven legacy as one of the most trusted automobile financiers for over two decades, the tie-up empowers both Citroën customers and dealer partners with strong financing support.
Enhanced Convenience for Customers
For customers, this partnership brings enhanced convenience and accessibility with competitive interest rates and flexible repayment options. One of the standout features is the HDFC Xpress Car Loan, an industry-leading solution offering 30-minute digital disbursals through a 100% digital interface, which eliminates the need for any physical documentation. This makes the car buying journey smoother, faster, and more customer-friendly. As of June 30, 2025, HDFC Bank’s Auto Loan book stood over Rs. 1.48 lakh crore.
Shishir Mishra, Business Head & Director – Strategic Partnerships & Institutional Business, Stellantis India, commented on the announcement. He said,
“New-age customers are increasingly seeking smart, flexible financing solutions that align with their lifestyles and convenience. They value speed, transparency, and convenience in their car-buying journey, making innovative finance options a key decision driver.” He added, “This partnership with HDFC Bank not only strengthens our financing ecosystem but also reaffirms our commitment to delivering holistic, convenient and trusted experiences across all touchpoints.”
Driving Dealer Growth with Financial Agility
For Citroën dealer partners, the collaboration unlocks a suite of customized floorplan finance solutions designed to support day-to-day operations and growth. Dealers will benefit from preferential terms, competitive rates, and a wide range of financial products tailored to their business needs. The partnership also ensures seamless processing for working capital and inventory funding, empowering dealers with greater financial agility and operational efficiency.
Mr. Arvind Vohra, Group Head – Retail Assets, HDFC Bank, said,
”We are pleased to partner with Citroën for offering a simplified auto-financing journey. HDFC Bank’s vast geographical footprint, consumer-centric banking products and robust credit intelligence capabilities will unlock a speedier and convenient auto ownership journey.”
Frequently Asked Questions (FAQs)
Q1: Who has Citroën India partnered with for retail and dealer finance? A: Citroën India has partnered with HDFC Bank, India’s largest private sector bank.
Q2: What are the benefits for customers under this new partnership? A: Customers will get competitive interest rates, flexible repayment options, and the HDFC Xpress Car Loan, which offers 30-minute digital disbursals with zero paperwork.
Q3: What is the HDFC Xpress Car Loan? A: The HDFC Xpress Car Loan is an industry-leading solution offering 30-minute digital disbursals through a 100% digital interface, which eliminates the need for any physical documentation.
Q4: Is HDFC Bank the preferred financier for other Stellantis brands in India? A: Yes, HDFC Bank is now the exclusive preferred financier for all Stellantis brands in India, including Jeep, Maserati, and Citroën.
Q5: What advantages will this partnership bring to Citroën dealer partners? A: Dealer partners will benefit from a suite of customized floorplan finance solutions, preferential terms, competitive rates, and seamless processing for working capital and inventory funding, giving them greater financial agility.
Q6: What was HDFC Bank’s Auto Loan book value as of June 30, 2025? A: As of June 30, 2025, HDFC Bank’s Auto Loan book stood at over Rs. 1.48 lakh crore.
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