AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to secure in-principle approval to transition into a Universal Bank, has signed a strategic Memorandum of Understanding (MoU) with Honda Motorcycle & Scooter India (HMSI). The partnership aims to make two-wheeler ownership easier and more accessible by offering customers affordable, tech-enabled financing options across the country.
As an official preferred financier for Honda, AU SFB will provide faster, analytics-driven credit decisioning through STP and Account Aggregator frameworks, along with fully digital repayment solutions. The collaboration also covers joint promotions across HMSI dealerships and AU Small Finance Bank branches, ensuring wider customer reach.
The tie-up will especially benefit first-time two-wheeler buyers, who will gain access to paperless loan processing, competitive interest rates, pre-approved offers and end-to-end digital support. Honda customers will be able to apply online, track loan status in real time and enjoy a seamless, transparent purchase experience. Meanwhile, AU SFB customers will gain direct access to Honda’s extensive dealership network across India.
Commenting on the partnership, Mr. Uttam Tibrewal, Executive Director & Deputy CEO, AU Small Finance Bank, said the collaboration marks a significant milestone in strengthening mobility finance nationwide. He added that Honda’s aspirational brand image, combined with AU’s digital-first approach, will empower millions with smoother access to high-quality mobility solutions.
Mr. Yogesh Mathur, Director – Sales & Marketing, Honda Motorcycle & Scooter India, said the partnership reinforces HMSI’s customer-first strategy by enhancing credit availability at dealerships and simplifying the purchase journey through more accessible and convenient financing options.
