New Delhi, August 20, 2025 – Honda Motor Co., Ltd. (Honda) has announced the establishment of a new company in India, Honda Finance India Private Ltd., aimed at providing retail sales financing solutions for customers. The new subsidiary will offer loans, lease sales, and tailored financial services to support the purchase of Honda motorcycles, cars, and related services in one of the world’s fastest-growing automotive markets.

With the Indian motorcycle and automobile markets expected to see continued growth, the number of customers relying on loans for vehicle purchases is also on the rise. Until now, such financing has primarily been driven by local banks and financial institutions. Recognizing the shift in market demand, Honda is stepping in with its own financing arm to provide flexible, customer-centric financial services that enhance ownership experiences.

Honda Finance India: Key Highlights

• NBFC License Application: Honda Finance India will apply for a Non-Banking Financial Company (NBFC) license to formally conduct financial services operations in India.
• Retail Sales Financing: Once operational, the company will offer loans and lease options across Honda’s product range, from two-wheelers to passenger cars.
• Customer-Centric Approach: Services will be designed to meet diverse customer needs, ensuring easier access to mobility solutions.

Global Expansion of Honda’s Financial Services

Financial services have long been a core pillar of Honda’s global operations. The company already operates retail financing subsidiaries in Japan, North America, Europe, and other key regions. With India’s inclusion, Honda now has local financial services operations in nine countries worldwide.

Looking ahead, Honda also plans to integrate financial solutions with the future of software-defined vehicles (SDVs). By leveraging data-driven insights from SDVs, the company aims to create innovative financial services that further enhance customer satisfaction and long-term value.

Strengthening Honda’s Commitment to India

The establishment of Honda Finance India underscores the company’s strong commitment to the Indian market—not only as a hub for manufacturing and sales but also as a key growth driver for automotive financing and customer services. By offering in-house financial solutions, Honda aims to build long-term relationships with its customers and make mobility more accessible across the country.