THEBUSINESSBYTES
BUREAU
MUMBAI, FEBRUARY 3, 2026
AU
Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first
in over a decade to receive in-principle approval to transition into a
Universal Bank, has entered into a strategic Memorandum of Understanding (MoU)
with Honda Motorcycle & Scooter India (HMSI). The collaboration aims to
provide customers across the country with affordable, convenient, and
technology-driven financing solutions for the purchase of Honda two-wheelers.
Under the partnership, AU Small
Finance Bank will act as a preferred financier for Honda two-wheelers, offering
STP-enabled, analytics-based faster credit decisioning supported by the Account
Aggregator framework. The bank will also provide digitally enabled repayment
solutions to ensure a smoother, simpler, and more convenient financing
experience for customers. In addition, the alliance includes joint marketing
and promotional initiatives across HMSI dealerships and AU Small Finance Bank
branches nationwide.
This collaboration is expected
to help fulfil the aspirations of customers across segments, including
first-time two-wheeler buyers, by enabling quicker eligibility assessments
through a paperless process, thereby making vehicle ownership more accessible.
Honda customers will benefit from competitive financing schemes, promotional
offers, and pre-approved deals, along with end-to-end, technology-enabled loan
support from AU Small Finance Bank.
At the same time, AU Small
Finance Bank customers will gain access to Honda’s trusted and wide-ranging
portfolio of motorcycles and scooters. The bank’s seamless system integration
will enable online loan applications, real-time status tracking, and a
frictionless financing journey. The tie-up also provides AU customers with
direct access to HMSI’s extensive dealership network spread across India.
Commenting on the partnership,
Uttam Tibrewal, Executive Director and Deputy CEO, AU Small Finance Bank, said,
“Partnering with Honda Motorcycle & Scooter India marks a significant
milestone in AU Small Finance Bank’s journey of expanding mobility finance
across the country. Honda is one of the most trusted and aspirational
two-wheeler brands in India, and this collaboration strengthens our commitment
to enabling millions of customers with easier access to high-quality mobility.
As we progress toward becoming a Universal Bank, such partnerships reinforce
our national distribution strength, customer-first philosophy, and our ability
to deliver transparent and innovative financial solutions at scale.”
Yogesh Mathur, Director – Sales
and Marketing, Honda Motorcycle & Scooter India, said, “Strengthening the
financing ecosystem is central to HMSI’s customer-centric approach. This
collaboration with AU Small Finance Bank is aimed at enhancing the credit solutions
offered to customers at HMSI dealerships across India. It will simplify the
purchase journey and enable us to offer affordable and convenient financing
options, while creating trust and transparency at every stage of the buying
experience.”
Through this integrated
operational framework, both organizations aim to maximize the effectiveness of
the partnership and deliver a consistent, efficient, and customer-focused
financing experience across markets.