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Honda is all set to step up its game in India, not just with cars and bikes but now also with financing. The Japanese automaker has floated a new subsidiary, Honda Finance India Private Ltd., which will soon start offering loans and leasing options to customers looking to buy Honda vehicles.

Most Indians have relied on banks and local finance companies for now to fund their motorcycle or car purchases. But with demand for 2-wheelers and passenger cars rising sharply, Honda looking forward to offer buyers the option of in-house financing, making the process smoother and more tailored to its consumers.

The company is applying for a Non-Banking Financial Company (NBFC) license before it could begin operations. Once approvals are in place, buyers will be able to avail retail loans and other finance solutions directly from Honda Finance India.

This move also puts India on the global map of Honda’s financial services network. The country now joins Japan, North America, and Europe among the nine regions where Honda runs a dedicated finance arm.

Looking ahead, Honda says it will continue to build long-term relationships by offering flexible plans and even explore new-age solutions tied to software-driven vehicles, keeping customer convenience at the heart of its strategy.

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