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Citroën India has announced a strategic collaboration with HDFC Bank to provide comprehensive retail and dealer financing solutions. The partnership positions HDFC Bank as the exclusive preferred financier for all Stellantis brands operating in India, including Jeep, Maserati, and Citroën.
The MoU was signed by Shishir Mishra, Business Head and Director of Strategic Partnerships and Institutional Business at Stellantis India, and Akhilesh Kumar Roy, Business Head of Auto Loans, Inventory Finance, and Two-Wheeler Loans at HDFC Bank.
Through this collaboration, customers will benefit from competitive interest rates and flexible repayment options. The agreement introduces the HDFC Xpress Car Loan, enabling loan disbursals in just 30 minutes via a digital platform, eliminating the need for physical documentation.
The partnership also extends support to Citroën dealers by offering customized floorplan finance solutions, preferential terms, and working capital funding to support their operations and business growth.
As of June 30, 2025, HDFC Bank’s auto loan portfolio stood at over ₹1.48 lakh crore, forming a major part of the bank’s retail assets. With over two decades of experience in automobile financing, the bank has a vast network across India.
This move further strengthens the existing relationship between Stellantis and HDFC Bank, which previously covered Jeep and Maserati. The inclusion of Citroën broadens the financial service offerings across the entire Stellantis portfolio in India.
Founded in 1919, Citroën operates in 101 countries with a global network of 6,200 sales and service points. The brand offers a wide range of vehicles including electric mobility solutions, SUVs, and commercial vehicles. HDFC Bank, India’s largest private sector bank, provides extensive banking and financial services across the nation.
