Honda Motor Co., Ltd. today announced the recent establishment of a new company in India, Honda Finance India Private Ltd. The new company is designed to offer customers retail sales financing services, including loans and lease sales options, for Honda products in India. This strategic move aims to strengthen Honda’s business in India by offering its own financial services, rather than relying solely on local financial institutions.
In India, the motorcycle and automobile markets are expected to see further growth. As the number of customers using loans to purchase vehicles is also projected to increase, Honda has decided to establish its own financing arm to better serve this evolving market.
Details of the New Financial Services Subsidiary
The new company, Honda Finance India Private Ltd., was established on August 1, 2025. It is located in Gurugram District, Haryana, India, and has a capital of 280 million Indian rupee (INR). As a 100% owned subsidiary of Honda Motor Co., Ltd., the company will apply for a Non-Banking Financial Company (NBFC) license to conduct its financial services business in India. After obtaining the necessary license, the company will begin offering its retail sales financing services to help customers finance their purchase of Honda motorcycles, automobiles, and related services.
Global Expertise and Future Vision
Financial services have long been a main business area for Honda, with local subsidiaries already established in Japan and key regions such as North America and Europe. With the establishment of this new company, India has become the ninth country where Honda has a local subsidiary to offer financial services. Honda aims to work on establishing long-term relationships with customers by offering flexible financial services tailored to the specific needs of customers in each region.
The company is also looking into opportunities to offer new financial services designed for future software-defined vehicles (SDVs). This forward-looking approach is aimed at increasing customer satisfaction and the value of the customer experience, further strengthening its financial services business globally.
Frequently Asked Questions (FAQs)
Q1: What is the name of Honda’s new financial services company in India? A: The new company is named Honda Finance India Private Ltd.
Q2: What is the purpose of Honda Finance India Private Ltd.? A: The company’s purpose is to offer customers retail sales financing services, including loans and lease sales options, for Honda products in India.
Q3: When was the new subsidiary established and what is its capital? A: The new subsidiary was established on August 1, 2025, and has a capital of 280 million Indian rupee (INR).
Q4: Will Honda Finance India be operating immediately? A: The company will begin offering financial services after it obtains a Non-Banking Financial Company (NBFC) license.
Q5: Is this a first for Honda globally? A: No, India is the ninth country where Honda has a local subsidiary to offer financial services.
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