Mumbai, May 19, 2026: Mahindra & Mahindra Ltd. has partnered with DBS Bank India to launch what the companies describe as India’s first sustainability-linked dealer financing program in the automotive sector.
The initiative aims to encourage authorised Mahindra dealerships to adopt sustainable business practices by offering preferential interest rates on loans used for the purchase of passenger and commercial vehicles.
According to the companies, the financing framework defines environmental, social and governance (ESG) performance parameters under Mahindra’s Green Dealership Program. Dealerships will be evaluated on indicators including greenhouse gas emissions, water consumption, renewable energy usage, rainwater harvesting, waste management practices, availability of public electric vehicle charging facilities and sales of electric SUVs.
Under the structure developed jointly by Mahindra and DBS Bank India, dealerships achieving progress on ESG parameters and sustainability targets will be eligible for commercial benefits linked to financing terms.
Nalinikanth Gollagunta, Chief Executive Officer – Automotive Division, Mahindra & Mahindra Ltd said, “The launch of our sustainability-linked dealer financing programme with DBS Bank India comes as India stands at a critical juncture in its sustainability journey. As a company with a long-standing commitment to sustainability we very much see it as our responsibility to support India’s sustainability ambitions. The launch of this financing program will enable us to step up the breadth of our decarbonisation efforts, bring our dealerships into the fold and drive a reduction in Scope 3 emissions.”
Divyesh Dalal, Managing Director and Country Head – Global Transaction Services, Corporate Banking – Financial Institutions and SMEs, DBS Bank India said, “DBS is proud to partner with Mahindra & Mahindra to turn green ambitions into reality. Our new financing program goes beyond the balance sheet, providing the practical tools needed to decarbonise their dealer network at scale. We have leveraged our cross-border expertise to customise this innovative solution that supports our client’s growth, while driving the transition to a net-zero future.”
Terence Yew Tiek Yong, Managing Director and Group Head of Corporate Sales & Solutioning, Global Transaction Services, DBS Bank added, “DBS is proud to have partnered Mahindra & Mahindra in driving prominence of ESG among its dealers. DBS is supporting Mahindra & Mahindra by incentivising their dealer network to promote EV adoption in the community and enable higher ESG standards of operations and investment.”
The initiative aligns with Mahindra & Mahindra’s broader decarbonisation strategy and India’s climate commitments under the Paris Agreement, including the country’s target of achieving net-zero emissions by 2070.
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