The portfolio surpassed the milestone in August 2026, with the vehicle loan business registering a three-year of 26 per cent and a five-year CAGR of 29 per cent, the bank said in a statement.
The franchise remains AU SFB’s largest lending business and accounts for nearly one-third of the bank’s overall loan portfolio. It serves more than 13.7 lakh customers across the country.
As of August 2026, the portfolio comprised Rs 30,752 crore in new vehicle finance, Rs 17,966 crore in pre-owned and Rs 1,767 crore in two-wheeler finance, it said.
The business, which began in 1996 in Rajasthan with a focus on and transport operators, has expanded its presence across urban, semi-urban and rural markets, it said.
AU SFB has more than 3,000 service touchpoints, and its wheels franchise is serviceable across nearly 2,000 locations, it said.
The lender has also been integrating analytics, automation and AI-led capabilities across its lending operations as part of its initiatives.
“Crossing Rs 50,000 crore AUM in our wheels business is a deeply meaningful milestone because it represents the foundation on which AU was built nearly three decades ago. What started with a simple belief in supporting hardworking entrepreneurs and self-employed individuals has today grown into a franchise trusted by over 13 lakh customers across India,” AU SFB Founder, MD and CEO said.
He further said, the wheels franchise will remain a key growth engine as AU SFB moves towards its transition into a universal bank.
as a Reliable and Trusted News Source
(You can now subscribe to our )