Bajaj Finance Bajaj Finance
Bajaj Finance

About Us

About Us

We are one of India’s leading and most diversified financial services companies, serving 80.41 million customers, digitally via our App & Web, and at 4,092 locations and 190,000 active distribution points across the country. At the heart of our business lies innovation and financial inclusion. For over 36 years, we have enabled India’s growing mass affluent and middle-class population to access a range of financial services, from loans and fixed deposits to payments and investments.

We are one of India’s leading and most diversified financial services companies, serving 80.41 million customers, digitally via our App & Web, and at 4,092 locations and 190,000 active distribution points across the country. At the heart of our business lies innovation and financial inclusion. For over 36 years, we have enabled India’s growing mass affluent and middle-class population to access a range of financial services, from loans and fixed deposits to payments and investments.

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Company Overview

A subsidiary of Bajaj Finserv Ltd., Bajaj Finance is a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and classified as an NBFC-Investment and Credit Company (NBFC-ICC).

Since inception, we have leveraged technology to launch 22 product lines and 46 product variants for retail, MSME and commercial consumers, with major product innovations such as EMI card and Flexi.

With significant presence across urban and rural India, our products include consumer loans, personal loans, rural loans, Loan against Securities, SME & Commercial loans, and public and corporate deposits.

We are transforming ourselves into a customer-centric, digital-first enterprise through omnipresence across physical, mobile, and web mediums, led by a payments platform.

We are focused on delivering frictionless experiences to customers through smart use of data, analytics and innovations.

Bajaj Finance has a credit rating of AAA/Stable for its Fixed Deposit program from CRISIL and ICRA, AAA/Stable for long-term borrowing from CRISIL, India Ratings, CARE and ICRA, and A1+ for short-term borrowing from CRISIL, India Ratings and ICRA. It has a long-term issuer credit rating of BBB-/Stable and a short-term rating of A-3 by S&P Global ratings.

Bajaj Finance has two wholly owned subsidiary companies: Bajaj Housing Finance Ltd, one of the fastest growing housing finance companies in the country, and Bajaj Financial Securities Ltd, an all-in-one digital stockbroker that combines demat, broking, and margin trade financing for retail and HNI clients.

Our Journey

Our Journey Our Journey

We started as a humble two-wheeler finance company, Bajaj Auto Finance Limited, incorporated on 25th March 1987. A decade later, we were registered with RBI as a Non-Bank Company.

Between 2000 and 2010, we expanded our expertise beyond two & three-wheelers and durables to business, property, and a whole host of other personal needs financing. In 2008 -2009, we launched Loan Against Property and Business Loan business. Between 2010 and 2011, loans against securities – Retail Business came into the picture.

In line with our fast-diversifying finance portfolio, we changed our name to Bajaj Finance Limited on 6th September 2010. Between 2011 and 2012, we launched the flagship product of EMI Cards and Professional Loans and Salaried Loans business.

2011-2013 was a period of innovation for us. We launched India's first and only EMI Card and the Flexisaver in 2012. Owing to this spirit of innovation, we reduced the approval time for Durable and Lifestyle Financing from 15 minutes to 5 seconds flat by 2011.

In 2013 – 2014, we grew our rural lending business and introduced the Fixed Deposits business.

We launched gold loans for the urban market in January 2016 in 60 markets, taking the total to 85 from 25 markets.

Between 2016 – 2017 we launched innovative life care finance, which allows for elective surgery to be financed, with close to 2,500 hospitals and clinics in top-30 cities as partners across the country.

Aiming to be a well-diversified company, in 2017, we picked up a nearly 11% stake in mobile wallet major Mobikwik for about Rs. 225 crores.

Bajaj Financial Securities started its operation in 2019. In 2020, the company launched Bajaj Finserv Health, and the Nanoo Pamnani Technology Innovation & Collaboration Centre was established.

Awards and Accolades

Awards and Accolades Awards and Accolades

It is gratifying that our endeavours to enhance the lives of our employees and customers are recognised. With a strong emphasis on growth, innovation, and well-being, we strive to become an organisation that exceeds consumer expectations by making every interaction seamless It is also our employees who translate our brand vision into reality. We support a collaborative, high-performance culture where everyone has an equal chance to be their best. Being acknowledged as a great place to work fills us with a sense of pride

Latest News

India needs another 10 Bajaj Finances to realise its potential
The Economic Times, 17th June

India needs another 10 Bajaj Finances to realise its potential

  • In an interview with ET Now, Sanjiv Bajaj stated, “For India to realise its full potential, the country will need another ten Bajaj Finances and ten HDFC Banks.”
  • Bajaj believes the next decade could belong to India despite the uncertainty over inflation.
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Rate hike taking us closer to pre-pandemic levels: Sanjiv Bajaj
The Economic Times, 8th June

Rate hike taking us closer to pre-pandemic levels: Sanjiv Bajaj

  • CII President Sanjiv Bajaj points out that the increase in repo rate is normalisation of rates to take it close to where it was before COVID-19 hit us.
  • “I do not see the current rate hike as having a significant dampener for credit growth. Good quality projects will get access to capital,” adds Sanjiv Bajaj.
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Sanjiv Bajaj Says World Looking Up to India Amid Sombre Mood
Bloomberg, 23rd November

Sanjiv Bajaj Says World Looking Up to India Amid Sombre Mood

  • Over the next decade, there is no reason why India should not play a stronger role, Sanjiv Bajaj says.
  • A number of sectors in India are seeing uptick in capex cycle, Bajaj said, adding not just commodities, but also real estate and construction, and logistics.
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