Bajaj Finance Limited (BFL), the lending and investment arm of Bajaj Finserv Group is listed on The Stock Exchange (BSE) and the National Stock Exchange (NSE).
Bajaj Finance Ltd., has diversified business across consumer, payments, rural, SME, commercial & mortgages segments. For Mortgage business, BFL also operates through a 100% subsidiary namely, Bajaj Housing Finance Limited (BHFL) which is registered with National Housing Bank (NHB) as a Housing Finance Company (HFC). BHFL started its operations in FY2018 and all the incremental mortgage business is now done through BHFL.
Protection and savings
Bajaj Allianz General Insurance Company Limited (BAGIC) is a joint venture between Bajaj Finserv Limited and Allianz SE, a German financial services company. Bajaj Allianz General Insurance received an Insurance Regulatory and Development Authority of India (IRDAI) certificate of registration on 2 May 2001 to conduct general insurance business, including health insurance, in India.
Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv Limited and Allianz SE, a European financial services company. Being one of the private insurance companies in India, it offers insurance products for financial planning and security. Bajaj Allianz Life Insurance began operations on 12 March 2001 and today has presence pan-India.
Digital and Online Platform
Bajaj Financial Holdings Ltd., a wholly-owned subsidiary, has firmed up new business plans for undertaking activities on digital and online platform to augment the business of the Company’s subsidiaries and has changed its name to Bajaj Finserv Direct Ltd.
In addition, there are wind-farm assets in Maharashtra with an installed capacity of 65.2 MW.