Bajaj Finserv Limited

Lending

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.

Overview

Our belief is to make a difference in the lives of people that drives the growth of the community. We take small step through the social cause to drive our objective of being socially responsible corporate. This principal has been followed over the years that our founder Mr. Jamnalal Bajaj initiated.

Our History

Our founder, Mr. Jamnalal Bajaj has initiated the culture of giving back to society in the pre-independence era. Mr. Jamnalal Bajaj, a Philanthropist had a vision to build an entity that is socially responsible. He believed in the fact that ‘common good is more important than individual gain’. Today, the group, under the able stewardship of Mr. Rahul Bajaj, with support from his sons- Rajiv Bajaj and Sanjiv Bajaj, has touched and changed many lives.

Our Beliefs

Our belief that “one life is all we have to be the best version of ourselves” and help individuals to unlock and activate their true potential. We aim to drive this with various institution and partnership, creating a common thread across the associations.