What Does Bajaj Finance Company Do

Bajaj Finance is a non-banking financial company (NBFC) that provides a range of financial services, including consumer finance, small business loans, and wealth management. The company was founded in 1987 and is headquartered in Pune, India. Bajaj Finance has a nationwide presence with over 1,000 branches and 70,000 employees. The company’s loan products include personal loans, home loans, two-wheeler loans, and business loans. Bajaj Finance also offers a variety of investment products, including mutual funds, fixed deposits, and insurance policies. The company has a strong financial track record and has been profitable for over 30 years. Bajaj Finance is a well-respected brand in India and is known for its customer service and innovation.

Consumer Lending

Bajaj Finance Company (Bajaj Finserv) is a leading non-banking financial company (NBFC) in India. It offers a range of financial services, including consumer lending and financing. Bajaj Finserv’s consumer lending portfolio includes personal loans, two-wheeler loans, consumer durable loans, and credit cards. Bajaj Finserv offers personal loans for various purposes, such as debt consolidation, home improvement, and medical expenses.

Bajaj Finserv’s two-wheeler loans are designed to help customers finance the purchase of new or used two-wheelers. The company offers flexible repayment options and attractive interest rates. Bajaj Finserv also provides consumer durable loans for financing the purchase of home appliances, electronics, and furniture. Bajaj Finserv’s credit cards offer customers a convenient and secure way to make purchases and manage their finances.

Financing

Bajaj Finance Company is a leading provider of financing solutions for businesses and individuals. The company offers a range of financing products and services, including working capital loans, business loans, and equipment financing. Bajaj Finserv’s working capital loans are designed to help businesses meet their short-term funding needs. The company offers flexible repayment options and competitive interest rates.

Bajaj Finserv’s business loans are designed to help businesses finance their growth and expansion. The company offers long-term loans with attractive interest rates and flexible repayment options. Bajaj Finserv also offers equipment financing solutions to help businesses acquire the equipment they need to operate efficiently.

Insurance

Bajaj Finance Company offers a range of insurance products, including:

  • Life insurance
  • Health insurance
  • Motor insurance
  • Home insurance
  • Travel insurance

Wealth Management

Bajaj Finance Company offers a range of wealth management services, including:

  • Mutual funds
  • Fixed deposits
  • Bonds
  • Shares
  • Portfolio management
Product Features Benefits
Life insurance
  • Coverage for death, disability, and critical illness
  • Tax benefits
  • Financial security for your loved ones
  • Peace of mind
Health insurance
  • Coverage for medical expenses
  • Cashless hospitalization
  • Protection from high medical costs
  • Peace of mind
Motor insurance
  • Coverage for damage to your vehicle
  • Third-party liability coverage
  • Protection from financial losses
  • Peace of mind
Home insurance
  • Coverage for damage to your home and belongings
  • Protection against theft and burglary
  • Protection from financial losses
  • Peace of mind
Travel insurance
  • Coverage for medical expenses, lost luggage, and flight delays
  • Emergency assistance
  • Protection from unexpected events
  • Peace of mind
Mutual funds
  • Diversified portfolio of stocks and bonds
  • Professional management
  • Potential for higher returns
  • Convenience
Fixed deposits
  • Fixed interest rate for a specified period
  • Low risk
  • Stable returns
  • Security
Bonds
  • Debt instrument issued by companies and governments
  • Fixed interest payments
  • Regular income
  • Diversification
Shares
  • Equity ownership in a company
  • Potential for capital appreciation
  • Higher returns
  • Risk
Portfolio management
  • Professional management of your investments
  • Customization to your financial goals
  • Optimized returns
  • Convenience

Housing Finance and Mortgages

Bajaj Finance Company offers a range of housing finance solutions tailored to meet the diverse needs of homebuyers and property investors. Its housing finance portfolio includes:

  • Home Loans: For the purchase of new or resale homes, flats, or apartments.
  • Home Construction Loans: For the construction of new houses or extensions to existing ones.
  • Home Improvement Loans: For renovations, repairs, or upgrades to existing homes.
  • Balance Transfer Loans: To transfer and consolidate existing home loans from other lenders to Bajaj Finance Company, potentially at a lower interest rate.
  • Mortgage Loans: Secured loans against residential properties to meet various financial needs.
Loan Type Loan Amount Loan Tenure Interest Rates
Home Loan Up to 100% of the property value Up to 30 years Starting from 8.60%
Home Construction Loan Up to 90% of the project cost Up to 15 years Starting from 9.10%
Home Improvement Loan Up to 50 lakh Up to 10 years Starting from 10.70%
Mortgage Loan Up to 75% of the property value Up to 15 years Starting from 10.00%

Key Features of Bajaj Finance Company’s Housing Finance:

  • Competitive interest rates: Interest rates starting from 8.60%.
  • Flexible repayment options: Choose from a variety of repayment options to match your financial situation.
  • Quick approval process: Fast and hassle-free loan approval process.
  • Online application: Apply for a loan online from the comfort of your home.
  • Dedicated customer support: Get assistance from a dedicated team of experts throughout the loan process.

Digital Lending and Payments

Bajaj Finance Company is a leading non-banking financial company (NBFC) in India. It offers a wide range of financial products and services, including digital lending and payments.

The company’s digital lending platform offers quick and easy personal loans, business loans, and two-wheeler loans. Customers can apply for a loan online or through the company’s mobile app. Bajaj Finance also offers a range of payment options, including debit card, credit card, and net banking.

The company’s digital lending and payment services are designed to make it easy for customers to access financial services. Bajaj Finance also provides a high level of customer service, with a team of dedicated experts available to assist customers with any questions or issues.

Benefits of Digital Lending

  • Quick and easy application process
  • Competitive interest rates
  • Flexible repayment options
  • Convenient access to financial services

Benefits of Digital Payments

  • Secure and convenient way to make payments
  • Wide range of payment options
  • Easy to track spending
  • Quick and easy to make payments
  • Quick and easy application process
  • Competitive interest rates
  • Flexible repayment options
  • Tailored to the specific needs of businesses
  • Competitive interest rates
  • Flexible repayment options
  • Quick and easy application process
  • Competitive interest rates
  • Flexible repayment options
  • Secure and convenient way to make payments
  • Widely accepted
  • Easy to use
  • Secure and convenient way to make payments
  • Widely accepted
  • Earn rewards points
  • Convenient way to make payments
  • Secure and easy to use
  • Widely available
Bajaj Finance Company’s Digital Lending and Payment Services
Service Benefits
Personal loans
Business loans
Two-wheeler loans
Debit card
Credit card
Net banking

Thanks for hanging out with us and learning about Bajaj Finance Company! We hope this article has cleared up any questions you had and given you a better understanding of what they do. If you’re curious about anything else, feel free to pop back in and we’ll be happy to chat. Until next time, keep exploring and learning about the world of finance!