Bajaj Finance Ltd. (BAJFINANCE)

Overview

Bajaj Finance Limited is a prominent deposit-taking non-banking financial company (NBFC) based in Pune, India, providing a wide array of financial services and products to its customers. Initially known as Bajaj Auto Finance Limited, the company was incorporated in 1987 and has significantly expanded its offerings over the years. As a subsidiary of Bajaj Finserv Ltd., Bajaj Finance Limited has established a strong foothold in the Indian financial market, specializing in consumer and SME finance, commercial lending, and investment services. Its diverse range of financial solutions caters to various consumer needs, from loans and credit cards to investment products.

Products and Services

Consumer Finance: Bajaj Finance offers a variety of loans and financial products tailored to individuals, including:

• Durable, Lifestyle, and Digital Product Finance: Financing options for purchasing consumer durables, lifestyle products, and digital gadgets on easy EMIs.
• EMI Card: A unique card offering customers the ability to buy now and pay later in easy installments for a wide range of products and services.
• Two and Three Wheeler Loans: Specific loans designed to make the purchase of two-wheelers and three-wheelers more accessible.
• Personal Loans: Unsecured loans provided to individuals for various personal uses.
• Loan Against Fixed Deposit: Loans offered against the security of fixed deposits for meeting immediate financial needs without breaking the deposit.
• Extended Warranty and Home & Gold Loans: Additional warranty for products beyond the manufacturer's warranty, and financing options against property and gold.
• Retail EMI and Retailer Finance: Customized EMI solutions for retail customers and financial products for retailers.
• E-Commerce, Co-Branded Credit Card, and Wallets: Financing solutions specially designed for online purchases, along with co-branded credit cards and digital wallets for easy transactions.

SME Finance: Bajaj Finance provides a series of financial solutions aimed at small and medium-sized enterprises, including:

• Loan Against Property and Shares, Lease Rental Discounting: Loans provided against property or shares, and financing based on future lease rentals.
• Business and Professional Loans, Working Capital Loans: Financial products designed to meet the operational needs and growth aspirations of businesses and professionals.
• Developer and Used Car Finance: Tailored financing options for real estate developers and individuals looking to purchase used vehicles.

Commercial Lending: Offering short-term and flexible loan solutions for businesses, including:

• Vendor Financing, Financial Institution Lending: Customized financial solutions for vendors and institutions, including lease rental discounting and loans against securities.
• Light Engineering and Corporate Finance, Warehouse Financing: Specialized lending options for corporations in light engineering and for warehouse operations.

Investment Services: Products to help individuals and businesses grow their wealth, such as:

• Fixed Deposit: Investment opportunities with attractive interest rates and secure returns.
• Mutual Funds: Diverse mutual fund options for varying investment goals and risk appetites.

Partnership and Services: In addition to financial products, Bajaj Finance also offers partnership opportunities and services like:

• Insurance Services: A range of insurance options covering various aspects of personal and business needs.