Bajaj FinServ (2024)

FAQs

Who owns Bajaj Finserv? ›

Bajaj Group

Bajaj Finserv Ltd. / Parent organization

Bajaj Finserv Ltd: Overview

Its offerings include personal loans, consumer durable loans, small business loans, construction equipment loans, loans against property and shares, two- and three-wheeler financing, and advisory and investment planning services.

Is a Bajaj Finserv loan safe? Yes, a Bajaj Finserv loan is a safe loan to borrow as Bajaj Finserv follows strict lending guidelines. Bajaj Finserv offers ample features through its secured and unsecured offerings and doesn't levy any hidden charges.

Track your Bajaj Finserv loan application status offline

New customers can call us on 8698010101 or send us an SMS on 9773633633 with the keyword 'SHOL'.

Founded by Jamnalal Bajaj, a freedom fighter, philanthropist and a close confidant of Mahatma Gandhi, the Bajaj Group, is one of the most respected and renowned business houses of India.

Providing both value and convenience via advanced technology, our partnership with RBL Bank Ltd. extends privileges of electronic payment to the entire consumer base. This aligns with the country's advance toward a cashless model and allows all beneficiaries to enjoy the perks that come with it.

Bajaj Finance shares dropped on BSE as investors reacted negatively to Q4 results. Motilal Oswal downgrades the stock to neutral rating citing weak FY25 guidance. Concerns include new product segments like cars, tractors, CVs, and potentially MFI.

Customer-Centric Approach

One of the secrets to Bajaj Finserv's success is their unwavering commitment to putting customers first. Their "Customer First" philosophy has not only helped them gain trust but also set industry benchmarks for customer service.

CEO - Bajaj Finserv Asset Management Limited

Ganesh Mohan is the Chief Executive Officer of Bajaj Finserv Asset Management Limited, the wholly-owned subsidiary of Bajaj Finserv Limited.

In conclusion, while both HDFC and Bajaj Finance are significant players in the Indian financial landscape, Bajaj Finance's focus onoffers consumer finance, SME lending, commercial lending, wealth management, and insurance services.

Is Bajaj Finserv worth it? ›

Bajaj Finserv has low foreclosure and pre-payment charges that make this step affordable. You have to only ensure that the part pre-payment amount is greater than the value of one EMI. Fast approval, a high loan amount and flexible repayment modes make a personal loan from Bajaj Finserv better than the rest.

Bajaj Finserv is a deposit-taking non-banking financial company (NBFC) in India. It operates in various financial sectors, including lending, insurance, wealth management, and more. As a diversified NBFC, Bajaj Finserv provides a wide range of financial products and services to cater to diverse consumer needs.

11% to 38% p.a. Up to 3.93% of the loan amount (inclusive of applicable taxes). *Loan amount includes approved loan amount, insurance premium, and VAS charges. In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied.

For example, the Bajaj Finserv Personal Loan offers instant approval, in some cases, within 5 minutes of application. Further, Bajaj Finserv also offers quick disbursals, and you can have the entire sanction in your bank account within 24 hours of approval.

Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid. Choose the repayment tenure – you can select tenure options of 6 months to 96 months and click on 'PROCEED'. Complete your KYC and submit your application.

Bajaj is a 100 year old Indian industrial conglomerate started by shri Jamnalal Bajaj. Bajaj Group has a solid track record of building profitable and sustainable businesses. Bajaj Finserv came into existence as “Financial Services Arm” of the group post the demerger of Bajaj Auto Limited in FY06.

The Bajaj Group is amongst the most respected business houses in India. It is a multinational conglomerate founded by the renowned Gandhian, Late Shri Jamnalal Bajaj in the year 1926. Shri Jamnalal Bajaj was a visionary and philanthropist and one of the distinguished patriarchs of the freedom struggle.