Bajaj FinServ (2024)

FAQs

What does the Bajaj Finserv do? ›

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.

Bajaj Group

Bajaj Finserv Ltd. / Parent organization

Synopsis. 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.

The Bajaj family controls the 97-year-old Bajaj Group, best known for motorcycle maker Bajaj Auto and financial services arm, Bajaj Finserv. The group was chaired by Rahul Bajaj, who shared the fortune with cousins Madhur, Niraj and Shekhar.

Bajaj Finance has TTM P/E ratio 30.59 as compared to the sector P/E of 29.52. There are 31 analysts who have initiated coverage on Bajaj Finance. There are 14 analysts who have given it a strong buy rating & 8 analysts have given it a buy rating. 4 analysts have given the stock a sell rating.

We may levy Bounce Charges, or Late Payment charges, if a borrower's EMI payments are irregular, as per our discretion. To know more about the applicability of these charges, click here. Borrowers should be cautious about avoiding this fee, as delayed payments can have a considerable impact on their CIBIL score.

One of Bajaj Finserv's most outstanding achievements is its innovative suite of financial products. They introduced the concept of the Bajaj Finserv EMI Network Card, which allows customers to convert their purchases into easy EMIs at more than 1 lakh partner stores across India.

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.

Where is the headquarter of Bajaj Finserv? ›

Corporate Office Address : 4th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411 014.

Rajiv Bajaj, elder son of Rahul Bajaj, was born on December 21st, 1966. He graduated first in class with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering, with distinction, from the University of Warwick in 1990.

Bajaj Finance on Thursday reported a 21% increase in net profit for the quarter to ₹3,825 crore. Net total income increased 25% to ₹9,714 crore, up from ₹7,775 crore a year ago. Assets under management expanded to ₹3,30,000 crore from ₹2,47,000 crore during this period.

Future Growth

Bajaj Finance is forecast to grow earnings and revenue by 19.2% and 24% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 21.8% in 3 years.

The Investment Information and Credit Rating Agency (ICRA) evaluates the credit risk of all the NBFCs in India. You can confidently invest in Bajaj Finance Fixed Deposit as it has the highest credit ratings— CRISIL AAA/ STABLE and [ICRA]AAA(Stable).

To build businesses that support the growth of the country by creating entrepreneurial excellence within the group.

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.

Uses of the Bajaj Finserv EMI Network Card

The card helps convert the cost of buying appliances, gadgets, and more into easy and customised instalments. You can also pay in No Cost EMIs on eligible products and make your purchase more affordable.