Baid Finserv Limited, formerly known as Baid Leasing and Finance Company Limited, is a non-deposit taking Non-Banking Financial Company (NBFC) established in 1991. The company specializes in providing car loans, commercial vehicle loans, MSME loans, loans against property, and other asset-backed loans. Primarily serving semi-urban and rural areas in Rajasthan, Baid Finserv has recently expanded its operations to Madhya Pradesh, opening five new branches in 2023, and plans to further extend its presence into Gujarat and Maharashtra.
Listed on the NSE since January 2023, Baid Finserv aims to penetrate underserved markets by increasing accessibility through strategic branch expansions. The company also underwent significant corporate restructuring in 2019, incorporating Jaisukh Developers and Skyview Tie-up Private Limited, which increased its equity base. This strategic growth and diversification in financial services underscore Baid Finserv's commitment to expanding its reach and enhancing its service offerings in the financial sector.
