Bajaj Finance Limited, a subsidiary of Bajaj Finserv Limited, is a prominent non-banking financial company in India, engaged in lending and acceptance of deposits. Established in 1987, it has evolved from primarily providing two and three-wheeler finance to a diversified portfolio that includes consumer, SME, commercial, and rural lending, as well as deposit acceptance. With significant presence in both urban and rural regions, the company operates out of 3,733 locations and has a distribution network exceeding 154,650 points of sale.
Bajaj Finance's strategic investments include subsidiaries Bajaj Housing Finance Ltd. and Bajaj Financial Securities Ltd., and partnerships with firms like MobiKwik and Cars24. It has also ventured into co-branded credit cards with DBS Bank. The company's assets under management reached Rs 147,153 crore in fiscal 2020, reflecting its robust growth strategy. Bajaj Finance's consistent expansion, innovative financial products, and strategic partnerships position it as a leader among diversified NBFCs in India.
