Bajaj Finance Limited Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Bajaj Finance Limited?

Bajaj Finance Limited is a top non-banking financial company (NBFC) in India. It offers many financial services. Here is a clear overview of its main products and services.

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1- Consumer Finance

• Personal Loans: Unsecured loans that you can use for different needs like travel, medical bills, or home repairs.
• Consumer Durable Loans: Loans to buy electronics and appliances are offered at appealing monthly payments through partner stores.
• Two-Wheeler Loans: Loans to help you buy motorcycles and scooters with good interest rates and flexible repayment options.
• Used Car Loans: Loans made for buying pre-owned cars.

2- Business Finance

• Business Loans: These are loans without collateral for small and medium businesses to help them operate and grow.
• Working Capital Loans: These are short-term loans that help businesses cover their day-to-day expenses.
• Equipment Financing: These loans are for buying machinery and equipment needed for business operations.

3- Loan Against Property

• Bajaj Finance gives loans backed by residential or commercial properties. Borrowers can get a large amount based on the property's market value. This money can be used for different needs, like growing a business or making personal investments.

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4- Home Loans

• Home Loan: Options to finance a new home with low interest rates and long repayment periods.
• Home Improvement Loans: Loans made for renovating or expanding current homes.

5- Investment Solutions

• Fixed Deposits: The company offers fixed deposits with good interest rates, letting customers invest for a set period.
• Mutual Funds: Bajaj Finance provides a platform to invest in various mutual fund schemes that are suitable for different risk levels and financial goals.

6- Insurance Products

• Life Insurance: Bajaj Finance provides life insurance through partnerships with top insurers, helping customers feel financially secure.
• Health Insurance: The company offers a complete health insurance plan to protect against medical costs.

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7- Digital Products

• Bajaj Finserv App: This app helps customers manage their accounts, apply for loans, and invest easily.
• Online Account Management: Customers can check their loan statements, track payments, and access financial services on the website or app.

8- Credit Cards

• Bajaj Finance offers credit cards with other banks and brands. These cards give customers different rewards and benefits.

9- Education Loans

• Loans help students pay for their higher education in India or abroad. They cover tuition fees, living expenses, and other related costs.

Q2. Who are the Promoters/Management of Bajaj Finance Limited?

Sanjiv Bajaj is the chairman and Managing Director of Bajaj Finserv Limited. He is a alumnus of Harvard Business School.

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