Bajaj Finance Limited is an Indian non-banking financial company (NBFC) headquartered in Pune, Maharashtra. It is a subsidiary of Bajaj Finserv Limited and forms part of the wider Bajaj Group, one of India's oldest business conglomerates. The company is engaged in lending and allied financial services across consumer, small and medium-sized enterprise (SME), commercial and rural segments.
| Type | Non-banking financial company (NBFC) |
|---|---|
| Industry | Financial services |
| Headquarters | Pune, Maharashtra, India |
| Parent | Bajaj Finserv Limited |
| Group | Bajaj Group |
| Country | India |
| Listings | BSE, NSE |
Bajaj Finance operates within the regulatory framework laid down by the Reserve Bank of India for non-banking financial companies. It is classified among the larger NBFCs in India and is publicly listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company's product portfolio covers consumer durable financing, two-wheeler and personal loans, loans against property, business loans, securities lending, and deposits.
The company sits within the Bajaj Finserv group, which is the financial services arm of the Bajaj Group. Bajaj Finserv holds the controlling stake in Bajaj Finance, while Bajaj Finance itself has subsidiaries that extend its reach into housing finance and securities-related businesses. The wider Bajaj Group, founded by Jamnalal Bajaj, also includes Bajaj Auto and other industrial and services entities.
Bajaj Finance is known in the Indian retail market for its consumer durable loan offering, which provides point-of-sale financing for products such as electronics, appliances and lifestyle goods through partnerships with retailers. Its other major activities include:
Bajaj Finance is regarded as one of the prominent players in India's NBFC sector and is frequently cited in discussions of retail credit penetration in India, particularly in consumer durable financing and digital-led lending. Its growth has been associated with the broader expansion of organised retail credit and digital onboarding in the Indian financial services industry.