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Bajaj Housing Finance is provides various housing finance products and services to individuals and businesses, including home loans, loan against property, and other related products. [ 36 ] Bajaj Finserv Asset Management Company is an asset management company . [ 37 ]
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [6] [7] It has a customer base of 88.11 million [8] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
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Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money.
The Bajaj Group is involved in industries such as sugar, consumer goods, power generation, and infrastructure development. In 1953, Kamalnayan Bajaj established Bajaj Sevashram to market and sell hair oils and other beauty products. [5] Bajaj Consumer Care Ltd. is the third-largest player in India's hair oils production, including light hair oil.
Bajaj began his career in 1994 with Bajaj Auto. [8] [9] During his years at Bajaj Auto, he held various leadership roles [10] [11] in finance, legal, and international business functions within the organisation. [12] [13] [14] He was credited with bringing American-style supply chain management to Bajaj Auto, using General Motors as a model.