“Carrying decades of commitment to business ethics, Bajaj Finserv provides the highest standards of financial services.”
(Chairman and MD, Bajaj Finserv)
Financial service companies help people in investing and effective money management. It is this sector that makes people aware of how they can make the most of their savings. Empowering people financially, these companies provide loans to individuals, businesses and organisations. Catering to the financial needs of India, Bajaj Finserv offers a wide range of financial services.
Bajaj Finserv is the financial arm of the Bajaj Group. Incepted in 2007, it is a core investment company under RBI regulation 2020. Bajaj Finserv is the fastest-growing and most diversified NBFC in India. The company works diligently with the vision to provide various financial solutions for retail and SME customers. Be it loans, mutual funds, insurance, investments or any other financial services, Bajaj Finserv is the one-stop shop for all.
THE MAN BEHIND THE BRAND
Holding the position of Chairman and Managing Director of Bajaj Finserv, Sanjiv Bajaj has a reputation for pioneering digital consumer financing in India. Guiding the company with the right business strategies, Sanjiv drives the tremendous growth of the company that places Bajaj Finserv as one of India’s leading diversified financial services with various solutions including life insurance, general insurance, and wealth advisory category.
Under his leadership, Bajaj Finserv reconceptualizes the entire financial service landscape with consumer first digital approach and excellent innovative disruption. Sanjiv is also the President of the Confederation of Indian Industry (CII) for 2022-23. For his stellar expertise, Sanjiv Bajaj has won many awards to his name including ET’s Business Leader of the year 2018, Ernst & Young’s Entrepreneur of the Year 2017 and Most Valuable CEO in India for 2015 & 2016 by Business World.
THE STELLAR JOURNEY OF BAJAJ FINSERV
Demerging from Bajaj Auto Limited to form a separate entity, Bajaj Finserv was incorporated in April 2007 to focus entirely on the group’s financial services. This helped the group to focus on the core competencies of the Auto, Insurance and Finance sectors independently. Offering extensive financial services without any hassle makes Bajaj Finserv a dynamic player in the financial services space.
With the aim of becoming the most trusted financial services provider in the country, Bajaj Finserv delivers flawless, high-quality and reliable services. The company strives to deliver better services for its customers by enhancing the efficiency of the highest standards and timely execution.
Providing end-to-end financing solutions, the extensive product portfolio of the company includes three broad categories; lending, insurance and wealth advisory. With 24 products spread across 12 product lines, the services of the company include:
- Loans: Personal Loans, Instant Loans, Business Loans, Home Loans, Gold Loans, MSME Loans, Mortgage Loans, Loan Against Property, Education Loans On Property, and many more.
- Insurance: Health Insurance, Motor Insurance, Car Insurance, Two Wheeler, Life Insurance, Home Insurance, Travel Insurance and more.
- Investments: Fixed Deposits, Systematic Deposit Plans, Demat Accounts and Mutual Funds
Apart from this, Bajaj Finserv also provides various services including Finance For Professionals, Bajaj Mall, Value Added Services, Wallets & Cards, pocket Insurance and many more.
CSR BY BAJAJ FINSERV
With the firm belief that the company’s full growth lies in making the lives of people a little better and not just in financial metrics, Bajaj Finserv contributes generously to social causes. Walking on the path of the company’s Founder, Jamnalal Bajaj, the company gives back to society and realises its objective of being a socially responsible corporate.
Bajaj Finserv has associated itself with different initiatives including healthcare, children’s welfare and other social issues. In addition to this, the company has also started a Certificate Programme in Banking, Finance and Insurance. This certification program equips finance graduates to be industry ready and shape a better future for the country.
AWARDS AND RECOGNITION
With a spear-headed focus on offering the best financial services, Bajaj Finserv has added many feathers to its cap. The most prominent of them are:
- The company won ‘Company of The Year’ in 2019 By The Economic Times for Corporate Excellence
- Recognised as ‘Dream Employer of The Year’ by The World HRD Congress in 2022
- In 2020, Bajaj Finserv was awarded Best Lending Tech Award in Fintech Category at the 10th India Digital Summit
- The company has bagged Mint Corporate Strategy Award 2018
- The CFO of the company, Sandeep Jain was awarded the ‘FE CFO Awards 2022’ in servicing sector category
THE PATH AHEAD
With the highest standards of corporate governance and uncompromising values, Bajaj Finserv has successfully built the trust and confidence of its customers with its trustworthy and reliable services. The company is working with a vision to establish a brand on which people can rely on without any doubt. Bajaj Finserv is eyeing to become a preferred partner for all integrated financial services.