Distinguished heritage of the “Bajaj” brand, which enjoys widespread recognition
The Bajaj group was founded in 1926. It is a prominent Indian conglomerate known for its diverse business interests across various sectors. Bajaj Housing Finance is a wholly-owned subsidiary of Bajaj Finance Limited, which is among India’s largest NBFCs, based on AUM, as at March 31, 2024 (Source: CRISIL Report, Company RHP)
Track record of strong growth driven by a diversified portfolio
Bajaj Housing Finance has demonstrated a consistent growth trajectory over their seven-year operational history, even amid challenging events such as the NBFC crisis, the downturn of key industry players and the unprecedented impacts of COVID-19. They have grown to be the second largest HFC and were the eighth largest NBFC-UL in India (in terms of AUM) as at March 31, 2024. (Source: CRISIL Report, Company RHP)
Strategic presence with omni-channel sourcing strategy
Bajaj Housing Finance has a strategic presence across mortgage-centric markets with the following key components: branches, centralized hubs and active channel partners.As at March 31, 2024, their distribution network included 215 branches, six centralized hubs for retail underwriting and seven centralized processing hubs for loan processing and 1,784 active channel partners (Source: Company RHP)