Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited to further the Group’s interests in financial services. This demerger enabled Bajaj Finserv to independently run the core businesses of Lending, Insurance and Wealth Advisory. Bajaj Finserv Limited is the holding company for the businesses dealing with financial services of the Bajaj Group.
Its insurance joint ventures with Allianz SE, Germany, namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are engaged in life and general insurance business respectively. Its subsidiary Bajaj Finance Limited is a Non-Banking Finance Company engaged in consumer finance, SME finance and commercial lending and wealth management.
At Bajaj Finserv, we believe that the good is the enemy of great. It is this belief that drives us to better our best selves every day. Our unmatched portfolio and innovative solutions across lending, insurance and wealth advisory bears testimony to this belief.
Bajaj Finance Limited is the lending and wealth advisory arm of Bajaj Finserv Limited. It is the most diversified non-bank in the country with 19 product lines across consumer, commercial and SME finance, making it one of the most profitable companies in the category.
Bajaj Finserv Limited forayed into insurance through a joint venture with Allianz SE, Germany, and formed Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited.
Bajaj Finserv Wealth Management provides simple and effective long term financial planning concepts and tools for assisting our customers in making informed decisions for their saving and investment needs.