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Website. www .bajajhousingfinance .in. Bajaj Finance Limited ( BFL) is an Indian non-banking financial company headquartered in Pune. [6] [7] It is one of the leading non-banking financial companies (NBFCs) of India with a customer base of 83.64 million and holds assets under management worth ₹330,615 crore (US$41 billion), as of March 2024.
Bajaj Finance was initially incepted as Bajaj Auto Finance in 1987. Later diversified into business and property financing. Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. Being one of the private insurance companies in India, it offers insurance products for financial planning and security.
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. Bajaj Consumer Care Ltd. is the third-largest player in India's hair oils production, including light hair oil.
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Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.
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