Bajaj Finance Limited is an Indian Non-Banking Financial Company (NBFC), in the past known as Bajaj Auto Finance Limited and an auxiliary of Bajaj Finserv Ltd, which was joined as an exclusive organization on Walk 25, 1987, Headquartered in Pune, Maharastra. The organization improved has esteemed open organization on 20 October 1987, under segment 43A(1) of the Organizations Demonstration 1956. The organization was selected as a Public Limited Company on 24 September 1988. Bajaj Car Account enlisted with Hold Bank of India (RBI) as a Non-Banking Money related Organization (NBFC) in Walk 1998. In the year 1994-95, the organization achieved its Underlying Open Offer (Initial public offering) of value share and was taken a crack at the rundown of Bombay Stock Trade (BSE) and National Stock Trade (NSE).
Bajaj Finance Ltd's monetary administrations incorporate Individual Advances, Health-related Crisis Advances, Home Remodel Credits, Advanced education Advances, Obligation Combination Advances, Shopper Solid Advances, Electronic Items Money, Way of life Fund, Independent venture Advances, Bicycle Advances, Car Advances, Development Gear Advances, Gold Advances, Vehicle Renegotiating Advances, Transient Business Advances, Advances Against Fixed Stores, Advance Against Property, Advances Against Shared Assets and Warning Administrations. The RBI grouped Bajaj Account Organization as an Asset Finance Company.
In the underlying days, the organization was advanced by the past Bajaj Auto Ltd and Bajaj Auto Finance Ltd. As indicated by the plan of the demerger of previous Baja Auto Ltd, the shareholding of Bajaj Auto Ltd in the firm has been endowed with Bajaj Finserv Ltd. In this manner, as to offer distinctive account conspires, the Bajaj organization began various branches in better places the nation over.
On 8 August 2017, Bajaj Finance went into an agreement with One Mobikwik Systems Private Limited (Mobikwik Mobile Wallet) and contributed Rs. 225 crore in the equity shares and cumulative compulsorily convertible preference shares (CCPS) of Mobikwik. Post conversion of CCPS, Bajaj Finance would hold roughly 10.83% of the equity shares in MobiKwik on a completely diluted premise.