Bajaj FinServ (2024)

FAQs

Is Bajaj Finserv reliable? ›

With a rating of CRISIL AAA/ STABLE and [ICRA]AAA(Stable), Bajaj Finance FD has the highest safety ratings, which ensure that your investment is safe, with low risks of delays or defaults.

What is the reason? Basis the directive received from Reserve Bank of India (“RBI”) vide its Press Release No. 2023-2024/ 1295 dated November 15, 2023 (“Press Release”), Bajaj Finance Limited has temporarily suspended sanction and disbursal of new loans under 'Ecommerce' like Amazon, Flipkart, MakeMyTrip, etc.

The Bajaj Finserv Personal Loan app is an excellent source if you need fast access to personal loans. With its seamless application process, quick approval, transparent terms and conditions, and easy track of loan transactions, it offers users with a convenient and hassle-free borrowing experience.

Bajaj Finserv Loan Against FD offers you a range of advantages; it gives you access to short-term funds quickly and easily without having to break your FD. Here your fixed deposit continues to earn interest, thus saving you a substantial portion of the interest paid on your loan.

In conclusion, while both HDFC and Bajaj Finance are significant players in the Indian financial landscape, Bajaj Finance's focus onoffers consumer finance, SME lending, commercial lending, wealth management, and insurance services.

Bajaj Finance shares dropped on BSE as investors reacted negatively to Q4 results. Motilal Oswal downgrades the stock to neutral rating citing weak FY25 guidance. Concerns include new product segments like cars, tractors, CVs, and potentially MFI.

Basis the directive received from Reserve Bank of India (“RBI”) vide its Press Release No. 2023-2024/ 1295 dated November 15, 2023 (“Press Release”), Bajaj Finance Limited has temporarily suspended sanction and disbursal of new loans under 'Ecommerce' like Amazon, Flipkart, MakeMyTrip, etc.

Reserve Bank of India (RBI) has barred Bajaj Finance, India's largest consumer financier, from sanctioning and disbursing loans under two of its lending products - 'eCOM' and 'Insta EMI Card' citing non-issuance of key fact statements (KFS) to the borrowers under these two lending products, and deficiencies in the KFS ...

yes, you can get up to 2 add on cards on Bajaj EMI card.

Providing both value and convenience via advanced technology, our partnership with RBL Bank Ltd. extends privileges of electronic payment to the entire consumer base. This aligns with the country's advance toward a cashless model and allows all beneficiaries to enjoy the perks that come with it.

Which is better Bajaj Finserv or Bajaj Finance? ›

Bajaj Finance focuses on consumer finance. Bajaj Finserv is more diversified and focuses on insurance, investment management, and retail financing. Insurance premium, interest income, fees and commission income, dividend income, and other income.

Bajaj Allianz itself isn't involved with any online money earning websites. In fact, they've warned about scams that misuse their name (https://www.bajajfinserv.in/fraud-awareness. Here's why you should be cautious: Unrealistic promises: If a website promises easy money with little effort, it's likely a scam.

For our application, a CIBIL Score of 720 or more is required with no past record of defaults. Repayment history: Repaying your EMIs on time is a sign of financial responsibility. Your credit score increases when you pay your EMI on time.

Yes, investing in Bajaj Finance Fixed Deposit is safe. It is accredited with [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings, which indicate the highest level of safety and lowest investment risk. What are the minimum and maximum investment tenure? The tenure for Bajaj Finance Fixed Deposit ranges from 12 to 60 months.

It is measured on a scale between 300 and 900, with 900 indicating maximum creditworthiness. The minimum CIBIL Score required for Bajaj Finserv Insta EMI Card is 720 or above. A score of 750 or above is considered excellent and can fetch favourable terms while availing of the Bajaj Finserv Insta EMI Card.

Bajaj Finance focuses on consumer finance. Bajaj Finserv is more diversified and focuses on insurance, investment management, and retail financing. Insurance premium, interest income, fees and commission income, dividend income, and other income.

Company Rating. The company has been assigned Long Term Issuer Credit Rating of 'BBB-/Stable' and Short Term Issuer Credit Rating of 'A-3' by S&P Global Ratings.

Bajaj Finance share price NSE Live : Financial performance

Bajaj Finance has shown an EPS growth of 28.63% and a revenue growth of 16.22% in the past 3 years. In the last twelve months, the company's revenue was 513967.50 cr, which is 24.15% higher than the previous fiscal year.