Bajaj FinServ (2024)

FAQs

Is Bajaj Finserv worth it? ›

Bajaj Finserv has low foreclosure and pre-payment charges that make this step affordable. You have to only ensure that the part pre-payment amount is greater than the value of one EMI. Fast approval, a high loan amount and flexible repayment modes make a personal loan from Bajaj Finserv better than the rest.

Is a Bajaj Finserv loan safe? Yes, a Bajaj Finserv loan is a safe loan to borrow as Bajaj Finserv follows strict lending guidelines. Bajaj Finserv offers ample features through its secured and unsecured offerings and doesn't levy any hidden charges.

Customer-Centric Approach

One of the secrets to Bajaj Finserv's success is their unwavering commitment to putting customers first. Their "Customer First" philosophy has not only helped them gain trust but also set industry benchmarks for customer service.

High stability and credibility: Stability and safety of income are most important for senior citizens. Bajaj Finance's FDs feature an AAA rating by ICRA and an AAA stable rating by CRISIL. This ensures that your investment is in safe hands.

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.

In simple words, a penal charge or interest is imposed by Bajaj Finance if the borrower fails to pay their EMIs on the due date.

Here are some of the benefits of availing of a Bajaj Finserv Business Loan: Flexi loan facility – Reduce EMIs by up to 45%*, withdraw money when you need it, and prepay when you can with our Flexi loan facility. High loan amount – Get an ample sum up to Rs. 75 lakh for your business needs.

While the minimum CIBIL Score required for the Bajaj Finserv Insta EMI Card is 720, you should aim to fortify your creditworthiness by aiming for a score of 750 or more. The general consensus among lenders is that a score within the range of 750–900 is excellent.

Future criteria checks 5/6

Bajaj Finance is forecast to grow earnings and revenue by 19.2% and 24% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 21.8% in 3 years.

How big is Bajaj Finserv? ›

Part-prepay your personal loan:

Prepaying a portion of your loan reduces the principal amount, which thereby helps you reduce your monthly EMIs on a personal loan. If you have extra cash and you want to reduce your EMIs, you can choose a part-prepayment facility and pay off your debts earlier than expected.

Bajaj Finance FDs are AAA rated from agencies like CRISIL and ICRA, and offer high interest rates of up to 8.85% p.a. That is why over 5 lakh depositors have trusted Bajaj Finance with deposits of over Rs. 50,000 crore.

Eligibility for investing in an NRE fixed deposit

With simple terms of eligibility, you can open an NRE fixed deposit if you meet the criteria mentioned below: You are an NRI or a Person of Indian Origin (PIO) or an Overseas Citizen of India (OCI) You have an NRE savings account.

HDFC Bank is often listed as the best FD scheme to invest in India.

Bajaj Finserv co-branded credit cards are tailor-made, especially for frequent travellers. It offers exclusive airport lounge access, accelerated rewards, movie ticket offers, and fuel surcharge waivers. Moreover, the interest-free cash withdrawal benefit ensures you have your funds when needed.

BFS: Consolidated Performance Highlights for FY2022

Consolidated revenue of ₹ 68,439 crore. Consolidated profit after tax of ₹ 4,557 crore. BFL consolidated profit after tax of ₹ 7,028 crore.

Is Bajaj Finance Ltd Share a good buy for the long term ? According to analyst recommendations, Bajaj Finance Ltd Share has a "Buy" rating for the long term.