Bajaj Finance Share Price
Bajaj Finance is trading 0.15% higher at Rs 8,436.55 compared to its last close price. Bajaj Finance is trading in the price range of 8,492.95 and 8,301.45. Bajaj Finance has given 23.49% this year and 10.77% in last 5 days.
31 analysts have initiated coverage on Bajaj Finance. Out of these, 11 analysts have given it a strong buy rating and 12 analysts have given it a buy rating. 4 analysts have given a sell rating to the stock.
The company posted a net profit of Rs 4,246.54 crore in its last quarter.
Listed peers of Bajaj Finance are Bajaj Finance Limited (0.15%), Power Finance Corporation Limited (5.19%), Cholamandalam Investment & Finance Company Limited (4.01%) etc.
What is Bajaj Finance?
There are many loan giving companies in the market which provide you with different types of loans, one of which is a well-known and famous company Bajaj Finance. Bajaj Finance Company is one of the most reliable loan giving companies in India which provides all types of loans.
Bajaj Group was founded by Shri Jamuna Lal Bajaj who was a resident of Sikar, Rajasthan
Bajaj Finance or Bajaj Finserv was formed in 2007 after separation from Bajaj Auto Limited. Bajaj Group started focusing on financial services and made Bajaj Finance as a separate institution, then after that the entire process of demerger took place in 2008. In this way Bajaj Finance or Bajaj Finserv was formed which provides offline and online loans in India. Basically, you can know that Bajaj Finance or Bajaj Finserv is a loan giving company which provides loans.
What does Bajaj Finance do?
Basically Bajaj Finance provides loans in various fields. Bajaj Finance provides loans in India online and offline at cheap rates and easily. Bajaj Finance or Bajaj Finserv makes EMI network cards so that you can easily shop in easy installments. You can take loan or EMI for all electronics, gadgets, furniture, cars, bikes etc. through Bajaj Finserv or Bajaj Finance card.
Bajaj Finance Loan Service
- Bajaj Finance offers Personal Loans
- Insta Personal Loan
- Business Loan
- Gold Loan
- Loan for Doctors
- Medical Equipment Finance
- Loan for CA
- Commercial Loan
- Home Loan
- Property Loan
- Lease Rental Discounting
- Loan Against Security
- Two Wheeler Loan
- Used Car Finance
- Loan Against Car
- Car Loan Balance Transfer and Top Up
How to take loan from Bajaj Finance or how to take online loan from Bajaj Finance
- To take loan from Bajaj Finserv or Bajaj Finance, first of all you have to open the website of Bajaj Finserv or Bajaj Finance https://www.bajajfinserv.in/ on your browser
- After the website opens, you have to click on Apply or OK button
- After clicking on apply now, a form will open in which you will have to fill your basic required information like name, address, mobile number, email address etc. You will have to fill in this form and submit it.
- After filling the correct information, you will have the option of Get OTP, click on it.
- After clicking, you will get an OTP number which you will have to fill and submit.
- After submitting the OTP, you will have two options, one is salaried and the other is self employed. You may be from any field, use your field correctly, then it will ask you for date of birth, fill that date of birth
- Fill the monthly salary you get
- You will have to fill in your PAN card details, then if you have any EMI, it should be big, otherwise fill 0
- You will have to submit the form, later you will have to fill another email address
- Where you see the bank option, fill in the bank details
- After this, it will ask you about the old home loan, if you have taken an old home loan, then select Yes, otherwise fill No
- After clicking on No, you will have to click on get offer
- After clicking on get offer, the loan amount you can get will be shown to you, after this you will have to fill whatever amount you are getting in get offer
- After this, use the select tenor option, select the number of days within which you can return the loan, select the EMI i.e. installment yourself, if you choose a higher amount, then you will have to pay less EMI or installment because paying more installment But you pay less interest and your EMI is also completed quickly
- After this you will see the processing fee on the loan which is 4% on the loan
- You have to click on the Apply now option and fill in your job details, then you have to click on the submit button. After doing all this, you will get the option of net banking, you have to select the bank in which your salary comes. You can also login to this option or skip it.
- After doing all this, your loan is sent to the credit manager of Bajaj Finance. After this, the credit manager approves the loan according to your credit score and civil and you get the loan.
If you follow these steps, then you get the loan easily.
Documents to take loan from Bajaj Finance
Identity proof or documents required for identification
- Voter ID
- PAN card
- Driving license
- Aadhar card
- Passport
Documents required for income
- Last 6 months statement of current bank account Along with this, salary slip of last 4 months
- Net banking for verification
Documents required for KYC
ITR return up to 2 years
Business record
If someone is a businessman, then turnover record of the business and along with this, bank statement of 2 years is required
All the documents we have told you above are very important to take loan from Bajaj Finance. Whenever you go to take a loan, keep these documents with you.
What is Bajaj Finance EMI Card and how does it work?
The EMI Network Card, also known as Insta EMI Card, is a unique financing option offered by Bajaj Finance that helps you convert your purchases into smaller monthly installments. This card allows you to make large purchases and pay them in easy installments. You can shop across a wide range of products like kitchen appliances, clothing, electronics, etc.
Bajaj Finance Personal Loan Interest Rate
- Interest rate for travel loan – 11.49%
- Interest rate for personal loan – 11.49%
- Plexi loan interest rate – 11.49%
- Medical emergency loan – 11.49%
- Chartered accountant loan interest rate – 14% – 15%
- Marriage loan interest rate – 11.49%
- Doctors loan interest rate – 14% – 16%
- Self employed loan interest rate – 18% or more
Benefits of taking a loan from Bajaj Finance
- The amount of Bajaj Finance loan taken is transferred to the bank within 24 hours
- You can take a loan of more or less amount from Bajaj Finance or Bajaj Finserv
- The amount for low EMI is 1.45%
- The biggest advantage of taking a loan from Bajaj Finance or Bajaj Finserv is that you can repay the loan easily
- People get loan from Bajaj Finance or Bajaj Finserv in minimum time
- You can get loan from Bajaj Finance or Bajaj Finserv with less documents and online from home
- Loan from Bajaj Finance or Bajaj Finserv gets approved quickly and you can get loan easily
- You can also get loan approved from Bajaj Finserv
- Bajaj Finance loan is completely transparent, nothing is hidden from you in it, the interest to be charged on EMI is made absolutely clear to you