Bajaj Housing Finance is a housing finance company (HFC) registered with the National Housing Bank (NHB), actively engaged in mortgage lending since Fiscal 2018. The company offers tailored financial solutions for both individuals and corporate clients looking to purchase or renovate residential and commercial properties. Their mortgage products include home loans, loans against property, lease rental discounting, and developer financing.

The company’s primary focus lies in individual retail housing loans, supplemented by a range of lease rental discounting and developer loans, catering to a diverse customer base that spans from individual homebuyers to large-scale developers. As of 31 March 2024, Bajaj Housing Finance’s Assets Under Management (AUM) reached INR 91,370.40 crore, reflecting a robust compound annual growth rate (CAGR) of 30.9% between Fiscals 2022 and 2024.

The average home loan size was INR 0.46 crore, with an average loan-to-value ratio of 70.5%. Notably, 75.8% of the company’s home loan AUM originated from customers with a CIBIL score exceeding 750. As part of the Bajaj Group, Bajaj Housing Finance had 308,693 active customers as of 31 March 2024, with 81.7% being home loan customers. The company operated 215 branches across 174 locations in 20 states and three union territories.