Bajaj Finance’s subsidiary company -- Bajaj Housing Finance has hiked its lending rate by 0.50 percent and the lowest priced product for the salaried and professional applicants will be 7.70 percent now. The revisions come amid a rising interest rates scenario, which has seen the RBI hiking its key lending rate by 1.40 per cent since May to tame inflation.
Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.
