Bajaj Finance Ltd.

Bajaj Finance, one of the largest non-banks in India, has received an approval for formation of a Housing Finance Company as a wholly owned subsidiary (WOS). The board of directors at their meeting held on September 10, 2014 has approved for the same. The board has also authorized the management to initiate formalities for setting up the same.

Further, the board has also reviewed the performance of the company’s mortgage business spanning across Loan against Property / Home Loans & Lease Rental Discounting.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company offers personal loans for home renovation, marriage in family, holiday, and medical expenses without providing security or guarantors.