Bajaj Finance Ltd.

Bajaj Finance, a non-banking financial services player, aims to disburse up to Rs 2,000 crore in home loans to the affluent class in FY16. The company which is gearing to launch a dedicated housing finance subsidiary next fiscal expects to start operations in the first quarter of FY16.

The company is eyeing to target the affluent and super affluent sections of society for its home loans business and focus on the self-employed category. A typical loan to the self-employed would be between Rs 1.2 crore and Rs 1.3 crore, while a loan to a salaried person would be between Rs 75 lakh and Rs 80 lakh.

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.