Bajaj Finance Ltd.

Bajaj Finance has registered over 5-fold jump in the fixed deposit book from Rs 2038 crore in December 31, 2015 to Rs 11,489 crore in December 31, 2018. The company also witnessed a growth in the book size of over 90% in the third quarter of FY19 (Q3FY19) as compared to the second quarter ended September 30, 2018 (Q2FY19).

The company witnessed a trend of investors opting for longer tenor of 36 - 48 months for investing in fixed deposit. 56% of the investors opted for over 36 months of tenor while investing in Bajaj Finance fixed deposit. The average investment witnessed was over 3 lakh in Bajaj Finance fixed deposit.

Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.