Bajaj Finserv Profile
Bajaj Finserv Limited, through its subsidiaries, provides life insurance, general insurance, and consumer finance products and services; and involves in wind power generation and financial products distribution primarily in India. The company sells life insurance policies and general insurance products.
The company's subsidiary, Bajaj Auto Finance Limited, offers various consumer finance products to the customers such as auto loans, personal loans, loans for consumer durables and computers, and small and medium sized enterprises finance.
The company is engaged in life and general insurance businesses through its joint ventures with Allianz SE namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Limited. The company’s financial products and services consist of mutual funds, credit cards, and home loans.
Bajaj Allianz Financial Distributors Limited, a 50:50 joint venture between the company and Allianz SE, is engaged in the business of distribution of financial products. The wind-energy project of the company operates 138 windmills in Maharashtra with an installed capacity of 65.2 megawatts.