Is there any difference between Bajaj Finance and Bajaj Finserv?

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Is there any difference between Bajaj Finance and Bajaj Finserv?

Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company (NBFC). The company deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management.

Is Bajaj Finserv good for long term investment?

For safe long-term investments, grow your money by investing in fixed deposits. Financiers like Bajaj Finance offer an interest rate that is higher than that offered by most FD providers. This makes it ideal for you to invest in Bajaj Finance Fixed Deposits for long-term benefits.

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Can we invest in Bajaj Finserv?

Customers investing in a Bajaj Finance FD can benefit from one of the best interest rates in the country. You can also gain an additional 0.10\% interest by investing in a Bajaj Finance online FD – an end-to-end online process that enables you to invest from the comfort of your homes.

Is it safe to invest in Bajaj Finance FD Quora?

Fixed deposits, be it from Bajaj Finserv, or any other lender, including a financial institution such as NBFCs (Non-Banking Financial Companies), is always safe. In fact, among all the investment options, fixed deposits are the safest.

Is Neeraj Bajaj related to Rahul Bajaj?

Niraj Bajaj, who is the cousin of Rahul Bajaj, has 35 years of experience in the industry. He had joined Bajaj Auto in September, 2006.

Who is manager of Bajaj Finserv?

Rajeev Jain
Rajeev Jain At Bajaj Finserv , Rajeev has charted an ambitious growth path for the company. The company is at an inflexion point and owes its exponential growth from a captive finance company to a most diversified non-bank in India today.

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How big is Bajaj Finance worth?

Until a few days ago, Bajaj Finance was valued at ₹165,000 crore, up from a mere ₹50,000 crore two years ago, but has since fallen to ₹137,000 crore after the recent carnage.

What is the maximum investment in Bajaj Finserv direct limited (bfsd)?

The Board of Directors of Bajaj Finance Limited at their meeting held on July 20, 2021, has approved an investment up to Rs284cr in Bajaj Finserv Direct Limited (BFSD). After the annoucement the company stock hit a day’s high of Rs6221.20 per piece early on Thursday.

What is the interest rate of fixed deposit in Bajaj Finance?

If you’re looking for a 1-year investment plan with great returns and negligible risk, Bajaj Finance offers FD with an interest rate of 5.65\% for individuals below 60 years of age. These FD rates can go up to 5.75\% for online FD customers, and up to 5.90\% for senior citizens.

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Who is the Master policyholder of the Bajaj Finance Group insurance?

This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101.

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