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Investment Amount | - |
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Franchise | https://www.bajajfinserv.in/finance/ |
Important Notes
No details found.Registered Office
Address : Mumbai–Pune Road, Akurdi, Pune–411035, Maharashtra, India
Corporate Office
Address : 4th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014
Telephone Number
+91 20 30405060
Contact Number
020 3957 4151
Fax Number
+91 20 30405020
Email Address
Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited to further the Group’s interests in financial services. This demerger enabled Bajaj Finserv to independently run the core businesses of Lending, Insurance and Wealth Advisory.
Bajaj Finserv Limited is the holding company for the businesses dealing with financial services of the Bajaj Group.
Its insurance joint ventures with Allianz SE, Germany, namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are engaged in life and general insurance business respectively.
Its subsidiary Bajaj Finance Limited is a Non-Banking Finance Company engaged in consumer finance, SME finance and commercial lending and wealth management.
At Bajaj Finserv, they operate with a simple philosophy of never settling for good, and always aiming for great. Their wide and growing portfolio of products across lending, insurance and wealth advisory bears testimony to this belief.
Journey
Each milestone of their journey from a humble beginning to the most diversified non-bank in the country is proof of value delivered to each of their stakeholders.
Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited as a separate entity to focus purely on the financial services business of the group. The process of demerger was completed in Feb 2008.
This demerger was not only to unlock the value in the high growth business areas of Auto, Insurance, Finance sectors and Wind Power but to also to independently run these core businesses and strengthen their competencies.
The wind power project, the stakes in the life and general insurance companies and consumer finance along with their respective assets and liabilities got vested in Bajaj Finserv Limited. In addition to that, cash and cash equivalent of INR 8,000 million (then market value) was also transferred to the company.
The demerger has enabled investors to hold separate focused stocks and also facilitated transparent benchmarking of the companies to their peers in their respective industries.
The constantly changing demographics and dynamics of the Indian economy, has led to creation of various needs of the customer. The Indian customer now demands proper avenues of channelizing their savings, financial protection and is also desirous of spending more on valuable goods and services. All these wants need to be met by dynamic players in the financial services space. Bajaj Finserv was formed specifically to cater to these needs. The company was also formed to touch and improve the lives of a growing number of people in the country, and in doing so, deliver superior corporate values to its shareholders.
The operating companies carry with them the Bajaj brand, which carries with it decades of commitment to business ethics, integrity and highest standards of fiduciary responsibility.
Brand Identity
Bajaj Finserv is the financial services company of the Bajaj Group. Its current business lines include Lending and Wealth Advisory services through Bajaj Finance Limited and Protection through Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance.
Bajaj Finserv Limited and Bajaj Finance Limited operate under the Bajaj Finserv brand. Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited operate under the Bajaj Allianz brand.
With the intention to build a set of financial service businesses in coming years that share the Bajaj Finserv Group’s common values of reliability, innovation and efficiency and provide customers with high quality products and services, Bajaj Finserv has created its brand identity.
The new identity is easily identifiable and yet distinct. All the businesses under Bajaj Finserv would use the common identity in a coherent manner such that consumers experience the Bajaj Finserv values and identify the new brand identity with the same through each business.
Brand ‘Bajaj Finserv’ is symbolised by a unique visual identity that aligns their various businesses for their consumers and business partners, distinguishes it from competitors and promotes the strong values that Bajaj Finserv stands for.
Bajaj Finserv’s brand completely embodies its growth and services.
The current Bajaj logotype identifies and stands on the very established and respected Bajaj identity and the 3 dimensional seal with the B and F that makes the new identity uniquely recognizable.
The colour blue in the logo indicates confidence & strength. The round ball symbolizes the world with focus on India.
The brand delivers a distinctive and contemporary identity, which communicates the Bajaj Finserv values in dynamic and consistent manner and is designed to be easily recognisable and yet differentiated so as to build an enriching and sustainable relationship with all who experience it.
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