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Bajaj Finserv vs Bajaj Finance: Revenue, Profit, & Stock Performance (2026)
Author
Shoonya Team
Bajaj Finserv and Bajaj Finance are two of India’s most recognised financial brands. Since both belong to the Bajaj Group, many investors and borrowers often assume they are the same company. However, they are quite different.
The biggest difference between Bajaj Finance and Bajaj Finserv is this:
- Bajaj Finance is primarily a lending-focused NBFC (Non-Banking Financial Company)
- Bajaj Finserv is the parent financial services company that owns businesses across lending, insurance, asset management, digital platforms, and investments
In this blog, we compare Bajaj Finserv vs Bajaj Finance based on business model, subsidiaries, revenue streams, financial performance, and stock market relevance.
Bajaj Finserv vs Bajaj Finance: Revenue, Profit & Growth Comparison
Bajaj Finance showed stronger profit growth in Q4 FY26, while Bajaj Finserv’s performance reflected its broader group structure and subsidiary mix.
| Metric | Bajaj Finserv | Bajaj Finance |
| The latest quarter used | Q4 FY26 | Q4 FY26 |
| Consolidated PAT | ₹2,539 crore | ₹5,553 crore |
| PAT growth | 5% YoY | 22% YoY |
| Revenue/NII trend | Revenue up 6% YoY | NII up 20% YoY |
| Key business driver | Subsidiary performance, insurance and finance businesses | AUM growth and lending income |
Both Bajaj Finserv and Bajaj Finance Ltd. are listed on major Indian indices such as the BSE Sensex and Nifty 50. To explore such listed stocks, open a free Demat account and begin your investing journey.
Bajaj Finance vs Bajaj Finserv Share Price Comparison
In a difference between Bajaj Finserv and Bajaj Finance shares, here is the latest financial snapshot as of May 15th, 2026:
Bajaj Finance Ltd vs Bajaj Finserv Ltd Share Price
| Financial Basis | Bajaj Finance Ltd | Bajaj Finserv Ltd |
| Market Cap | ₹5,67,246 Cr. | 2,79,696 Cr. |
| Current Price | ₹910 | ₹ 1,748 |
| High / Low | ₹1102 / ₹788 | ₹2,195 / ₹1,597 |
Bajaj Finserv Ltd: An Overview
Bajaj Finserv holds a 52.49% stake in Bajaj Finance Ltd., a prominent non-bank with a banking-like structure and strategy. It also owns 74% of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.
It has exposure to:
- Bajaj Finance
- General insurance
- Life insurance
- Asset management
- Health and wellness services
- Digital financial services
- Investment-related businesses
Bajaj Finserv’s Business Position (2026)
In 2025–2026, after Allianz’s exit process, Bajaj Group’s control over the life and general insurance businesses increased, making insurance a more important part of Bajaj Finserv’s long-term structure. The transaction was reported to be valued at about ₹93,000 crore for the insurance arms.
Bajaj Finserv Subsidiaries
Lending
- Bajaj Finance Ltd.
- Bajaj Housing Finance
Insurance
- Bajaj Allianz Life Insurance
- Bajaj Allianz General Insurance
Investments & Wealth
- Bajaj Finserv Asset Management
- Mutual funds
- Wealth products
Digital Businesses
- Bajaj Finserv Health
- Digital financial marketplace
- Payments and distribution
Bajaj Finserv Ltd. – Financial Highlights 2026
- Current Price: ₹1,748 – Data as of May 15th, 2026
- Market Cap: ₹2,79,696 Cr. – Data as of May 15th, 2026
| Information | Details |
| Corporate Office | 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune – 411 014, Maharashtra, India |
| Registered Office | Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune -. 411 035, Maharashtra, India |
Bajaj Finserv’s Social Impact and CSR
Through 643 CSR projects, the company has actively contributed to initiatives in healthcare, education, skilling, and inclusion, making a positive impact on society at large.
Its flagship BEYOND programme focuses on helping graduates from smaller towns build employability in the financial services industry.
The platform has a network of 120,000+ doctors and 6,000+ lab touchpoints and collaborates with 1,800+ hospitals.
Bajaj Finserv’s: Technology-Driven Growth
Bajaj Finserv has continued to build its digital ecosystem across loans, insurance, health, and investment services.
It has 5.5 million net app users and over 219 million customer visits on the web platform, which helped facilitate loan disbursements of more than ₹5,000 crore in FY23.
In 2025, Bajaj Markets, a part of Bajaj Finserv, also joined the ONDC network, extending its app and web platform reach beyond financial products into digital commerce.
Bajaj Finance Ltd: An Overview
As a thirty-five-year-old enterprise, BFL has emerged as a leading player in the Indian NBFC sector, boasting a consolidated customer franchise of 69.14 million. Its customer franchise crossed 100 million in FY25, and it operates in both urban and rural areas of India.
Since its beginning, Bajaj Finance has used technology to introduce 22 product lines and 46 product variants for retail, MSME, and commercial customers.
Bajaj Finance has a strong presence in both urban and rural India. The company offers:
- Personal loans
- Home loans
- Gold loans
- Business loans
- Consumer durable loans
- Two-wheeler and vehicle finance
- EMI financing
- Loan against property
- SME lending
- Rural lending
Know GST on Gold in India: How Jewellery and Gold Investments Are Taxed
Bajaj Finance crossed ₹5.09 lakh crore in AUM in Q4 FY26 and reported ₹5,464.6 crore consolidated net profit, showing continued scale in India’s NBFC sector.
Bajaj Finance Subsidiaries:
Bajaj Housing Finance and Bajaj Financial Securities.
Bajaj Finance holds a AAA/Stable rating for its Fixed Deposit program from CRISIL and ICRA and a long-term issuer credit rating of BBB-/Stable with S&P Global. It also has A1+ for short-term borrowing from CRISIL, India Ratings, and ICRA.
Bajaj Finance – Financial Highlights 2025
- Consolidated Profit After Tax: ₹5,553 crore in Q4 FY26
- Total Assets Under Management: 416,661 Cr in FY25 vs 330,615 Cr in FY24
- New Loans Booked: 43.42 Mn in FY25 vs 36.2 Mn in FY24
- Customer Franchise 101.82 Mn in FY25 vs 83.6 Mn in FY24
Business Wise AUM
1) Bajaj Finance: 73%
2) Bajaj Housing Finance: 27%
| Key Information | Details |
| Company Name | Bajaj Finance Ltd. (BFL) |
| BSE Code | 500034 |
| NSE Code | BAJFINANCE |
| Market Capitalization | ₹ 5,67,246 Cr. (as of May 15th, 2026) |
| Current Stock Price | ₹910 (as of May 15th, 2026) |
| High / Low Price | ₹1102 / ₹788 |
Bajaj Finance Products and Services
Bajaj Finance offers a variety of products and services.
Consumer Finance Products
- Durable Finance: Offers finance for household items with up to Rs. 4 lakh funding at zero or low-interest rates through the Bajaj Finserv EMI Network.
- Lifestyle Finance: Provides easy EMI loans for various lifestyle purchases, including home appliances, fashion, travel, and healthcare.
- Extended Warranty: IRDAI-approved program providing up to 3 years additional warranty in partnership with Bajaj Allianz General Insurance Co. Ltd. (BAGIC).
- Gold Loan: A loan offered against customer-owned gold with high loan limits, attractive interest rates, and flexible repayment options.
- Home Loan: Home loans up to Rs. 3.5 crore at the lowest interest rates, featuring additional top-up loans, doorstep services, and PMAY assistance.
- Digital Product Finance: Allows customers to buy products affordably from partner stores on the Bajaj Finserv EMI Network.
- EMI Card: Pre-approved loan of up to Rs. 4 lakh usable at partner stores with flexible tenors and no foreclosure charges.
- Personal Loan: Collateral-free personal loans up to Rs. 25 lakh with instant approval and flexible repayment tenors.
- Loan Against FD: Secured loan against fixed deposits with low-interest rates, quick processing, and flexible repayment options.
- Retail EMI: Easy financing on various products through the Bajaj Finance Ltd. retail network, with no hidden charges.
- Co-branded Wallet: Collaboration with MobiKwik for the Bajaj Finserv Wallet, accepted at over 2 million stores, serving as a debit and credit facility wallet.
Commercial Lending and Financial Institutions
- It enables consumers to pay vendors on time with high loan amounts, a Flexi loan facility, and quick disbursal.
- The personal financing option provides access to substantial funds for personal expenses.
- Loan against rental receipts for tenants with funding between Rs. 10 Crore to Rs. 50 crore and a foreclosure or part-prepayment facility.
- Hassle-free financing against various securities, offering funds without liquidating assets.
Corporate Finance and Investment
- Loans for warehouses, offering affordable financing up to Rs. 30 lakh without collateral.
- Safest investment option with flexibility, guaranteed returns, and attractive interest rates of up to 8.70%.
- Professionally managed mutual funds with low risk, high returns, and liquidity.
Bajaj Finserv vs Bajaj Finance: Business Model Comparison
| Basis | Bajaj Finserv | Bajaj Finance |
| Core role | Financial services holding company | Lending-focused NBFC |
| Business spread | More diversified | More focused |
| Main segments | Finance, insurance, investments, asset management, health | Consumer finance, SME lending, commercial lending, deposits |
| Risk exposure | Spread across subsidiaries and business lines | More linked to lending growth, asset quality and credit cycle |
| Growth drivers | Subsidiary performance, insurance growth, and financial services expansion | AUM growth, customer additions, NII, asset quality |
| Suitable comparison lens | Group-level financial services exposure | NBFC performance and lending growth |
Explore the Bajaj ecosystem beyond finance — from the iconic two-wheelers of Bajaj Auto Ltd to the growth-focused investment approach of Bajaj Finserv Flexi Cap Fund Direct Plan, discover how Bajaj Group companies are shaping India’s automobile and financial sectors.
Bajaj Finserv vs Bajaj Finance: Which is Better?
If you are looking for a more stable and diversified investment option, you might prefer Bajaj Finserv. This is because it offers a broader and more diversified portfolio of financial services. You could explore insurance, lending, investment management, and retail financing.
On the other hand, if you are looking for a more dynamic and growth-oriented investment option, you might prefer Bajaj Finance. This is because it offers a more focused, specialised portfolio of lending and deposit products for individuals, SMEs, and commercial customers. It also has a higher market cap than Bajaj Finserv.
The best way to decide which is better between Bajaj Finserv and Bajaj Finance is to do your own research and analysis and consult a professional financial advisor if needed.
Bajaj Finserv vs Bajaj Finance: FAQs
The legal name is Bajaj Finserv Limited. It is a listed financial services company and part of the Bajaj Group.
Bajaj Finance Limited comes under Bajaj Finserv. Other key businesses under Bajaj Finserv include Bajaj General Insurance, Bajaj Life Insurance, Bajaj Finserv Asset Management, Bajaj Finserv Direct, Bajaj Markets, and Bajaj Finserv Health.
Bajaj Finserv is the parent company of Bajaj Finance Limited. Bajaj Finserv holds a controlling stake of around 52.49% in Bajaj Finance.
Bajaj Finserv is a financial services holding company. Its subsidiary Bajaj Finance Limited is regulated by the RBI as a deposit-taking NBFC. Bajaj Finserv’s other businesses may come under different regulators depending on the segment, such as insurance, mutual funds, and capital markets.
No, Bajaj and Bajaj Finserv are not the same. Bajaj refers to the larger Bajaj Group, while Bajaj Finserv Limited is the group’s financial services company focused on lending, insurance, asset management, health, and digital financial services.
Bajaj Finserv is the holding company for various financial services businesses under the Bajaj Group, such as Bajaj Finance, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, and Bajaj Finserv Markets. Its purpose is to provide diversified and customer-centric financial services.
No, Bajaj Finance and Bajaj Finserv are not the same. Bajaj Finance is a subsidiary of Bajaj Finserv and the lending arm of the Bajaj Group.
Yes, Bajaj Finance is a subsidiary of Bajaj Finserv.
No, Bajaj Finance is a subsidiary focused on lending, while Bajaj Finserv is the holding company for various financial services.
Bajaj Finserv has shown strong financial growth, but investment decisions should be based on individual research and goals.
No, Bajaj Allianz is an insurance company, while Bajaj Finserv is its parent company that operates multiple financial services, including insurance, lending, and investments.
Bajaj Finance has a higher market capitalisation of ₹ 5,67,246 Cr.(as of May 15, 2026), compared to Bajaj Finserv’s ₹2,79,696 Cr. (as of May 15, 2026). While Bajaj Finserv is the parent company, Bajaj Finance contributes significantly to its revenue and profits.
Bajaj Finserv is known for its diverse financial services, including loans, insurance, investments, and its popular No Cost EMI financing model. It also has subsidiaries like Bajaj Finserv Health, Bajaj Finserv Ventures, and Bajaj Finserv Asset Management.
Source: Screener.in
Disclaimer: This content is for education and awareness purposes only and should not be considered investment advice or a recommendation. Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
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