Particle.news
Download on the App Store

Bajaj Finance Reports 27% Jump in Festive Loans as Stock Ticks Higher

Management attributes stronger demand to recent GST reforms alongside income‑tax changes.

Overview

  • Between September 22 and October 26, the lender disbursed about 63 lakh consumer loans, up 27% in volume and 29% in value year on year.
  • Bajaj Finance added 23 lakh new customers in the period, with roughly 52% classified as new‑to‑credit borrowers.
  • Lower GST on appliances reduced the average loan ticket size by about 6%, while financing showed a premium shift with 40‑inch‑plus TVs forming 71% of TV loans versus 67% last year.
  • The company highlights scale and reach with around 239,000 active distribution points across 4,200 locations, a customer base above 110 million, and 75.1 million app installs as of June 30, 2025.
  • Shares rose as much as 1.68% to Rs 1,060.45 on the BSE following the update, taking three‑month gains to 19.47% compared with a 3.35% rise in the Sensex.