Mumbai, Nov. 4 -- The company disbursed 63 lakh consumer loans between 22 September and 26 October 2025, marking a 27% jump in volume and a 29% increase in value compared with the same period last year. Bajaj Finance also added 23 lakh new customers, with 52% being first-time borrowers.
Chairman Sanjiv Bajaj credited the government's new GST reforms and personal income tax changes for boosting consumer purchasing power, particularly among middle- and lower-income households.
He said the festive surge reflected a trend toward premiumization, as customers upgraded to higher-end consumer goods such as televisions and air-conditioners. Loans for 40-inch and above TVs accounted for 71% of total TV financing, up from 67% a year earlier.
Baja...
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