Bajaj Finance trades higher on launching insta personal loan

The scrip is currently trading at Rs. 5655.00, up by 39.60 points or 0.71% from its previous closing of Rs. 5615.40 on the BSE.

Bajaj Finance1 768x631
Bajaj Finance

The scrip opened at Rs. 5674.40 and has touched a high and low of Rs. 5690.90 and Rs. 5632.75 respectively. So far 10282 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 5725.00 and Rs. 5525.00 respectively. The current market cap of the company is Rs. 342140.17 crore.

The promoters holding in the company stood at 55.91%, while Institutions and Non-Institutions held 32.30% and 11.79% respectively.

Bajaj Finance has launched the Insta Personal Loan as its latest product offering in the loans segment. Existing customers can get a pre-approved personal loan of up to Rs 10 lakh, with money disbursed within 30 minutes to 4 hours in most cases. New customers can also check if they have a pre-assigned loan limit with the help of a mobile number and OTP.

Inspired by the green channel experience offered at airports, Insta Personal Loans have been designed to offer a seamless and simplified way to borrow funds for small and large expenses. This loan product is an excellent choice for people in need of quick cash.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market.

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