Bajaj Finance acquires 1.9 million new customers in Q4FY20
6th Apr 2020

Bajaj Finance has reported 42.6 million customer franchise as of March 31, 2020 on consolidated basis, as compared to 34.5 million customer franchise as of March 31, 2019. During Q4FY20, the Company acquired 1.9 million new customers.

The company’s new loans booked during Q4FY20 was 6.0 million as compared to 5.8 million in Q4 FY19. Further, the company has reported assets under management (AUM) stood at Rs 147,600 crore as of March 31, 2020 as compared to Rs 115,888 crore as of March 31, 2019.

Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.