Bajaj Finance has raised Rs 500 crore through the allotment of 50,000 non-convertible debentures (NCDs), at face value of Rs 1 lakh each, on private placement basis. The Debenture Allotment Committee of the Company has at its meeting held on October 9, 2024, allotted the same. 

Bajaj Finance is one of the largest players in the burgeoning consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in many categories, ranging from consumer durables to lifestyle products to groceries.