Bajaj Housing Finance Limited has raised ₹509 crore through the issuance of non‑convertible debentures (NCDs) at a 7.10 per cent annual coupon rate. The bonds were offered via private placement to select institutional and high‑net‑worth investors, and they will mature on October 16, 2028. This step provides Bajaj Housing with long-term funding to support its lending operations and expansion plans.
The successful fundraising reflects investor confidence in Bajaj Housing’s strong business performance. The company has seen steady growth in its assets under management (AUM), which reached ₹1.33 lakh crore as of December 31, 2025, a 23 per cent increase from the previous year. This growth highlights the company’s expanding housing loan portfolio and deepening market presence.
During the third quarter of the current fiscal year, Bajaj Housing disbursed approximately ₹16,500 crore in loans, up from ₹12,600 crore in the same period last year. This increase demonstrates the company’s ability to scale its lending operations even in a competitive market.
Analysts view this capital raising positively, noting that it strengthens the company’s balance sheet and enhances its capacity to meet growing demand for housing finance in India. The NCD proceeds will be used to support ongoing loan disbursements and fuel future growth, ensuring the company maintains financial flexibility.
The privately placed NCDs offer fixed returns to investors over a medium-to-long-term period. With a 7.10 per cent coupon rate, the bonds provide predictable interest income, while the company benefits from diversifying its funding sources and reducing reliance on short-term borrowings.