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Bajaj Finserv shines on offering ‘Lifecare Finance’ to support medical needs

Bajaj Finserv is currently trading at Rs. 6996.75, up by 109.05 points or 1.58% from its previous closing of Rs. 6887.70 on the BSE.

The scrip opened at Rs. 7080.20 and has touched a high and low of Rs. 7136.95 and Rs. 6915.00 respectively. So far 6024 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 8577.05 on 05-Jul-2019 and a 52 week low of Rs. 4960.00 on 24-Oct-2018.

Last one week high and low of the scrip stood at Rs. 7531.50 and Rs. 6588.80 respectively. The current market cap of the company is Rs. 110890.70 crore.

The promoters holding in the company stood at 60.71%, while Institutions and Non-Institutions held 15.15% and 24.14% respectively.

Bajaj Finance, the lending and investment arm of Bajaj Finserv, is offering Lifecare Finance which will equip customers to support lifestyle and medical needs. The Lifecare finance by Bajaj Finserv offers an umbrella of treatments that are not usually covered by other regular health insurance providers. With the assistance of this plan people can avail a loan of up to Rs 4.5 lakh that can be repaid through a flexible EMI tenor of up to 12 months.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.

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