Bajaj Finance Share Price in Focus; Allots ₹498.22 Crore Worth NCDs on Private Placement Basis

Bajaj Finance has received NCDs through private placement. The total amount involved is ₹498.22 crore. This allotment was made on August 18, 2026, as per the exchange filings.  

NCDs Carry 7.79% Interest 

Each NCD has a face value of ₹1 lakh. The interest rate on these NCDs is 7.79% per year. 

The first interest payment will be made on July 6, 2027. After that, payments will be made every year until the NCDs mature.  

Bajaj Finance plans to list these NCDs on the Wholesale Debt Market segment of BSE..  

Loan Receivables Will Back the NCDs 

The NCDs will be secured against Bajaj Finance's book debts and loan receivables. 

All payments for the debentures, including principal, interest, trustee fees, and related costs, are backed by a shared first claim on the company's book debts and loan receivables. This backing will always cover at least 100% of the total outstanding value of the issued debentures. 

About Bajaj Finance  

Bajaj Finance Ltd. is one of India’s well-known NBFCs and a part of the Bajaj Finserv Group. The company provides loans and financing options for individuals and businesses, including personal loans, consumer finance and business loans.  

It has built a strong presence across India through its wide network and digital services. 

Read More: Mamata Machinery Share Price Surges; Files Patent Application for its Die and Screw Design! 

Bajaj Finance Share Price Performance  

As of 18 August 2026, Bajaj Finance share price closed at ₹1,091 per share, reflecting a surge of 0.16% from the previous trading session. 

Conclusion 

Bajaj Finance has allotted 50,000 NCDs worth ₹498.22 crore. The NCDs will pay 7.79% interest every year and will mature in July 2036.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.