Bajaj Finance Ltd: Q3 FY26 Provisional Business Update

Executive Summary Bajaj Finance Ltd has delivered a robust operational performance for Q3 FY26, demonstrating sustained growth momentum across key business verticals. The company reported a strong 22% Year-on-Year (YoY) growth in Assets Under Management (AUM), accompanied by significant expansion in its customer franchise and new loan bookings. These provisional figures underscore the company's ability to scale effectively despite the high base effect. Key Operational Highlights Assets Under Management (AUM) Growth The core AUM stood at approximately ₹4,85,900 crore as of December 31, 2025, registering a robust growth of 22% YoY compared to ₹3,98,043 crore in the previous year. Sequential Momentum: On a quarter-on-quarter basis, AUM expanded by approximately ₹23,600 crore, indicating healthy credit demand and effective capital deployment. Customer Franchise Expansion The customer base continues to widen at an accelerated pace. The total customer franchise stood at 115.40 million as of Q3 FY26, up from 97.12 million in Q3 FY25. Quarterly Addition: The company added 4.76 million new customers during the quarter, reflecting strong brand affinity and successful acquisition strategies. New Loans Booked New loan volumes surged to 13.90 million, marking a growth of 15% YoY compared to 12.06 million in the corresponding quarter of the previous fiscal year. This volume growth signals continued buoyancy in consumption and lending activity. Deposit Book Stability The consolidated deposit book stood at approximately ₹71,000 crore as of December 31, 2025, showing steady accumulation compared to ₹68,797 crore in the previous year.