By [Your Name]
October 6, 2025
Bajaj Housing Finance Limited (BHFL), a wholly owned subsidiary of Bajaj Finance, has reported a robust performance in the second quarter of FY26, with its gross disbursements rising 32% year-on-year to ₹15,900 crore. The company’s Assets Under Management (AUM) also recorded strong growth, increasing 24% YoY to around ₹1.26 lakh crore, reflecting steady demand in India’s housing finance market.
Strong Loan Growth Amid Positive Market Sentiment
The sharp rise in disbursements highlights growing consumer confidence and strong momentum in the real estate and housing finance sectors. Supported by stable interest rates and a revival in urban housing demand, Bajaj Housing Finance has capitalized on favorable market conditions to expand its loan book across retail and developer financing segments.
According to the company’s business update, loan assets stood at approximately ₹1.13 lakh crore, marking a 26% year-on-year increase. The growth was driven by sustained demand for home loans, balance transfers, and loan-against-property (LAP) products — areas where BHFL has steadily built market share over the last few years.
Diversified Portfolio and Risk Management
Bajaj Housing Finance continues to focus on building a diversified and high-quality portfolio, supported by strong credit assessment mechanisms and prudent underwriting standards. While disbursements have surged, the company’s approach remains conservative toward risk, ensuring asset quality remains intact amid expansion.
Industry analysts believe BHFL’s strong parentage under Bajaj Finance gives it a competitive edge in terms of funding cost and distribution reach. “The Bajaj brand’s credibility and extensive cross-selling ecosystem have helped Bajaj Housing Finance deepen its market presence in both metros and smaller cities,” said a market analyst tracking the sector.
Favorable Macroeconomic Environment
The continued growth of the Indian housing finance market is also being fueled by favorable macroeconomic conditions. Stable property prices, rising disposable incomes, and government initiatives promoting affordable housing have supported strong credit demand. Additionally, the Reserve Bank of India’s recent accommodative policy stance has kept borrowing costs competitive, further boosting the sector.
Outlook: Sustained Growth Expected
With its consistent growth trajectory and expanding loan book, Bajaj Housing Finance is poised to maintain its momentum in the coming quarters. The company’s focus on digital processes, cross-selling through the Bajaj Finance network, and expansion into new markets is expected to sustain healthy disbursement growth while preserving profitability.
However, analysts caution that the pace of growth must be matched with continued focus on asset quality and funding efficiency, particularly amid rising competition in the housing finance sector.
Overall, Bajaj Housing Finance’s Q2 FY26 performance reflects the company’s strong execution capabilities and the resilience of India’s housing finance demand. As the festive season approaches — traditionally a high-demand period for home purchases — the company appears well-positioned to deliver another strong quarter.