Bajaj Housing Finance Share Price Target: Domestic brokerage firm JM Financial Institutional Securities Limited has recommended investing in Bajaj Housing Finance Limited (BHFL), a subsidiary of Bajaj Finance Limited. The brokerage has initiated an ADD rating on Bajaj Housing Finance shares for a target price of Rs 88.
According to JM Financial, Bajaj Housing Finance Limited achieved a robust 28 per cent CAGR in AUM between FY20 and 3QFY26, making it one of the fastest-growing HFCs in India.
Bajaj Housing Finance offers a wide range of mortgage products, including home loans, LAP, lease rental discounting (LRD) and developer financing. The company has strategically expanded its portfolio, with a strong focus on prime customers and low-risk home loans.
The company operates through a network of 221 branches at 178 locations and has strengthened its digital presence with a multichannel sourcing model.
Bajaj Housing Finance is well-supported by the Bajaj group, providing financial stability and strong parentage, ensuring growth potential in the competitive housing finance sector.
Bajaj Housing Finance Limited (BHFL), a subsidiary of Bajaj Finance Limited, was founded in 2008 and commenced lending operations in FY18. In FY23, it was recognised as an “Upper Layer” NBFC by the RBI.
With an AUM of Rs 1.33 trillion at the end of December 2025, Bajaj Housing Finance is the second-largest housing finance company in India, after LIC Housing Finance.
Recently, it entered the near-prime and affordable housing segments through its Sambhav platform, aimed at broadening its borrower base and enhancing portfolio yields.


