BAJAJ FINSERV LTD – GROUP YOUNG LEADERSHIP PROGRAM

ABOUT BAJAJ FINSERV LTD

Bajaj Finserv is one of the fastest growing financial services groups in India. It was formed in April 2007 and is the holding
company for the financial services businesses of the Bajaj Group.

Bajaj Finserv primarily comprises of three flagship companies with businesses spanning from lending to investments to
insurance. While the lending and investment arm is an 100% subsidiary of Bajaj Finserv, the two insurance companies are
joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in the JV and the two companies individually
manage operations in general and life insurance space.

Bajaj Finserv Ltd

Bajaj Finserv Ltd Bajaj Allianz General Bajaj Allianz Life Bajaj Finserv Health Bajaj Finserv Direct
Insurance Insurance Ltd Ltd

Bajaj Housing Finance Ltd

Bajaj Finance Limited is one of the fastest growing non-banks in India and is also among the 30 largest companies in India,
by market cap. A Nifty 50 company, Bajaj Finance Ltd has a highly diversified portfolio with more than 30 product lines
across categories. The company is one of the largest players in the burgeoning consumer finance segment in India and a
pioneer in introducing interest free EMI finance options in more than 50 categories, ranging from consumer durables to
lifestyle products to groceries. Today one out of every four flat screen TV’s in India are financed by Bajaj Finance Ltd.
Apart from consumer finance, the company also has substantial business penetration in SME, commercial and rural lending.
The company also has the highest credit ratings from all rating agencies for its deposit schemes. Innovation, technology &
analytics are bedrocks of Bajaj Finance’s business model. The company, for the last 4 years, has been ranked by the Great
Places to Work Institute (GPTW) as the 2 nd Best Financial Services Company to Work for India. It is currently ranked the
12th Best Place to Work for, across industries

Bajaj Allianz General Insurance (BAGIC) is a composite insurer offering various types of general insurance including
motor, marine, health and various forms of corporate insurance. A joint venture of two large conglomerates - Bajaj Finserv
and Allianz SE – the company has over 200 years of combined parentage. BAGIC is the only General Insurance Company
in India to make underwriting profits. BAGIC caters to individuals across demographics of the country and the corporate
sector with its wide range of products as well as services that go beyond insurance. BAGIC has set pace with its innovative
product and service offerings to be the trendsetter in this ever-evolving market. By being the first insurance company to issue
policies online, BAGIC ushered an era of digitization in the Indian insurance industry.

Bajaj Allianz Life Insurance (BALIC) is amongst India’s leading life insurance companies focussed on helping customers
manage the risk of uncertainties, secure dreams and protect interest of loved ones by facilitating them to make adequate
savings and protection decisions for future through some of our best-in-class insurance products. The company is proactively
transforming itself to provide better products, solutions and services to ensure superior risk adjusted returns and fastest claim
settlement. BALIC is an innovation leader in the industry and currently is the most profitable life insurance player. It has
covered over 5.97 crore lives. It has received highest rating for its claim paying ability by leading credit rating agencies.
Bajaj Housing Finance Limited, a 100% subsidiary of Bajaj Finance Limited is carved out as an independent organization
with its own management team, to expand its horizons in the mortgages business. At present BHFL offers Home Loans for
Small Medium Enterprises (SMEs) and salaried customers and Loan against Property to SME customers. The company has
branches in the top 42 cities of the country. The company enjoys the highest long-term credit rating of “AAA (Stable)” by
CRISIL and “IND AAA (Stable)” by India Ratings and also the highest short-term credit rating of CRISIL “A1+ by
CRISIL” and “IND A1+” by India Ratings.”

Bajaj Finserv Health (BFHL) is a 100% subsidiary, health-tech solutions business of Bajaj Finserv Limited, aimed at
bringing personalised, preventive, and prepaid healthcare to consumers by making all services integrated for easy
accessibility on a mobile platform. With an empanelled network of 9,000+ doctors, hospital partners, diagnostic and
laboratory centres, BFHL’s comprehensive offering has health insurance coverage from Bajaj Allianz General Insurance and
a pre-approved health EMI facility from Bajaj Finance to protect consumers from unexpected high medical costs. With a
large consumer base and a strong partner ecosystem, Bajaj Finserv Health utilizes deep technology, AI, ML algorithms to
give custom-made experiences and incentives to clients and partners alike, for a connected, cost-effective and convenient
healthcare journey for consumers.

Bajaj Finserv Direct Limited (BFDL), an independent entity offering all Group Company products, to service the lifecycle
needs of its customers under a single ‘Digital Marketplace’. As seen by market trends and the customer needs, there is
visible shift of customers adopting products and services in the digital medium. Sensing opportunity, Bajaj Finserv launched
BFDL, with a set of guiding principles-

 Create tailored propositions/products basis customer needs and behaviours in digital space across Lending, Insurance and
Investment landscape
 Build on deep knowledge built over time through Group relationship
 Operate as efficiently as if it were being run independently in each company
 Builds the model of the future to compete with non-traditional competitors
 Create a best in class Technology-Analytics driven company

ABOUT GROUP YOUNG LEADERSHIP PROGRAM

Bajaj Finserv is investing deep in building talent for the future and in continuing its aggressive growth momentum. The
Group Young Leadership Program (GYLP) is a general management program which aims to build next-generation
leaders, through structured intervention to accelerate convergence across the group companies for achieving compounded
growth.

GYLP is a high intensity and high impact program driven by top leadership of the organization with an aim of building a
group level management cadre, through fast tracked career growth

The program is divided in three phases –

GYLP cadre are hired on the rolls of Bajaj Finserv Ltd. The first 18 months is dedicated to building exposure
1 across group companies. GYLP cadre will be assigned 3 high impact projects, one in each company. each project
will be for a duration on 6 months each.

2 Based on an individual’s aspirations and role fitment assessment, GYLP cadre will be assigned to a preparatory
role for 3 months. This phase is aimed at providing on-the-job training before placing the MT in a permanent role

3 GYLP cadre will move to a permanent role in a group company. Careers will be closely monitored and developed
by the senior leadership team
 HIGHLIGHTSKEY

1. General Management Program

2. Clearly defined Career path
3. High visibility and accessibility to top leadership
4. Mentored by senior leaders
5. High impact project and role
6. Exposure to all Group Companies
7. Being a part of one of the fastest growing organization in the sector

COMPENSATION
Bajaj Finserv has a very strong & transparent “pay for performance” orientation.
GYLP cadre will be offered compensation of:

Fixed Pay : Rs 20 Lacs pa

Target Variable Pay : 25% pa