Bajaj Finserv starts work on 7.2m-sq-ft AI-powered Pune campus

The campus will consolidate Bajaj Finserv’s lending, payments, insurance and investment operations, with AI and IoT systems, renewable energy and an 80% water-recycling target. The company is targeting Scope 1 and 2 carbon neutrality by FY2032.

— Source publishedFri, 4 Sept, 2026, 19:12 IST·First seen Fri, 4 Sept, 2026, 19:20 IST·Source CNBC-TV18 · Companies

What happened

Bajaj FinServ · Bajaj Finserv began construction of a 7.2-million-sq-ft AI- and IoT-powered Pune campus consolidating its lending, payments, insurance and

Key facts

  • 7.2 million sq ft
  • 80% water recycling
  • FY2032 carbon-neutrality target for Scope 1 and Scope 2 emissions
  • ₹1.5 lakh crore consolidated revenue in FY2025-26
  • ₹9,800 crore profit after tax in FY2025-26
  • More than 180 million customers

Why this matters

The consolidated campus strengthens Bajaj Finserv’s ability to integrate acquisitions, partnerships and adjacent financial-services offerings into a unified technology and data platform.

What to watch

  • Formal campus construction milestones, commissioning date and phased employee-migration plans.
  • Capital-expenditure guidance, funding structure and management commentary on expected cost savings or payback period.
  • Growth in cross-sell metrics, active customer base, digital transactions and share of straight-through processing.
  • Changes in loan-book growth, credit costs, delinquency trends and underwriting approval rates following AI adoption.
  • Regulatory developments on AI use, consumer consent, data localization, cyber resilience and digital lending.
  • Renewable-energy sourcing, water-recycling performance and progress toward Scope 1 and 2 neutrality targets.
  • Expand AI deployment in underwriting, collections, claims processing, fraud detection and personalized financial-product recommendations.
  • Launch more bundled offerings combining consumer loans, payments, insurance and investments through common customer identity and data platforms.
  • Increase hiring and partnerships in AI, cybersecurity, IoT, cloud infrastructure and financial analytics in Pune.
  • Use the sustainability profile of the campus to support green-finance positioning, renewable-energy procurement and lower operating-cost targets.
  • Rationalize dispersed offices and back-office processes as functions migrate to the consolidated campus.