Bajaj Finance reported a Rs 333.97 crore CSR obligation for FY2026, spending Rs 318.81 crore and transferring Rs 15.16 crore for ongoing projects.
NEW DELHI (India CSR): Bajaj Finance Limited (BFL), a non-banking financial company (NBFC), reported a Corporate Social Responsibility (CSR) obligation of Rs 333.97 crore for FY2025-26, of which Rs 318.81 crore was spent during the year and Rs 15.16 crore was transferred to a designated Unspent CSR Account for ongoing multi-year projects, according to the company’s 39th Annual Report 2025-26.
The unspent amount relates to CSR projects that continue beyond a single financial year. The company transferred Rs 15.16 crore to the designated account with a scheduled commercial bank on April 27, 2026, in line with requirements applicable to ongoing CSR projects under Section 135(6) of the Companies Act, 2013.
The financial disclosure provides a view of how Bajaj Finance is managing CSR expenditure across projects with different implementation timelines. Its CSR interventions during the year covered areas including youth skilling, education, child healthcare, disability inclusion and child protection.
CSR Financials
For the financial year ended March 31, 2026, Bajaj Finance’s statutory CSR obligation, calculated at 2% of the applicable average net profits, stood at Rs 333.97 crore.
The company reported CSR expenditure of Rs 318.81 crore during FY2025-26 across 217 projects. The balance of Rs 15.16 crore was classified as unspent against ongoing projects and transferred to the separate statutory account.
The distinction is important because an amount reported as unspent against an ongoing CSR project is not necessarily an amount withdrawn from the project. Under the CSR framework, qualifying ongoing-project amounts are transferred to a separate account and are required to be used for the specified projects within the period prescribed under law.
According to the information provided, Bajaj Finance follows milestone-linked funding for several multi-year interventions, under which payments can be released as agreed project stages and deliverables are completed.
Earlier Commitments
The annual report also provides information on CSR amounts carried forward from earlier financial years.
An unspent amount of Rs 20.87 crore relating to FY2022-23 was subsequently deployed towards the relevant projects, while Rs 6.19 crore earmarked in FY2023-24 was also utilised. For FY2024-25, Rs 6.24 crore had been carried forward in the separate Unspent CSR Account.
The company reported that the entire Rs 6.24 crore relating to FY2024-25 was spent during FY2025-26.
These disclosures are relevant for tracking whether amounts transferred for ongoing projects in earlier years are subsequently used for their stated CSR purposes.
Social Impact Areas
Bajaj Finance’s CSR portfolio during FY2025-26 covered several areas of community development.
Under its youth skilling work, the company reported that 50,475 students were trained through the Skillserv initiative. This included the Certificate Programme in Banking, Finance and Insurance (CPBFI), a 120-hour programme aimed at preparing graduates, including those in Tier 2 and Tier 3 locations, for employment opportunities in the financial services sector.
Education initiatives reached 540,224 children, according to the reported figures. The interventions included work around foundational literacy and numeracy, digital education and school infrastructure.
In child healthcare, the company reported reaching 35,912 children through interventions that included support for cleft lip treatment, Type 1 diabetes care and paediatric cardiac treatment.
Bajaj Finance also reported support for 390,369 persons with disabilities through interventions covering rehabilitation, medical assistance, skilling, independent living and inclusive education.
Another 26,072 children were covered through child protection initiatives. The programmes included partnerships focused on preventing child trafficking and abuse. The report also cited 58 convictions in child sexual abuse cases during the year in connection with supported interventions.
Group CSR Commitment
The company’s CSR activities form part of the wider Bajaj Group social impact framework, including the ‘Bajaj Beyond’ initiative.
The group has announced a commitment of Rs 5,000 crore over five years, with an objective of reaching two crore people. Its stated areas of intervention include youth skilling and programmes supporting children and communities.
For Bajaj Finance, the FY2026 disclosures show how annual CSR expenditure operates alongside multi-year project commitments. The Rs 15.16 crore transferred to the Unspent CSR Account is linked to such ongoing projects rather than being reported as expenditure completed during FY2025-26.
Impact Assessment
The annual report also provides information on independent assessment of selected CSR interventions. During FY2025-26, 22 CSR projects underwent impact assessments by external agencies, including Renalysis Consultants and Sambodhi Research.
According to the reported assessment findings, the Youth4Jobs Grassroot Academy recorded a 55% placement linkage among participating youth with disabilities.
The Haritika Udaan Project in Madhya Pradesh reported an increase in household income among participating tribal families. Income levels were stated to have moved from a range of Rs 25,000-Rs 30,000 to Rs 60,000-Rs 75,000. These figures represent reported project assessment findings and provide measurable indicators for selected interventions.
ALSO READ | Bajaj Finance Spends Rs 364.48 Cr on CSR Across 217 Projects in FY 2025-26
Board Oversight
Bajaj Finance’s CSR activities are overseen by a Board-level CSR Committee. As of March 31, 2026, the committee comprised Naushad Forbes, Chairman and Independent Director; Sanjiv Bajaj, Non-executive Director; and Rajeev Jain, Executive Director.
The committee met three times during the financial year. Its responsibilities included reviewing CSR policy and projects and overseeing compliance relating to CSR expenditure and unspent amounts.
The company has also identified “Empowering Society” as a pillar under its Long-Range Strategy for 2026-30. Reported plans for FY2027 include hiring more than 200 persons with disabilities, providing 15,000 solar financing loans and distributing 15,500 improved cookstoves.
For CSR stakeholders, the FY2026 disclosure highlights both sides of the company’s CSR accounting: Rs 318.81 crore spent during the year and Rs 15.16 crore separately transferred to meet future expenditure requirements of ongoing projects.
Key Facts Table
| Key Fact | Details |
|---|---|
| Company | Bajaj Finance Limited (BFL) |
| Sector | Non-Banking Financial Company (NBFC) |
| Financial Year | FY2025-26 |
| Total CSR Obligation | Rs 333.97 crore |
| CSR Amount Spent | Rs 318.81 crore |
| Unspent CSR Amount | Rs 15.16 crore |
| Number of CSR Projects | 217 projects |
| Unspent Account Transfer Date | April 27, 2026 |
| Previous Year Unspent Amount Used | Rs 6.24 crore from FY2024-25 |
| Projects Impact Assessed | 22 CSR projects |
| Youth Trained | 50,475 students |
| Children Reached Through Education | 540,224 children |
| Children Reached Through Healthcare | 35,912 children |
| Persons with Disabilities Supported | 390,369 |
| Children Covered Under Protection Initiatives | 26,072 |
| Key CSR Areas | Skilling, Education, Healthcare, Disability Inclusion, Child Protection |
| Regulatory Provision | Section 135(6) of the Companies Act, 2013 |
Frequently Asked Questions (FAQs)
1. How much was Bajaj Finance’s CSR obligation in FY2025-26?
Bajaj Finance reported a total CSR obligation of Rs 333.97 crore for FY2025-26.
2. How much did Bajaj Finance spend on CSR during FY2026?
The company reported CSR expenditure of Rs 318.81 crore during the financial year.
3. How much CSR amount remained unspent?
Bajaj Finance reported Rs 15.16 crore as unspent against ongoing CSR projects.
4. What happened to the Rs 15.16 crore unspent CSR amount?
The amount was transferred to a designated Unspent CSR Account on April 27, 2026, for eligible ongoing projects.
5. What were Bajaj Finance’s main CSR focus areas?
Its reported CSR interventions covered youth skilling, education, child healthcare, disability inclusion and child protection.
6. How many CSR projects underwent impact assessment?
Bajaj Finance reported that 22 CSR projects underwent independent impact assessments during FY2025-26.
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