Bajaj Finance had taken a proactive step to declare a moratorium on loans to Wayanad residents, thus allowing them time to rebuild their lives
Bajaj Allianz Life Insurance & Bajaj Allianz General Insurance have been expediting insurance claim processing for customers in Wayanad
Bengaluru, September 26, 2024: Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, has donated Rs. 2 crore in support of communities impacted by the recent tragic landslides and floods in Wayanad.
An online contribution to the Kerala State Disaster Mitigation Fund for Wayanad Landslide Relief was made ahead of a meeting of the Hon’ble Chief Minister of Kerala, Shri Pinarayi Vijayan with Dr. N Srinivasa Rao, Chief Economist & President – Corporate Affairs, Bajaj Finserv Ltd., and Mr. Anil PM, Senior President, Legal & Compliance, Bajaj Allianz Life Insurance.
Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance have been expediting the processing of all claims filed by customers impacted in Wayanad.
Bajaj Finance, the lending arm of Bajaj Finserv, had declared suo-moto a moratorium on all loan repayments for customers from Wayanad, as a goodwill and humanitarian gesture. The ongoing moratorium is applicable for customers living in Punjirimattom, Mundakkal, Chooralmala, Attamala, Meppadi and Kunhome villages in Wayanad.
Dr. N Srinivasa Rao, Chief Economist & President, Bajaj Finserv, said, “Our social impact programmes are focussed on addressing the most pressing needs of society. The Wayanad landslide has swept away homes, lives and livelihoods of residents. With this contribution to Wayanad relief fund and various initiatives taken up by Bajaj Finserv companies, we hope to provide meaningful support to those impacted.”
The relief funds are aimed at helping the State’s collective efforts to bring normalcy back to Wayanad.
