Bajaj Finance, a provider of personal, home and vehicle loans has advised its customers to avoid paying any advance processing fees as the company or its representatives would never ask for any such payment while offering loans.
Bajaj Finance also advises all persons in need of loans to approach its nearest branch or check the official website of the company and not engage with unofficial/unknown intermediaries.
To drive this awareness, Bajaj Finance has launched a Radio campaign 'Savdhaan Rahein. Safe Rahein' cautioning the customers to stay alert and safe against financial frauds. The campaign uses the modus operandi of the fraudsters to highlight the various ways customers may get duped by the imposters wherein they are urged to share their confidential and sensitive financial details over calls/SMS/Emails or social media advertisements on the pretext of availing a loan from the company.
The two-week campaign is played across all the 23 stations of Maharashtra, Gujrat and Delhi.
Shares of the company declined Rs 22.35, or 0.36%, to trade at Rs 6,179.35. The total volume of shares traded was 41,081 at the BSE (3.25 p.m, Friday).