Financial Services · 1000+ employees

Bajaj Capital

Bajaj Capital

We hire a lot of people because attrition is fairly common, and we are in a sector which is highly niche and the talent pool is very limited.
Alokita Sharma
Alokita SharmaSenior Manager, Talent Management & Organizational Development, Bajaj Capital

50%

Reduction in interview load

60%

Good Fit candidates identified

Bajaj Capital is one of India's most established financial services organizations, with a 61-year legacy spanning retail wealth, insurance, broking, and ultra-HNI advisory. Operating across 120+ branches pan-India, Bajaj Capital hires at scale across Relationship Managers, Senior Advisors, finance analysts, and technical teams. With an average of 50+ hires per month, and higher volumes during peak cycles, recruitment is both a strategic and operational priority. We spoke with Alokita Sharma, Senior Manager – Talent Management & Organizational Development, and Priyal from the Talent Acquisition team, to understand how Goodfit helped them introduce structure, reduce interview fatigue, and improve screening quality across regions and roles.

The challenges

Scaling hiring in a limited talent ecosystem

Bajaj Capital operates in a highly specialized financial advisory ecosystem. Many roles require candidates who understand multiple financial instruments like life insurance, general insurance, mutual funds, and more while handling book sizes ranging from ₹50 lakhs to ₹10 crores depending on seniority.

At the same time, the talent pool itself is limited.

Multi-region hiring across channels

Bajaj Capital does not hire for one business line. It hires across retail channels (MNI & HNI segments), LAP (Ultra HNI advisory, metro-focused), ANG (broker-facing relationship managers), IT roles, and finance and support roles.

Each channel demands different skill depth and communication expectations. For example, LAP roles require strong English articulation and financial risk comprehension, retail roles manage mid-to-high book sizes, support roles require functional and technical capability, and IT roles require strong coding skills.

Additionally, hiring happens across regions and in regional languages like Tamil, Malayalam, Marathi, Gujarati, and Bengali. This complexity made standardization difficult.

Manual screening for technical roles

Before Goodfit, the first level of screening was largely manual. For technical roles, coding evaluations happened during live interviews.

This created heavy interview volumes. Operating across multiple regions and entities, managing candidate pools required coordination and tracking.

Overall, the team needed a system that could standardize first-level screening, reduce interview fatigue, improve recruiter–manager alignment, and work reliably across regions.

"We hire a lot of people because attrition is fairly common, and we are in a sector which is highly niche and the talent pool is very limited."

Alokita Sharma

Senior Manager, TM & OD, Bajaj Capital

Alokita Sharma
ActionBefore GoodfitAfter Goodfit
Candidate screeningResume review + live screening interviewsAI interviews + structured screening
Technical evaluationCoding during live interviewsCoding assessments before interviews
Hiring manager involvementManagers interviewed large candidate poolsManagers review only shortlisted candidates
Hiring coordinationMultiple scheduling roundsAsynchronous evaluation via interview recordings

Why Bajaj Capital chose Goodfit

When Bajaj Capital evaluated AI screening platforms, the decision came down to two things: performance and value. The tool had to deliver measurable efficiency, not just automation. While pricing was competitive, functionality ultimately sealed the deal.

What stood out was Goodfit's conversational depth and follow-up questioning. Instead of static screening, the platform brought what Alokita described as a more scientific nuance to recruitment.

The team also valued the responsiveness and support during implementation.

"The AI interviews had relevant follow-up questions for each role, and the conversation felt natural. Moreover the platform offered strong value for money, making Goodfit the obvious choice for us."

Alokita Sharma

Senior Manager, TM & OD, Bajaj Capital

Alokita Sharma

The solution

Technical hiring improved by coding assessments

Instead of sending every shortlisted resume directly to hiring managers, recruiters now route candidates through Goodfit's AI interview first. The impact was immediate.

The clearest example came from IT intern hiring: last year the engineering manager took 60 interviews to hire 10 interns. With an applicant pool of the same size this time, he only had to take 30 interviews because Goodfit clearly showed the best candidates to advance.

A 50% reduction in interview load for the same hiring outcome.

Frictionless applications with QR code screening

One of the most telling examples of Goodfit's impact came from a finance hiring use case.

For an FP&A Analyst role, instead of routing candidates through traditional resume submissions and back-and-forth coordination, the team experimented with a much simpler approach. Alokita posted a QR code linked directly to the Goodfit screening flow on LinkedIn.

There was no complex setup. No layered funnel. Just direct access to the AI interview.

For support and finance roles, this showed that Goodfit was not just a screening layer, but also a lightweight, conversion-friendly entry point that could attract and filter serious applicants with minimal effort.

Multilingual hiring made easy

Bajaj Capital hires across North, East, West, and South India, including non-metro regions where regional language fluency is critical. Before Goodfit, this created operational friction.

With Goodfit, interviews could be conducted in regional languages including Tamil, Malayalam, Marathi, Gujarati, and Bengali. This enabled structured screening without forcing English-only interviews, especially outside major metro cities.

Structured feedback and stronger hiring alignment

One of the key improvements Goodfit brought was structured evaluation before manager rounds. Instead of relying on subjective feedback such as "not a good fit," recruiters now had recorded interviews and structured responses to reference.

This improved alignment between Talent Acquisition and hiring managers. Recruiters could point to specific answers, communication clarity, and technical responses when discussing candidate quality. The result was more specific feedback, clearer rejection reasoning, and stronger internal accountability in decision-making.

Reduced administrative overhead

Beyond screening quality, Goodfit simplified candidate management across regions and roles. Administrative coordination reduced significantly because first-round screening no longer required scheduling live calls, candidate evaluation artifacts were centralized, and non-recruitment stakeholders could independently review interviews.

This reduced dependency on manual coordination and improved process reliability, especially across multiple branches and hiring teams.

At enterprise scale, lowering administrative friction directly improves recruiter productivity and operational efficiency.

What's next for Bajaj Capital

Bajaj Capital is now looking to implement psychometric assessments in their hiring processes. The team is also exploring improvements around referrals and deeper MIS-level insights to make hiring even more structured across regions.

How Goodfit benefited Bajaj Capital

50%

Reduction in time-to-fill for support roles

60%

Good Fit candidates identified

192 hours

Saved automating first round screening

Stronger

Recruitment & senior management alignment

Higher

Recruitment team productivity

"With Goodfit, we can show the video and say, "Look at what this candidate has answered." That makes feedback clearer and hiring decisions much stronger."

Alokita Sharma

Senior Manager, TM & OD, Bajaj Capital

Alokita Sharma

Your turn

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