Mahi Bajaj Sagar Dam is a dam across the Mahi River. It is located 16 KM from Banswara town in Banswara district Rajasthan, India. The dam was constructed between 1972 and 1983 for the purposes of hydroelectric power generation. The Mahi Bajaj Sagar Dam Second largest dam in Rajasthan. It is named after Jamnalal Bajaj.