Aavas Financiers ltd.

Aavas Financiers Limited is a home loan finance company, functioning primarily in tier-3, tier-4 and tier-5 cities and towns across India to uplift people by fulfilling their dream of owning their own home. They are reaching people who are untouched by the main market and those who do not necessarily have a fixed salary income. They provide financial assistance across many cities and towns of India, including giving home loan in Jaipur. India has one of the fastest growing populations in the world and with the increasing population, the hope and expectations of the people are also growing. Owning a home, a safe and secure abode, is a dream for every family. But not everyone gets the opportunity or required support to fulfill this dream. Many don’t get home loans due to insufficient documents or because they do not have a fixed income. In 2012, Aavas Financiers Limited was set up as Au Housing Finance , with a mission and promise to fulfill millions of dreams to own a home...

The rural housing market in India has changed. Urbanization is creating development in previously forgotten parts of the country. As a consequence, India has had an undeveloped financial market, in the absence of any institutional lenders. Now not only have institutional investors finally set up shop, they are finally pioneering loan against property in rural areas. People in these parts have very little in the way of paperwork. The demographic earns irregularly, around which it’s difficult to set up a recovery schedules. For many, their only source of security might be immovables they can’t afford to lose, like cattle or craft tools.   However, the more astute of financial services firms have found an easy way to get around changes in the pay routines. The firms who have excelled have done so on the back of offering affordable loan against property in rural areas, under whose aegis they could safely take their first step into financial inclusivity.   To be in ...