Aavas Financiers ltd.

Aavas Financiers Ltd Aavas Financiers Ltd was founded as a mortgage company offering home loans to customers from rural and semi-urban areas as well as Tier-2 and Tier-3 cities of India. The company has established its branches across eight states across the country: Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Haryana, Delhi, and Uttar Pradesh. Aavas is predominantly engaged in the business of offering home loans to customers that belong to low as well as middle income segments. These customers are deemed to be credit-worthy but may or may not have documents to prove how much income they earn. These documents could be IT Returns Certificate, Salary Slip, etc. Therefore, they are, in all probability not eligible for a home loan by large housing finance corporations and banks. The company offers these customers a home loan without income proof by using a unique appraisal methodology in order to assess them individually. The financing solutions offered nee...

Aavas Housing Finance Ltd Aavas Housing Finance Ltd is predominantly engaged in the business of offering housing loans to customers that belong to low- and middle-income segments in rural and semi-urban areas. These customers are credit worthy, who may or may not possess proof of income documents like IT returns and salary slips, and therefore are eventually excluded from borrowing from banks and large housing finance companies. The company utilizes a unique appraisal methodology in order to assess these customers on an individual basis. The financing solutions need to be appropriated and eventually suitable to them. Aavas is of the firm belief that every customer is unique. When it comes to their financial needs and feel, it is essential to not treat them as a homogenous group of borrowers but rather appreciate the specific individual needs of these customers and provide finance solutions that are suitable and appropriate to them. The company’s target customers come fr...