Aavas: A Successful Part of India’s Growth Story
Aavas Financiers Limited is a home loan finance company, which is working in tier-3, tier-4 and tier-5 cities and town across India to uplift people by fulfilling their dream of living in their own home. They are reaching people who are untouched by the main market and those who do not have a fixed salary income.
India has one of the fastest growing populations in the world and with the growth in 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 even today, owning a home is just a dream for many. 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 are new to the credit process.
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. Procuring a home loan was made simple through a convenient process. With its unique and simple application process, assessing informal cash flow and asset quality, Aavas made buying homes easier for its customers in the unserved and underserved market.
Aavas knows that their customers are not only based in cities and towns but also in the small corners of the country, and that is why they have introduced technologies that will help them reach customers directly at their doorsteps. The Aavas mobile app gives their regional officers the freedom to submit the loan application form of the customers without physically visiting the office again and again. Even the technical team conducting property inspection can use the app for approvals. Aavas has digitalized every field operation and for this, sales app, collections app, credit evaluation app and other mobile apps have been brought into usage.
Aavas began its journey from Rajasthan and in just a few years has established its esteemed presence across 8 states of India. The employees went to tier-3, tier-4 and tier-5 themselves, met the people and understood their needs. They understood the dream of the people to own their home and that by helping them fulfill this dream, it will increase their status in society and uplift their spirits.
Aavas is a unique home loan finance company, reaching out to the people who are not touched by the main markets. They give loans not just for constructing homes, but also for renovating homes and establishing shops and businesses. They reach the people who do not have a fixed income salary and enable them to apply for loans that will not be a stress for them. They have loans for each and every need, so that everyone can avail these loans and fulfill their dreams.
Fulfilling the dreams of the people, so that they can have their own home is a noble cause to be working on. This mission has been uplifting the lives of so many Indians across the country. For more details please log on to https://www.aavas.in/
