Aavas Financiers Limited Home Loan
NBFC / HFCAavas Financiers is a Jaipur-based HFC specialising in affordable housing in tier-2 and tier-3 cities. It has deep PMAY integration and strong on-ground presence in Rajasthan, Gujarat and Madhya Pradesh. Rates start higher than bank alternatives.
Rates as of 2026-04-16. RBI repo rate 5.25%. Best available new-customer rate across all tracked lenders: 7.15%.
Already have a Aavas Financiers home loan?
If your current Aavas Financiers rate is above 8.80%, you are paying more than what Aavas Financiers is offering new customers today. The gap could be anywhere from 50 to 635 basis points depending on when you took the loan and which benchmark it is on.
Products offered
- Aavas Home Loan
- Aavas Plot Loan
- Aavas Home Extension
Best for: Affordable housing borrowers in tier-2 and tier-3 cities, especially those eligible for PMAY subsidy.
Strengths and weaknesses
Rate reset at Aavas Financiers
Aavas processes rate resets through the branch.
Get the rate reset letter templateBalance transfer friction
Leaving Aavas Financiers for a balance transfer is straightforward. Foreclosure letters are issued within a reasonable timeline and no foreclosure fee applies on floating-rate loans (RBI 2012 circular).
Read the foreclosure charges guideAavas Financiers Limited home loan at a glance
| Lender type | NBFC / HFC |
| Headquarters | Jaipur |
| Regulator | NHB (under RBI oversight) |
| Floating rate range | 8.80% to 13.50% (EBLR-linked) |
| Processing fee | 1% of loan amount |
| Max tenure | 30 years |
| Max loan amount | ₹1 Cr |
| Prepayment charge | Nil on floating rate |
| Balance transfer friction | low |
| Official website | www.aavas.in |
Data as of 2026-04-16. Rates are for salaried borrowers with CIBIL 750+. Verify with Aavas Financiers for profile-specific quotes.
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