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Engaged Employer

Aavas Financiers

3.9
based on 1.8k Reviews
Video summary

Working at Aavas Financiers

Company Summary

Aavas Financiers Limited is a leading housing loan finance company in India offering various types of home loans at attractive interest rates for the low-income segment with high eligibility.

Overall Rating

3.9/5
based on 1.8k reviews
highly rated categories
3% below
industry average
highly rated categories
Highly rated for

Skill development

Work Policy
Work from office
Work from office
87% employees reported
Monday to Saturday
Monday to Saturday
80% employees reported
Flexible timing
Flexible timing
51% employees reported
Within city
Within city
55% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
66 employees reported
Health insurance
Health insurance
61 employees reported
Office cab/shuttle
Office cab/shuttle
18 employees reported
Cafeteria
Cafeteria
12 employees reported
View all benefits

About Aavas Financiers

Founded in2011 (14 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersJaipur, Rajasthan, India
Office Locations
Websiteaavas.in
Primary Industry
Other Industries
--
View in video summary
AAVAS FINANCIERS LIMITED (Formerly known as “Au HOUSING FINANCE LIMITED”) was originally incorporated as a private limited company at Jaipur, Rajasthan, under the name of "Au Housing Finance Private Limited" on February 23,2011. Company got registered with National Housing Bank (subsidiary of Reserve Bank of India) as a Housing Finance Company (HFC) and awarded the license from National Housing Bank (NHB) in August 2011. It formally started its operations in March, 2012. Subsequently, the name of the Company was changed to "Au Housing Finance Limited" due to conversion from a private company to a public company on January 10, 2013. In March, 2017, the name of the company was changed from “Au HOUSING FINANCE LIMITED" to "AAVAS FINANCIERS LIMITED” (AAVAS) vide fresh Certificate of Incorporation (COI) dated 29th March, 2017. AAVAS is engaged in the business of providing housing loans, primarily in the un-served, unreached and under-served market which include the States of Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chattisgarh, and Delhi. AAVAS is primarily engaged in the business of providing housing loan to customers belonging to low and middle income segment in semi-urban and rural areas. These are credit worthy customers who may or may not have the income proof documents like IT return, salary slip and hence are financially excluded by other large housing finance companies and banks. AAVAS uses unique appraisal methodology to assess these customers individually. The financing solution need to be appropriated and suitable to them. AAVAS believes that every customer is unique and so far as his financial needs & feel it is absolutely necessary not to treat them as a homogenous group of borrowers but appreciate the individual need of every customer, and offer housing Finance solutions that are appropriate and suitable to them. The “Great Place to Work ® Institute” has certified Aavas Financiers Limited as a “Great Place to Work” based on the rigorous assessment and in-depth analysis of employees’ experience and people practices.
Mission: To empower and upgrade lives of low and middle income customers by providing them accessible home loans and setting pioneering benchmarks in unserved and underserved markets.
Vision: Enriching lives of people by enabling them to achieve their dream of owning a home: SAPNE AAPKE, SAATH HAMAARA

Aavas Financiers Ratings

based on 1.8k reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
893
4
346
3
223
2
117
1
217

Category Ratings

3.8

Skill development

3.7

Job security

3.6

Company culture

3.6

Salary

3.6

Work-life balance

3.6

Work satisfaction

3.4

Promotions

Aavas Financiers is rated 3.9 out of 5 stars on AmbitionBox, based on 1.8k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Aavas Financiers
based on 1.7k reviews
3.8
Rated by 80 Women
Rated 3.8 for Work-life balance and 3.8 for Job security
3.9
Rated by 1.6k Men
Rated 3.8 for Skill development and 3.7 for Job security

Work Policy at Aavas Financiers

based on 208 reviews in last 6 months
Work from office
87%
Permanent work from home
7%
Hybrid
6%

Aavas Financiers Reviews

Top mentions in Aavas Financiers Reviews

+ 5 more

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Highly Rated for
Skill development
Job security
Skill development
Job security
Salary
Skill development
No highly rated category
Critically Rated for
No critically rated category
Promotions
No critically rated category
Promotions
Primary Work Policy
Work from office
87% employees reported
Work from office
84% employees reported
Work from office
78% employees reported
Work from office
89% employees reported
Rating by Women Employees
3.8
Good
rated by 80 women
3.7
Good
rated by 8.3k women
4.1
Good
rated by 68 women
3.4
Average
rated by 312 women
Rating by Men Employees
3.9
Good
rated by 1.6k men
3.9
Good
rated by 29.4k men
4.0
Good
rated by 304 men
3.8
Good
rated by 1.8k men
Job security
3.7
Good
4.0
Good
4.0
Good
3.4
Average
View more

Aavas Financiers Salaries

Aavas Financiers salaries have received with an average score of 3.6 out of 5 by 1.8k employees.

Credit Manager

(291 salaries)
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₹2.5 L/yr - ₹8.5 L/yr

Branch Head

(278 salaries)
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₹3 L/yr - ₹11 L/yr

Business Manager

(231 salaries)
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₹2.5 L/yr - ₹7.9 L/yr

Relationship Officer

(227 salaries)
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₹1.1 L/yr - ₹3.5 L/yr

Disbursement Officer

(225 salaries)
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₹1.3 L/yr - ₹3 L/yr

Senior Relationship Officer

(159 salaries)
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₹1.8 L/yr - ₹4 L/yr

Relationship Manager

(149 salaries)
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₹1.8 L/yr - ₹5 L/yr

Assistant Business Manager

(102 salaries)
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₹2.3 L/yr - ₹6 L/yr

Branch Credit Manager

(87 salaries)
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₹3.5 L/yr - ₹7.9 L/yr

Area Credit Manager

(84 salaries)
Unlock
₹5 L/yr - ₹14 L/yr

Aavas Financiers News

Financials Q3 Results Preview - What's In Store For SFBs, NBFCs, HFCs & Ratings; Read Yes Securities' Analysis

Bloomberg Quint | 8 Jan, 2025
Financials Q3 Results Preview - What's In Store For SFBs, NBFCs, HFCs & Ratings; Read Yes Securities' Analysis

Broker’s call: Aavas Financiers (Buy)

HinduBusinessLine | 17 Dec, 2024
Broker’s call: Aavas Financiers (Buy)

'Buy' Aavas Financiers For An Upside Of 28%, Says IDBI Capital; Here's Why

Bloomberg Quint | 16 Dec, 2024
'Buy' Aavas Financiers For An Upside Of  28%, Says IDBI Capital; Here's Why

Stocks To Buy: Muthoot, Shriram Finance, Aavas, Ugro Among Others To Buy For An Upside Upto 43% By Systematix

Bloomberg Quint | 26 Nov, 2024
Stocks To Buy:  Muthoot, Shriram Finance, Aavas, Ugro Among Others To Buy For An Upside Upto 43% By Systematix
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Aavas Financiers FAQs

When was Aavas Financiers founded?
Aavas Financiers was founded in 2011. The company has been operating for 14 years primarily in the NBFC sector.
Where is the Aavas Financiers headquarters located?
Aavas Financiers is headquartered in Jaipur, Rajasthan and has an office in Jaipur
How many employees does Aavas Financiers have in India?
Aavas Financiers currently has more than 6,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Aavas Financiers based on the number of reviews submitted on AmbitionBox.
Does Aavas Financiers have good work-life balance?
Aavas Financiers has a Work-Life Balance Rating of 3.6 out of 5 based on 1,700+ employee reviews on AmbitionBox. 69% employees rated Aavas Financiers 4 or above, while 31% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Aavas Financiers work-life balance reviews for more details
Is Aavas Financiers good for career growth?
Career growth at Aavas Financiers is rated as moderate, with a promotions and appraisal rating of 3.4. 31% employees rated Aavas Financiers 3 or below, while 69% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Aavas Financiers promotions/appraisals reviews for more detailed insights.
What are the pros of working in Aavas Financiers?
Working at Aavas Financiers offers several advantages that make it an appealing place for employees. The company is highly rated for skill development, based on 1,700+ employee reviews on AmbitionBox.
Aavas Financiers Overview
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