🇮🇳 India

Aavas Financiers Last updated2026-05-28

Aavas Financiers EMI Calculator 2026 rates.

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Quick answer

Aavas Financiers home loan rate starts at 10.5% (typical 12%) as of 2026. A ₹50 lakh loan at 12% over 20 years = an EMI of approximately ₹55,054/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Aavas Financiers loan rates (May 2026)

🏠 Home Loan

10.5–16%

typical: 12% p.a.

💵 Personal Loan

12–18%

typical: 13.5% p.a.

🚗 Car Loan

9.5–13%

typical: 10.5% p.a.

💳 Processing Fee

1.0-2.0% of loan amount (min ₹5,000) for affordable home loans. LAP processing 1.5-2.5%.

🔁 Prepayment

Zero foreclosure charges on floating-rate individual home loans (RBI mandated). 4% on fixed-rate loans if prepaid from non-own-source funds.

About Aavas Financiers

Why choose Aavas Financiers?

Aavas Financiers, founded in 2011 (originally as AU Housing Finance before AU SFB acquired the small-finance-bank license and spun off the HFC), is one of India's leading affordable-housing-focused HFCs. Headquartered in Jaipur, Aavas operates through 380+ branches concentrated in Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, and select northern/central states, with an AUM of approximately ₹16,000 crore. The average ticket size is just ₹9-10 lakh, and over 60% of borrowers are self-employed or in the informal economy. Listed on BSE/NSE since October 2018, Aavas is backed by Kedaara Capital and Partners Group as anchor investors and carries AA ratings.

🎯 Unique angle

Aavas Financiers is one of the most discipline-driven affordable-housing HFCs, with a 100% in-house sourcing model (no DSAs), industry-leading GNPA below 1.1%, and the ability to underwrite informal-income borrowers using cash-flow-based assessment instead of formal income proofs.

Product highlights

✓ Home Loan for Self-Employed (Informal Income)
✓ Home Loan for Salaried
✓ Home Improvement / Extension Loan
✓ Plot + Self-Construction Composite Loan
✓ Loan Against Property (LAP)

❓ Aavas Financiers FAQ

Common questions.

How is Aavas Financiers different from a commercial bank or large HFC?

Aavas exclusively serves the affordable-housing segment with average ticket sizes of ₹9-10 lakh — far below the ₹30 lakh+ that mainstream banks and large HFCs prefer. Aavas underwrites self-employed and informal-income borrowers (small shopkeepers, contractors, farmers, dairy owners) using cash-flow assessment, document-light processes, and branch-visit-based personal discussion. Rates are 250-400 bps higher than mainstream banks, reflecting the credit and operational cost of this segment.

Who should choose Aavas Financiers for a home loan?

Aavas is ideal for self-employed informal-sector borrowers in Tier-3 towns and rural India of Rajasthan, MP, Gujarat, and Maharashtra, with ticket sizes of ₹5-25 lakh, who cannot easily document income via ITR/Form 16. First-time home buyers under the Pradhan Mantri Awas Yojana (PMAY) credit-linked subsidy scheme are also a natural fit.

Is Aavas Financiers safe and well-rated?

Yes — Aavas carries AA/AA- ratings from CARE, ICRA, and CRISIL, has been profitably listed on BSE/NSE since 2018, and maintains a GNPA below 1.1% (best-in-class for affordable HFCs). Backed by Kedaara Capital and Partners Group as significant shareholders, Aavas is regulated by RBI/NHB and has consistently raised debt from banks, NCDs, and NHB refinance lines.

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