Aavas Financiers Limited, formerly Au Housing Finance Limited, is an India-based housing finance company. The Company is engaged in providing the home loans to the customers belonging to low and middle income segment in semi urban and rural areas. It offers customers home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units. It also offers other mortgage loans, including loans against property. The Company has developed Aavas Plus, Aavas Refresh and Aavas Winback products. Through Aavas Plus, the Company lends incremental loans. Aavas Refresh is a customer retention strategy for customers who service their loans and whose repayments are reaching completion. Aavas Winback is for customers whose loans are either foreclosed or closed on maturity, or those who did not avail a previously sanctioned loan. Aavas Finserv Limited is the Companyâ€™s wholly owned subsidiary.