MoneyWorks4Me

Aavas Financiers increases AFL prime lending rate

10 Dec 2022 Evaluate

Aavas Financiers has increased its AFL Prime Lending Rate (PLR) by 35 basis points. This increase is with effect from January 05, 2023. Earlier, the company had been awarded the Best Non-Banking Financial Company (NBFC) for the year 2020-21 in Financial Express India’s Best Banks Awards 2022.

Aavas Financiers is a retail, affordable housing finance company, primarily serving low and middle income self-employed customers in semi-urban and rural areas in India.

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