- Punjab National Bank (PNB) Housing Loan for Public including Chartered AccountantsChartered Accountants (both government and non-government employees) who meet the eligibility criteria for the PNB Housing Loan for Public will be able to avail a home loan. The highlights of the PNB Housing Loan for Public scheme can be summed up as follows:Explore: Punjab National Bank Home Loan
- Low rates of interest which start at as low as 7.15% p.a.
- Avail a loan amount of up to Rs.25 lakh for the purpose of repairs, alterations, and renovations
- Avail a loan amount of up to Rs.50 lakh for the purpose of purchasing of land or plot for house building
- Avail a loan repayment period of up to 15 years to 30 years under the scheme
- Pay only a nominal processing fee of as low as 0.35% of the loan amount subject to a minimum of Rs.2,500
- State Bank of India (SBI) Regular Home LoanChartered Accountants (both government and non-government employees) can avail the benefits of the SBI Regular Home Loan offered by the State Bank of India (SBI). The features and benefits of the scheme can be listed as follows:Explore: State Bank of India Home Loan
- Interest rates are dependent on the risk factor of the customer
- The loan repayment tenure can go up to 30 years
- No penalty is charged on the pre-payment of loan amount
- No hidden fees and charges are applicable
- The processing fee is low
- Overdraft facility is available for the customers
- Women borrowers are eligible for special rates
- The interest is charged on a Daily Reducing Balance method
- Axis Bank Home loan for Chartered AccountantsAxis Bank offers home loans for all eligible salaried and self-employed individuals. If you are a Chartered Accountant (both government and non-government employees) and you fulfill the eligibility criteria of the bank, you can avail the benefits of the scheme. The features and benefits of the Axis Bank Home Loan can be listed as follows:Explore: Axis Bank Home Loan
- Competitive rates of interest which start at 7.75% p.a.
- The loan amount starts at as low as Rs.3 lakh
- Easy home loan refinance option is available
- It offers the option of choosing between floating rates and fixed rates
- Easy and hassle-free loan application and loan approval process
- Pre-payment charges are not applicable on the loans
- HDFC Bank Home Loan for Chartered AccountantsHDFC Bank offers home loans for chartered accountants (both salaried and self-employed) starting at an interest rate of 6.90% p.a. HDFC Bank offers a completely online, hassle-free home loan solution. The features and benefits of the HDFC Bank Home Loan are as follows:
- The home loans can be availed for purchasing properties from private developers through approved projects
- The home loans can be availed for purchasing properties from different Development Authorities such as MHADA and DDA
- Lucrative rates of interest starting at 6.90% p.a.
- It offers services for all home loans across the country with its integrated branch network
- Special rates of interest for women borrowers
- Services can be availed across the country
Verdict
Chartered Accountants can apply for a home loan through most banks and NBFCs on the basis of their eligibility criteria. As a Chartered Accountant, you can compare the best home loan products and choose the one that suits your requirements. Although there are only a few financial institutions which offer a dedicated home loan product for Chartered Accountants, you can apply for a home loan a lender of your choice if you fulfill the eligibility criteria of the lender.
A good credit score can help you secure lower interest rates on loans and credit cards.
- What special features do home loans offer to the Chartered Accountants?
Special features such as competitive interest rates, lower down-payment requirements, and quick loan approvals are offered to the Chartered Accountants (CAs) as they are often treated as low-risk borrowers.
- Which lenders offer home loans specifically tailored for CAs?
CA-specific home loans are offered by various banks and housing finance companies in India offer, such as Bajaj Housing Finance, IDFC First Bank, and others and provides benefits like doorstep services, flexible tenure, and high loan amounts.
- What interest rates can CAs expect on home loans?
Interest rates typically starts around 7.60% p.a. on floating-rate home loans for CAs.
- What eligibility criteria apply for CAs seeking home loans?
Applicants usually need to be Indian residents aged between 23 to 70 years of age, hold a valid Certificate of Practice (CoP), and have a minimum of three years of professional experience.
- How quickly can a CA get approval and disbursal?
Some lenders promise approval within 48–72 hours post-document submission, along with fast disbursement timelines.
- What loan amounts and tenures are available for home loans for Chartered Accountants?
Home loans can range up to Rs.5 cr or more, with repayment tenures stretching up to 32 years for salaried CAs and more than 30 years for self-employed ones.
- Can CAs apply for home loan balance transfer or top-up loans?
Yes, CAs can apply for home loan balance transfer or top-up loans to cover additional housing expenses.
- What documents are generally required for home loans for Chartered Accountants?
To apply for home loans for Chartered Accountants, the documents required include KYC (Know Your Customer), CoP, income proof (salary or P&L and ITR), bank statements, property documents (like title deed), and proof of employment or business.