Home Loan for Chartered Accountants

Best Home Loans for Chartered Accountants

1. 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
   1. Low rates of interest which start at as low as 7.15% p.a.
   2. Avail a loan amount of up to Rs.25 lakh for the purpose of repairs, alterations, and renovations
   3. Avail a loan amount of up to Rs.50 lakh for the purpose of purchasing of land or plot for house building
   4. Avail a loan repayment period of up to 15 years to 30 years under the scheme
   5. Pay only a nominal processing fee of as low as 0.35% of the loan amount subject to a minimum of Rs.2,500
2. 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
   1. Interest rates are dependent on the risk factor of the customer
   2. The loan repayment tenure can go up to 30 years
   3. No penalty is charged on the pre-payment of loan amount
   4. No hidden fees and charges are applicable
   5. The processing fee is low
   6. Overdraft facility is available for the customers
   7. Women borrowers are eligible for special rates
   8. The interest is charged on a Daily Reducing Balance method
3. 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
   1. Competitive rates of interest which start at 7.75% p.a.
   2. The loan amount starts at as low as Rs.3 lakh
   3. Easy home loan refinance option is available
   4. It offers the option of choosing between floating rates and fixed rates
   5. Easy and hassle-free loan application and loan approval process
   6. Pre-payment charges are not applicable on the loans
4. 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:
   1. The home loans can be availed for purchasing properties from private developers through approved projects
   2. The home loans can be availed for purchasing properties from different Development Authorities such as MHADA and DDA
   3. Lucrative rates of interest starting at 6.90% p.a.
   4. It offers services for all home loans across the country with its integrated branch network
   5. Special rates of interest for women borrowers
   6. 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.

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