The cost of a house can run into lakhs and crores of rupees, which is difficult to organise on short notice. With chartered accountants facing a shortage of time in their everyday life, a quick and convenient financing option that enables purchasing a house with minimum hassle will suit their requirements.
To meet such financing needs, lenders like Bajaj Finserv bring Home Loan for Chartered Accountant. It is a credit option specially designed to fulfil quick and flexible financing needs of such professionals for purchasing their dream home. Besides, these loans also come with numerous benefits that make repayments easier. Have a look at the features and advantages these loans come with.
Features and benefits of home loan for chartered accountant:
- Loan amount of high value
A chartered accountant can avail this professional loan with a maximum amount of up to Rs. 2 Crore. Such high-value home loans for chartered accountants are sufficient to purchase the perfect abode at your preferred location.
With funds not being an obstacle, you can expand the scope of your search as per your preferred budget and amenity requirements.
- Long repayment tenor of up to 240 months
Home loan for chartered accountant comes with a long repayment tenor of up to 240 months. So, you can spread the EMIs and repay it conveniently over the chosen tenor.
Whenever you have excess money in hand, you can also choose to opt for the part-prepayment or foreclosure facility. Partly prepaying the loan amount reduces the outstanding principal and eventually the interest incurred on it. Prepayment thus enables you to save considerably on interest payments by cutting down either the tenor or the EMI amount.
You can also choose to repay the entire principal amount before the tenor ends. Both foreclosure and part-prepayment incur nominal processing fees to be paid by the borrowers. Hence, one must check such associated fees and charges before applying for the loan.
Bajaj Finserv allow foreclosure and prepayments without any charges provided the borrower has opted for floating interest rates at the time of availing the loan.
- Quick processing and approval of loan application
Lenders like Bajaj Finserv ensure funds do not come in the way of purchasing your dream home with their fast processing and approval feature. They also ensure CA Loan approval and disbursal within 24 hours in case you avail unsecured advances like personal loan for self employed.
Bajaj Finserv also brings pre-approved offers on secured loans like home loans as well as unsecured loans like personal loans and business loans, along with many other financial products. These offers make the process of availing finance quick and easy. You may check your pre-approved offer by providing a few simple details like your name and contact number.
- High-value top-up loan on balance transfer
If you transfer the balance of your existing home loan to Bajaj Finserv from another lender, you also get access to a high-value Top up Loan. Such loans have no end use restriction and incur lower interest rates than unsecured personal loans.
With an amount available over and above your existing loan, you can take care of additional array of expenses like home renovation, higher education, interior decoration, wedding, etc.
- Flexi loan facility
Affordability reaches a new height with the exclusive Flexi Loan facility on this professional loan from lenders like Bajaj Finserv. Here, you can withdraw the required money from a pre-sanctioned amount and interest is payable only on the withdrawn amount.
You may also choose to pay interest-only EMIs and prepay the principal whenever surplus funds are available. The facility makes repayment convenient and allows you to improve your cash flow.
With a home loan for chartered accountant, you also get other value-added services like property search and a customised property dossier to help you choose your dream home.
So, apply for the loan and make the most of these attractive features and benefits. Go through the checklist for a CA loan and be ready with the necessary documents before applying.