Personal Loan for Chartered Accountants(CA) Upto 40 Lakh

Get personal loans up to ₹40 Lakh at an attractive interest rate of 9.85% exclusively for Chartered Accountants (CA) flexible tenure, minimal documentation, and quick approval to meet your financial needs. Apply now!

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Benefits of Personal Loans for Chartered Accountants

  • Loan Amount: Typically ranges from ₹50,000 to ₹40 lakh, depending on the bank and the applicant’s creditworthiness.
  • Interest Rates: Vary from 9.85% to 18%, with certain banks offering lower rates due to the low-risk profile of CAs.
  • Loan Tenure: Ranges from 12 to 84 months (1 to 7 years).
  • Processing Fees: Typically range from 1% to 2% of the loan amount.
  • Prepayment Charges: Usually between 2% to 5% on the outstanding loan amount, if applicable.

Comparison of Interest Rates for CA

When considering a personal loan, one of the most critical factors for Chartered Accountants (CAs) is the interest rate. The interest rate directly impacts the total cost of the loan and the monthly EMI payments. Here’s a comparison of interest rates for personal loans offered by various banks and financial institutions specifically tailored for Chartered Accountants.
Banks
InstitutionInterest ratesLoan amount
DBS bankFrom 10.99%Upto 15 Lakhs
HDFCFrom 10.5%Upto 40 Lakhs
Axis BankFrom 10.49%`Upto 40 Lakhs
ICICI bank10.75%-19%Upto 40 Lakhs
Bank of Baroda10.75% – 18.5%Upto 5 Lakhs
SBIFrom 11%Upto 30 Lakhs
IndusIndFrom 10.49%Upto 50 Lakhs
Yes BankFrom 10.99%Upto 40 Lakhs
Standard CharteredFrom 11.5%Upto 50 lakhs
IDFCFrom 10.49%Upto 50 Lakhs
Kotak MahindraFrom 10.99%Upto 40 Lakhs
PNBFrom 11.40%Upto 20 Lakhs
Bandhan bankFrom 11.55%Upto 25 Lakhs
NBFCs
InstitutionInterest ratesLoan amount
Piramal FinanceFrom 12.99%Upto 35 Lakhs
Shriram FinanceFrom 14%Upto 35 Lakhs
Tata CapitalFrom 10.99%Upto 35 Lakhs
InCredFrom 18%Upto 3 Lakhs
FinnableFrom 16%Upto 10 Lakhs
PaySenseFrom 16.8%Upto  5 Lakhs
PoonawallaFrom 9.99%Upto 30 Lakhs
FullertonFrom 11.99%Upto 25 Lakhs
LendingKartFrom 12%Upto 3 Lakhs
Axis FinanceFrom 13%Upto 25 Lakhs
L&T FinanceFrom 12%Upto 7 Lakhs
Mahindra FinanceFrom 10.99%Upto 10 Lakhs
Aditya BirlaFrom 11.99%Upto 50 Lakhs
Bajaj FinanceFrom 11%Upto 50 Lakhs

Eligibility for Chartered Accountants Personal Loans

Here’s a quick overview of the typical eligibility criteria for CAs:

CriteriaDetails
Age23 to 65 years
Professional QualificationMust be a certified Chartered Accountant
Work ExperienceMinimum of 1 year of practice or employment
Minimum IncomeVaries by lender; typically around ₹3 lakh per annum and above
Credit ScoreA good credit score, usually 750 or above, enhances eligibility

Documents Required for Chartered Accountants Personal Loans

Document TypeRequired Documents
Identity ProofPAN Card, Aadhaar Card, Passport, Voter ID
Address ProofUtility Bills, Rental Agreement, Passport, Aadhaar Card
Professional ProofMembership Certificate from ICAI
Income ProofLatest salary slips (if employed), last 3 years’ ITR, bank statements
PhotographRecent passport-sized photograph
Loan Application FormDuly filled and signed loan application form

How to Apply for Personal Loan for Chartered Accountants at Fincover?

  • Visit https://www.fincover.com/banking/loan/personal/ and Click Apply now button
  • Enter all the required information as requested and Submit your personal loan application
  • You will get a call back from our backend team for the process
  • Check if your personal loan is approved with the reference number
  • If approved and verified, the loan will disbursed in few days
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