Business Loan for Chartered Accountants

Business Loan For Chartered Accountants : Features & Benefits

Take your firm to the next level with a Bajaj Finserv Business Loan for Chartered Accountants. The loan gives you up to Rs. 25 lakh in just 24 hours without any collateral needed. Added features like a Flexi Loan option and doorstep services make the loan 100% hassle-free for you.

Use the loan to get a new office space, open a branch office, integrate technology into practice, manage late payments from clients and pay extra recruits during the filing season.

Loans up to Rs. 25 lakh

Your practice can run smoothly with a Bajaj Finserv Business Loan for Chartered Accountants up to Rs. 25 lakh.
Flexible repayment tenors

You can choose a tenor from 12 months to 60 months that suits your firm’s earnings and cash flow
No need to pledge assets

These loans do not require you to provide any guarantor or collateral
Money in bank in 24 hours

The money is transferred to you in 24 hours so that all unplanned needs are taken care of
Minimal documentation

These loans eliminate lengthy paperwork and require you to submit minimum documents
Doorstep services

Our executives provide door-to-door services to collect your documents right from where you are.
Flexi Loan facility

Manage your cash flows smartly with a Flexi Loan facility as you get to withdraw the complete amount or in parts as per your firm’s requirements. You can pre-pay the loan when you get payments from clients or whenever you have surplus funds at no extra costs.
Online Access to Loan Account

View and manage your loan account wherever and whenever

Eligibility Criteria

To be eligible for Bajaj Finserv Business Loan for Chartered Accountants, you need to:

Have a COP that is active for a minimum of 4 years
Own a house/ office (At a location where Bajaj Finance Ltd operates)

Documents Required

Bajaj Finserv introduces the new way of taking loans with minimum documentation*

Certificate of practice
KYC of authorised signatories
Bank Statement
Photograph
*Please note that the list is indicative. During loan processing, additional documents may be needed.

Fees & Interest Rates

Interest rate

14-15%

Processing fees

Up to 2%

Loan statement charges

NIL

Interest and principal statement charges

NIL

Part-prepayment charges*

NIL

Penal interest

1.00% p.m

EMI bounce charges*

Rs. 1000

*Applicable following 1st EMI clearance

Foreclosure and Part Pre-payment charges

Borrower Type:Interest Type

Time Period(Months)

Foreclosure charges

Part-payment charges

4% plus applicable taxes on principal outstanding*

2% plus applicable taxes on part pre-payment amount paid

*Foreclosure charges will be applicable on the current POS outstanding.

*Nil part pre-payment charges for Flexi Term Loan.

*For regular Term Loans, foreclosure/part pre-payment can be done post clearance of 1st EMI.

*For Flexi Term Loans, part pre-payment can be made anytime and foreclosure can be done post clearance of 1st EMI.

Business Loan for Chartered Accountants – How to Apply

Apply for a Bajaj Finserv Business Loan for Chartered Accountants online or offline.

To apply offline:

SMS ‘CA’ to 9773633633
Or give a missed call on 9266900069

To apply online:

To apply easy, click here and follow these steps

1

Fill in your personal details

Enter basic details like your name, date of birth, address, and contact details
2

Receive confirmation call to know your offer

A Bajaj Finserv representative will give you a call and collect the documents right at your doorstep
3

Submit the requisite documents

Submit a copy of your KYC documents, certificate of practice, mortgage documents, financial statements and bank statements to our representative
4

Approval in 24 hours

Once the verification is done, your loan gets approved within 24 hours