Features and benefits of business loan for chartered accountants
-
Convenient repayment
Select a tenure ranging up to 96 months (8 years) to keep your EMIs aligned to your budget.
-
Zero collateral
Get approval without having to offer a personal or business asset as security.
-
Money in 48 hours*
Receive the funds in your bank account within 48 hours* of your application approval.
-
Basic documentation
Obtain a business loan with a Certificate of Practice and a few KYC.
-
Doorstep services
Your documents will be collected at your doorstep by a Bajaj Finance executive for added convenience.
-
Flexi facility
Borrow and prepay funds against your loan limit with zero extra charges. Choose to pay just the interest as EMI for the initial tenure.
-
Digital loan account
Prepay funds, view your statements, keep tabs on your outstanding balance and more with our customer portal – My Account.
Grow your firm with a Bajaj Finserv Business Loan for Chartered Accountants. Get up to Rs. 80 lakh (inclusive of Insurance premium, VAS charges, documentation charges, Flexi facility charges, and processing fees) in just 48 hours* of approval without providing collateral.
Use the loan to get a new office space, open a branch office, integrate technology into practice, manage late payments from clients, hire extra recruits during the filing season, and more. Repay it conveniently over a flexible tenure ranging between 12 months and 96 months.
For flexibility in borrowing, consider the Flexi loan facility. It offers you a pre-approved loan limit, against which you can borrow funds and prepay them as many times as you wish at nil charges. Further, your interest payment is limited to the amount you borrow only. Additionally, you can opt for interest-only EMIs for the initial tenure to reduce your monthly outgo by up to 45%*.
*Terms and conditions apply
Eligibility criteria for a business loan for chartered accountants
Get a business loan for chartered accountants from Bajaj Finance by meeting these simple eligibility terms.
- Nationality: Indian
- Age: 22 years to 80 years*
- CIBIL Score: 700 or higher
*age should be 80 years or less at the end of your tenure.
Documents required for a business loan for CA
Bajaj Finance approves loan applications after verifying a minimal set of documents*:
- KYC documents - Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job card
- PAN card
- Certificate of Practice
*Additional documents required, if any, will be communicated during the application process.
Applicable fees and charges
| Types of fees | Charges applicable |
| Rate of interest | 11% - 19% per annum |
| Processing fee | Up to 2.95% of the loan amount (inclusive of applicable taxes) |
| Flexi Facility Charge | Term Loan: Not applicable *The above flexi facility charges will be deducted upfront from the loan amount. *Loan amount includes approved loan amount, insurance premium and VAS charges. |
| Prepayment charges | Full prepayment • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the outstanding loan amount as on the date of such full prepayment. |
| Annual maintenance charges | Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Term Loan: Up to 0.59% (Inclusive of applicable taxes) of the Dropline limit during Initial loan tenor. Up to 0.295% (Inclusive of applicable taxes) of Dropline limit during Subsequent loan tenor |
| Bounce charges | Rs. 1,500 per bounce. “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason |
| Penal charge |
Delay in payment of instalment(s) shall attract Penal Charge at the rate of 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
| Stamp duty (as per respective state) |
Payable as per state laws and deducted upfront from the loan amount |
| Legal & Incidental charges | Recovery of charges |
| Principal Holiday Facility Fees | Principal Holiday (as applicable below) - Up to Rs. 1,999 (Inclusive of applicable taxes) for loan amount less than Rs. 2,00,000. Up to Rs. 3,999 (Inclusive of applicable taxes) for loan amount between Rs. 2,00,000 and 3,99,999. Up to Rs. 5,999 (Inclusive of applicable taxes) for loan amount between Rs. 4,00,000 and Rs. 5,99,999. Up to Rs. 6,999 (Inclusive of applicable taxes) for loan amount between Rs. 6,00,000 and Rs. 9,99,999. Up to Rs. 7,999 (Inclusive of applicable taxes) for loan amount Rs. 10,00,000 and above. Note- The above mentioned Principal Holiday Facility Fees charges are inclusive of applicable taxes. The above principal holiday facility fees will be deducted upfront from loan amount. Loan amount includes approved loan amount, Insurance Premium and VAS Charges. |
How to apply for a business loan for chartered accountants
Apply for a business loan for chartered accountants online in a few quick steps.
- 1 Click on the 'APPLY' button on this page
- 2 Enter your 10-digit mobile number and OTP
- 3 Fill in the application form with your basic personal and professional details
- 4 Once you fill out the form, click on ‘PROCEED’
- 5 Update the KYC details
- 6 Schedule an appointment for document verification
Note: Keep your Certificate of Practice handy to finish the KYC process.
Our representative will guide you on the next steps. The loan amount will be transferred to your bank account upon verification of your documents.
