CA Loan fees and charges

Read the fees and charges in detail before applying for our CA Loan.

APPLY

Applicable fees and charges

Type of fee

Applicable charges

Rate of interest

11% - 18% per annum
Processing fees Up to 2.95% of the loan amount (inclusive of applicable taxes).
Document processing charges Up to Rs. 2,360/- (inclusive of applicable taxes)








Flexi Fee

Term Loan – Not applicable

Flexi Term Loan (Flexi Dropline) - Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Variant (as applicable below) -
Up to Rs. 1,999 (inclusive of applicable taxes) for loan amount up to Rs. 1,99,999/-

Up to Rs. 3,999 (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-

Up to Rs. 5,999 (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-

Up to Rs. 6,999 (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-

Up to Rs. 7,999 (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

*Charges will be deducted upfront from the loan amount

Bounce charges

Rs. 1,500/- per bounce

Penal interest

Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment, from the date of default until the receipt of monthly instalment.

Pre-payment charges

Full Pre-payment
Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

Part Pre-payment
Up to 4.72% (inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.
Not Applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi

Stamp duty

Payable as per state laws and deducted upfront

Mandate rejection charges

Rs. 450 per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered.
Annual maintenance charges

Term Loan: Not Applicable

Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid Loan: Up to 0.59% (inclusive of applicable taxes) of the total withdrawable amount during initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable Amount during subsequent tenure.







Broken period interest/ Pre-EMI Interest

"Broken Period Interest/ Pre-EMI Interest" shall mean the amount of interest on loan for the number of day(s) which is(are):

Scenario 1: Over and above the period of 30 (thirty) days from the date of disbursement of the loan

Method of recovery of Broken Period Interest/ Pre-EMI Interest:
For Term Loan: Deduct from disbursement
For Flexi Term Loan: Added to first instalment amount
For Hybrid Flexi Loan: Added to first instalment amount

Scenario 2: Less than period of 30 (thirty) days from the date of disbursement of the loan, Interest on first instalment will be charged for actual number of days
Switch fees* Up to 1.18% of the loan amount (inclusive of applicable taxes)

*Switch fees is applicable only in case of switch of loan. In switch cases, processing fees and documentation charges will not be applicable.

How to apply for a chartered accountant loan

‌

Step-by-step guide to apply for a CA loan

  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 details, such as your full name, PAN, date of birth, and PIN code.
  4. Once you enter all your details, please click on 'PROCEED' to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our three CA loan variants – Term, Flexi Term, and Flexi Hybrid.
  6. Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on 'PROCEED'.
  7. Complete your KYC and submit your CA loan application.

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.

Frequently asked questions

What is the processing fee for a CA Loan?

The processing fee for a Bajaj Finserv CA Loan may go up to 2.95% of the loan amount, inclusive of taxes.

Is there a charge applicable on part-prepayments?

When making a part-prepayment, you must account for a fee of 4.72% (inclusive of applicable charges) on the part-prepayment amount paid.

What does bounce charge mean?

A bounce charge is the penalty incurred when you miss an EMI payment. Bajaj Finserv charges Rs. 1,500 per bounce, for every EMI missed. Also, in case of late payment or EMI(s) default, penal interest will be levied at a rate of 3.50% per month.

What is the interest rate for a CA loan?

You can get a Bajaj Finserv CA Loan at a competitive interest rate between 11% and 18% p.a.

Show More Show Less