Chartered Accountant Loan: Fees and Charges

With a loan tenor of up to 60 months and low rate of interest for CA Loan in India, the minimal fees and charges applicable are:

 

Charges applicable

Processing fees

2% of the loan amount will be deducted at the time of disbursal of the approved loan amount.

Secure fee

A convenience fee of Rs.1,999/- is applicable for online professional loans

EMI bounce charges

Rs.1,000/- will be charged in the subsequent month for every bounce

 

Foreclosure Charges

Borrower Type: Interest Type Time Period (Months) Foreclosure charges
NA >1 4% plus applicable taxes on principal outstanding *

*Foreclosure: charges will be applicable on the current principal outstanding.
*Foreclosure charges for line of credit and Flexi loans will be calculated on the Current principal outstanding

 

Part prepayment charges

Borrower Type: Interest Type Time Period (Months) Part payment charges
NA >1 2% plus applicable taxes on part payment amount paid

*Part payment made should be more than 1 EMI
*Nil part payment charges for flexi

 

Contact Us

For any queries regarding Chartered Accountant Loan, please SMS CA to 9773633633 or Give a missed call on 09266900069