How to apply for a chartered accountant loan
Frequently asked questions
If you are a practising CA, you can get a loan of up to Rs. 55 lakh by meeting our simple eligibility parameters.
You will need documents such as:
- KYC documents such as PAN, Aadhaar, driving license, voter’s ID, or a passport
- Certificate of Practice
- Bank account details
You can apply for a CA loan even if you have an existing loan. However, we will analyse your loan repayment capacity before approval. Remember, applying for multiple loans may affect your CIBIL score negatively and influence your chances of getting another loan.
Flexi Term Loan is a unique variant of our CA loan. It allows you to withdraw from your assigned loan amount or pay a part of your loan as and when you need it.
You are charged interest only on the amount that you withdraw. And there is no part-prepayment fee applicable.