What are the benefits of a chartered accountant loans?

2 min read

A chartered accountant (CA) loan is a type of professional loan that is designed to meet the specific financial needs of chartered accountants. Whether you want to start your own practice, expand your existing business, hire staff, or meet any other personal or professional requirements, a CA loan can help you achieve your goals.

Unlike regular loans, a chartered accountant loan factors in your professional qualifications. It offers you benefits like simpler eligibility terms, minimal documentation, doorstep document pickup, loan disbursal in 48 hours* and more.

Benefits of CA loan

  • Higher loan amount: You can get a chartered accountant loan of up to Rs. 75 lakh from Bajaj Finance. This can help you fund your large-scale expenses without any hassle.
  • Competitive interest rates: A chartered accountant loan offers a competitive interest rate compared to other types of loans. The interest rate depends on various factors, such as your credit score, income, loan amount, and tenure.
  • Flexible repayment tenure: You can choose a repayment tenure that suits your cash flow and convenience. We offer a chartered accountant loan for a tenure ranging from 12 months to 96 months.
  • Collateral-free loan: A chartered accountant loan is an unsecured loan, which means you do not have to pledge any asset or property as collateral to avail it. This reduces the risk and hassle involved in the loan process.
  • Easy eligibility and documentation: A chartered accountant loan has simple and minimal eligibility criteria and documentation requirements. You just need to be a qualified and practicing CA between 22 years to 80 years. If you have a CIBIL Score of 685 or higher and a certificate of practice, you can apply for a CA loan by submitting your KYC documents.
  • Quick approval and disbursal: A chartered accountant loan can be applied online through a simple and convenient application process. You can get instant approval and disbursal of your loan amount within 48 hours*.
  • Flexi variants: Bajaj Finance offers Flexi variants of chartered accountant loans, such as Flexi Term Loan and Flexi Hybrid Loan. These variants allow you to borrow as per your need and pay interest only on the amount used. You can also make multiple withdrawals and part-prepayments without any extra charges. This gives you more control and flexibility over your finances.

A chartered accountant loan is a smart and convenient way to finance your personal and professional needs. It can help you grow your practice, enhance your skills, improve your lifestyle, and achieve your dreams. If you are a chartered accountant looking for a loan, you can compare the features and benefits of different lenders and choose the one that suits you best.

With Bajaj Finance CA loan, get high loan amounts of up to Rs. 75 lakh  (inclusive of Insurance premium, VAS charges, documentation charges, Flexi fees, and processing fees) for unsecured loan. For secured loans like loans against property, get a loan of up to Rs. 1.05 crore, by filling out a short online application form. Use the funds without any restriction and repay the loan comfortably between 12 months and 96 months.

*conditions apply.

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