As a chartered accountant, you are highly respected for your ability to conduct audits, advise your clients, and even find the best solutions. To further scale your operations and reach greater heights, you can choose to get extra working capital through a business loan for Chartered Accountants.
The offering is specially curated for chartered accountants to help them meet the financial requirement associated with upscaling their business and generating better results. Continue reading to know more about unsecured loans for chartered accountants.
Getting small business loans for CA comes with numerous benefits. Here are some of them:
Simple Application Process: You can apply for business loans for women CAs or men CAs in a few minutes with minimal details.
No Collateral or Guarantor Required: You do not need any security or a guarantor for a business loan for CAs on Bajaj Markets.
Repayment Tenure: You get the flexibility to choose a tenure ranging from 12-96 months and repay comfortably.
Attractive Interest Rates: Small business loans for CA are available on Bajaj Markets with interest rates starting at 14%.
Minimal Documentation: A business loan for women CAs or men CAs require basic documents and these can be uploaded.
To get your business loan for CA approved, you must fulfil the following eligibility criteria:
You must be an Indian citizen
You must be a professional Chartered Accountant
You must be part of the trade for a minimum of two years
You must be between the ages of 21 and 73
You must have a certificate of practice
You need to submit the following documents when applying for a business loan for chartered accountants.
Identity Proof: PAN card, Aadhaar card, Passport, Voter’s ID, Driving Licence
Residence Proof: PAN card, Aadhaar card, Passport, Voter’s ID, Driving Licence
Business Proof: Trade licence or business tax returns
Professional Qualification Proof: Professional degree and certificate of practice
Financial Documents: Bank statements for the last 6 months, latest income tax returns
Additional documents, as requested by the lender
To apply for a business loan for chartered accountants, you must follow the simple steps:
Step 1: Click on ‘APPLY NOW’ on this page
Step 2: Fill in the required documents and click on ‘CHECK YOUR OFFER’
Step 3: Assess and choose an offer most feasible
Step 4: Complete and submit your application
Once the lender processes your application, they will disburse the sanctioned amount upon approval. You can use Business Loan EMI calculator before applying to customise your loan and ensure that it fits into your budget.
No, you do not need to provide any collateral as security or take the assistance of any guarantor during the application process, as it is an unsecured loan.
Taking a CA business loan online is faster, more secure, hassle-free and transparent. It will save you a lot of time and effort.
Different lenders have different regulations and policies regarding the foreclosure of your loan. Typically, you can foreclose your loan after paying your first EMI or 6-12 months after paying your EMIs continuously.