Mudra Loan for Chartered Accountants (CA)

Starting your CA practice or expanding it to serve more clients often needs funding that’s quick, simple, and affordable. A Mudra Loan for chartered accountants offers up to ₹20 Lakhs without collateral, covering costs like office rent, accounting tools, or staff hiring. With low rates, quick approval, and simple paperwork, a Mudra Loan for a CA helps you manage growth costs easily and avoid financial pressure.

Here is how a Mudra Loan for chartered accountants makes it easier to grow your practice without financial strain:

No Collateral Needed

Get loans up to ₹20 Lakhs without offering any property or assets as security.

Zero Processing Fees

Apply without paying any upfront charges, making the loan more affordable from day one.

Loan Options for Every Stage

Pick from Shishu, Kishore, or Tarun categories based on how much capital your practice needs.

Suitable for All Practice Sizes

Available to solo chartered accountants, small firms, and growing practices alike.

Covers Cash and Non-Cash Needs

Use the funds for working capital or non-cash facilities like bank guarantees.

Funds a Wide Range of Expenses

Cover essentials like office rent, tools, staff salaries, or training with ease.

Low Interest Rates for CAs

Enjoy competitive rates designed specifically for small professional businesses under MSME norms.

Higher Loan Limits for Responsible Borrowers

Access a Tarun Plus loan if you have a clean repayment record on an earlier Tarun loan.

Below is a detailed interest and fee structure for different Mudra loan slabs applicable to chartered accountants:

Here are the key conditions you must meet to qualify for a Mudra Loan for chartered accountants:

• You must be a practising CA or run a registered chartered accountancy firm

• Your business can be a proprietorship, partnership, or private limited company

• You must not have defaulted on any previous loans or credit obligations

• A strong CIBIL score improves your chances of approval and better terms

• You must hold a valid CA qualification and registration if legally required

• You must be an Indian citizen with proper identity and address proof

• The loan must be used only for business-related or professional expenses

• Your work must generate non-farm income, such as consultancy or audit services

Here is how you can apply online for a Mudra Loan for chartered accountants through the Udyamimitra portal:

1. Visit the official Pradhan Mantri Mudra Yojana website and go to the Udyamimitra portal

2. Click on ‘Apply Now’ to begin your Mudra loan application for chartered accountants

3. Select your profile type as a New Entrepreneur, Existing Entrepreneur, or Self-employed Professional

4. Enter your full name, mobile number, and email ID, then complete OTP verification

5. Fill in your business and personal details accurately in the application form

6. Choose a handholding agency for guidance or skip to the loan application step

7. Select your preferred loan category: Shishu, Kishore, or Tarun, based on funding needs

8. Add your firm’s details including ownership type and nature of services offered

9. Upload all required documents including ID proof, business registration, and bank statements

10. Review your entries carefully, confirm the information, and submit your application

11. Track your loan status through the portal and respond promptly to lender updates

Here are the most effective ways to use a Mudra Loan for chartered accountants to grow and manage your practice better:

Set Up or Furnish Office Space

Use the loan to rent, renovate, or equip your office with essential furniture and fittings.

Buy IT and Accounting Tools

Invest in accounting software, computers, servers, and printers to streamline your work.

Hire Staff or Assistants

Use the funds to recruit and pay for junior CAs, admin staff, or interns.

Upgrade Client Management Systems

Pay for CRM software and other tools that improve how you manage client data and communication.

Promote Your Services Online

Cover marketing costs like website setup, digital ads, or business listings to attract new clients.

Enrol in Skill-building Courses

Join training programmes or workshops that help you improve your CA specialisations.

Fund Audit-related Travel

Pay for travel and stay expenses linked to client visits, audits, or seminars.

Expand to New Locations

Open branch offices in new cities or localities to grow your reach.

Here are some reliable government schemes you can consider if the Pradhan Mantri Mudra Yojana (PMMY) does not meet your funding needs:

Stand-up India Scheme

This scheme offers loans up to ₹1 crore for SC/ST or women entrepreneurs. It helps set up new businesses with bank and government support.

Credit Guarantee Fund Scheme (CGS)

Access loans up to ₹2 crore without offering any collateral. The credit risk is backed by the National Credit Guarantee Trustee Company.

PMEGP Scheme

Get support to launch a new micro-enterprise with subsidy-linked benefits. It is open to both rural and urban self-employed professionals.

SIDBI’s SMILE and CGTMSE Schemes

These provide customised funding for small businesses including CAs. Loans come with flexible terms and lower collateral requirements.

State-specific Loan Schemes

States like Maharashtra and Tamil Nadu offer loans to support local professionals. These are delivered through their industrial or development agencies.