Empower Your Expertise. Elevate Your Practice. Flexible and Strategic Business Loans for Chartered Accountants' Growth.
As a chartered accountant, you are excellent at guiding people, conducting audit, and finding a solution to your client based on their financial documents. However, if you want to scale the business, then you will need more working capital to expand the office space, hire more employees, among others.
Realizing the importance of quick business financing, we present chartered accountant business loans tailored to individual needs. We offer professional and efficient loan solutions that helps you grow and diversify your practice and business at the right time through our efficient and swift digital lending solutions.
Get immediate approval for a business loan up to Rs. 1 Core. You can apply for our business loan online, as long as you meet some basic criteria mentioned below. Meet the simple requirements for business loan eligibility and complete the necessary documentation to receive the funds you require in as little as 24 hours* after approval.
* Charitable organizations, NGOs, and trusts are not eligible for a business loan.
Note: The above-mentioned eligibility criteria are for indicative purposes only. Actual eligibility criteria defined by Banks/NBFCs shall vary as per their sole discretion and shall be defined at the time of loan application submission.
Documents required for business loans to establish your business identity, income, loan repayment capacity, and place of business. Here are the few common set of documents that you will need to submit when applying for a business loan:
Although business loan rates and charges might differ significantly based on the credit history of the loan applicant and the business itself, the following table will provide you with a general indication of what to expect:
Particulars | Charges |
Business Loan Interest Rates | 9.75% p.a onwards |
Loan Amount | ₹1 Lakh to ₹1 Core |
Loan Processing Fees | Minimum 2% plus applicable taxes |
Lowest EMI per month | Starting from ₹2,112* per Lakh for 60 months |
Loan Tenure | 12 - 60 months |
Prepayment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
Default Interest | Minimum 3% per month |
Repayment Instrument Dishonor Charges | Upto Rs. 2500/ + GST (if applicable) per bounce |
Stamp Duty | At actuals (as per state) |
* No Other Hidden Charges |