As a chartered accountant you are smart with money, and understand the value of a good, affordable loan. But, whether you are arranging funds to grow your practice or to finance your child’s education, choosing the right loan is key. Instead of taking a regular term loan, choose from Bajaj Finserv’s customised suite of four Loans for Chartered Accountants. This bouquet of loans is diverse and allows you to fulfil all your needs with ease.
Take a look at the types of CA Loans offered by Bajaj Finserv and their uses to find one that’s right for you.
Business Loan for Chartered Accountants
You may need funds for various professional needs such as to boost working capital, to complete the purchase of new computers or accounting software, pay for expansion, etc. You may also need to hire specialised CAs to join your workforce during periods of seasonal demand or when you are expanding operations. In these cases, a Business Loan for CAs from Bajaj Finserv offers you high-value capital up to Rs.35 lakh with the money credited in your bank account in 24 hours. This loan is unsecured and can be repaid in 12–60 months.
Personal Loan for Chartered Accountants
If you are looking to fund personal needs such as home renovation, paying for a family wedding, international family vacation, medical emergency and/or hospitalisation, apply for a Personal Loan for CAs. It gives you a sanction of up to Rs.35 lakh and is collateral-free. Moreover, this loan has a flexible repayment tenor that ranges from 12 to 60 months. You can also enjoy additional benefits such as easy eligibility, minimal documentation, nominal rate of interest, and swift approval with money in the bank in just 24 hours.
Home Loan for Chartered Accountants
You can become a homeowner without any stress with a Home Loan for CAs. This loan gives you funds up to Rs.2 crore along with various facilities such as customised insurance schemes, property search services, and property dossier services. These benefits make it easier for you to buy a home on your terms. Also, you can repay the loan comfortably over a tenor of up to 240 months. Further, in case you require cash to purchase furniture or fixtures, or to carry out renovation, you can avail a high-value top-up loan at a nominal rate of interest. Availing a top-up loan is easy and you do not have to apply for one separately.
Loan Against Property for Chartered Accountants
You can access this secured loan of up to Rs.2 crore by submitting your property papers as collateral. This loan gives you a series of value-added services such as property search and insurance too. The high amount offered by this loan allows you to fund expensive needs effortlessly. Moreover, you can get quick approval on your application within 24 hours. So, whether it is buying a second home, an office space, or funding your children’s overseas degree, this loan is extremely useful, with a tenor of up to 240 months.
Choose a Flexi Loan for added ease
You can add more flexibility by availing any of these loans as a Flexi Loan instead of a term loan. This facility allows you to borrow multiple times from your sanction as per your needs. Also, you can prepay funds when you have excess income and even re-avail the prepaid amount. Here, you have to pay interest on the sum you use, you can choose to pay interest as EMIs and repay the principal once the tenor lapses. This helps you lower your EMIs by up to 45%.
Armed with this information you can proceed towards taking a Loan for CAs to fund various needs.
To apply, click here.