Whether you’re looking to maximise profits by updating your skills or want to employ more accountants to capitalise on new opportunities for your practice, your professional growth depends on having enough cash on hand. To meet your personal goals too, be it planning an international holiday, or meeting urgent medical expenses, organising timely finances is key. Rather than withdrawing your investments or dipping into your savings, you can get the money you need by relying on a customised Loan for Chartered Accountants from Bajaj Finserv.
This umbrella of financing options offers professionals like you two collateral-free loan options: a Personal Loan for Chartered Accountants and a Business Loan for Chartered Accountants.
With the simplest eligibility criteria that are tailored for CAs, you will find it easy to qualify for these loans. Better yet, you will get the money in hand in just 24 hours, with one of the fastest disbursal timelines in the country. So, you can meet your financial deadlines without a hassle. With an amount up to Rs.35 lakh, you can spend the money sanctioned to you as you please.
Here’s what makes these unsecured Loans for Chartered Accountants the best solution to meet your short-term needs for finance.
1. They place no restrictions on use, so you’re in the driver’s seat
With a loan amount up to Rs.35 lakh, you’re in charge of where and how you spend the money you are sanctioned. So, you can buy financial and statistical software or hire an auditor to grow your practice, or pay for your daughter’s wedding or a family vacation in Australia without a worry.
2. They don’t require you to arrange for any collateral
Whether you choose a personal or business loan for CAs, you don’t need to pledge any security or collateral. Eliminating the hassle of arranging for personal or business assets significantly reduces the number of documents required to apply for a loan. This in turn also speeds the loan disbursal process.
3. They give you money in bank in 24 hours to attend to your cash crunch
Not only do you get instant approval on your loan application, but you also get the funds on the same day. This gives you fast cash at your fingertips to meet urgent needs, be it the last-minute GST payments for your practice or the hospitalisation costs for a loved one.
4. They are simple to qualify for, so you can be rest assured of getting approval
The main criteria of getting approval on your loan application is having a Certificate of Practice that is at least 4 years old. Apart from that, you also need to own a property in one of the locations where Bajaj Finance operates. With a simple two-pronged eligibility, you are sure to be eligible for this loan.
5. They are easy to apply for online
All you need to do is fill in a simple form online with personal and professional details. This easy online application process ensures that you don’t waste precious time in visiting a branch to apply for a loan; instead, you can focus on your other responsibilities.
6. They come with pre-approved offers to make the process more convenient
Whether you are an existing Bajaj Finserv customer or not, you can check your pre-approved loan offer to hasten the application process. This personalised offer will have a ready loan amount waiting for you, so you can address urgent needs even faster.
7. They offer flexibility of use and repayment with Flexi Loans
When your need for finance is unpredictable or when you want to manage your cash flow more easily, you can choose to take a Flexi Loan variant. This facility allows you to borrow as much as you need, when you need it. You only pay interest on what you use to keep your EMIs low. You can then pay off the principal at the end of the tenor. Further, you can choose to pay interest-only EMIs, so you can manage your finances more comfortably.
8. They are affordable and make repayment easy on the wallet
With a repayment tenor spanning 12 months to 60 months, you can choose the duration based on your income and finances. Further, both personal and business loans for CAs are offered at nominal interest to make repayment more affordable.
9. They require minimal paperwork so you don’t get caught up in formalities
All you need to submit are basic KYC documents like your ID and address proof along with your CoP and proof of property ownership. This ensures that you don’t waste time in collecting documents, and can cater to your busy schedule with ease. Additionally, Bajaj Finserv offers doorstep document pickup from your home or office, so you can avoid travelling to a branch.
10. They don’t have hidden fees and charges that will surprise you later
Bajaj Finserv’s Loans for Chartered Accountants have a transparent fee structure. Apart from the interest, you only have to pay a minimal processing fees. You pay zero prepayment or foreclosure charges when you take this loan on a floating interest rate. So, you can repay the loan when you have the funds to do so, without shelling out anything extra.
With a fast-track loan that puts your needs first, you can get the funds you require in your bank account in just 24 hours. So, whether it is to expand your practice or cater to personal and family needs, opt for the Bajaj Finserv CA loan.