Get a Professional Loan for CA at Attractive Interest Rates!
If you are a Chartered Accountant and harbour dreams of expanding your professional practice but facing financial challenges, simply apply for Poonawalla Fincorp’s Professional Loan for CAs. Our collateral-free loan is intended to help you achieve your specific professional goals. To enjoy features and benefits like hassle-free application process, quick approval, and flexible repayment tenure, apply now!
Different Purposes Fulfilled with a CA Loan
Unlike other types of loans, Professional Loans for CAs suit the varying financial needs of Chartered Accountants. You can take this loan to boost your professional practice and achieve other goals.
Listed below are some of the different purposes that you can fulfil by borrowing a CA loan from us:
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Establish or purchase new office space
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Renovate or expand the existing office
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Scale-up operations
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Meet working capital requirements
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Hire new staff
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Pay for overhead costs
Professional Loan EMI Calculator
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EMI Amount = *
Professional Loan Interest Rates and Charges
| Professional Loan Interest Rates | 13% p.a onwards for Company Secretary, Chartered Accountant and Doctors |
| Loan Amount | ₹1 Lakh to ₹75 Lakh |
| Loan Processing Fees | 2% + GST for Company Secretary, Chartered Accountant and Doctors |
| Lowest EMI per month | Starting from ₹2,199* per Lakh for 60 months |
| Loan Tenure | 12 to 60 months |
| Prepayment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
Eligibility Criteria
At Poonawalla Fincorp, Chartered Accountants can enjoy quick financing to meet their professional goals. Our CA loans entail simple eligibility criteria and minimal documentation, thereby providing easy access to finances.
Below are our eligibility criteria for a Professional Loan for CA applicants:
Citizenship
professional
experience
Age
Income Receipts
- Must be a citizen of India
- Must be aged between 24 years (at loan application) and 65 years (at loan maturity)
- Must have professional experience of at least one year, post-qualification
- Must have minimum annual professional receipts of ₹3 Lakh
Note: The above-mentioned Professional Loan eligibility criteria are indicative. Additional eligibility criteria may be required during loan processing by Poonawalla Fincorp.
Documents Required
We provide CA loans with minimum paperwork to ensure a hassle-free borrowing experience. Below are the required documents for our Professional Loan for CAs:
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Proof of Identity (PAN Card/Aadhaar Card/Driving Licence/ Voter ID/Passport)
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Proof of Address
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Professional address proof (Electricity bill, Rent agreement)
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Financial Documents (Bank statements, IT returns)
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Proof of professional qualification (Degree certificate)
Note: The above-mentioned Professional Loan documents list is indicative. Additional documents may be required during loan processing.
We Provide CA loans to:
- Self-employed CAs
Features and Benefits
Poonawalla Fincorp offers Professional Loans for Chartered Accountants mainly for business expansion. We aim to provide hassle-free financing so you can focus solely on your professional practice.
Below are some salient features and benefits of our Professional Loan for CA:
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High loan amount of up to ₹75 Lakh
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No collateral required
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Flexible repayment tenure
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Low interest rates
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Easy online application
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Quick approval and disbursal
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Easy eligibility with minimal documentation
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Complete transparency with no hidden charges
Apply for an Instant CA Professional Loan within 5 Minutes
Apply
Online
Apply Online
Click on Apply Now and enter your contact details.
Personal
Details
Personal Details
Enter your DOB, monthly income and PAN card number.
Verification
Verification
The application will then proceed for verification and assessment.
Frequently Asked Questions on CA Professional Loans
Applying for our CA loans is easy and hassle-free. Just follow a few simple steps mentioned below:
- Step 1 – Visit our website and check your eligibility.
- Step 2 - Fill out the Professional Loan for CA application form.
- Step 3 – Upload and submit the required documents
The loan amount will be disbursed to your bank account post-verification.
Poonawalla Fincorp provides Professional Loans for CAs with easy eligibility criteria. To know if you are eligible, you can simply visit our official webpage and check our eligibility criteria for CA loans. You can also connect with our support team online or visit your nearest branch for more details.
No. With Poonawalla Fincorp, you can apply for an unsecured Professional Loan for CA. It means that you are not required to pledge any collateral or security to avail of funds from us.
The interest rates for Professional Loans for CA vary from lender to lender. With Poonawalla Fincorp, you can avail of a CA loan at attractive interest rates starting from 13% per annum.
Our Professional Loans come with complete transparency and no hidden costs. The applicable charges for a Professional Loan for CA only include a nominal processing fee of 2% Plus taxes on the loan amount.
You can easily calculate your loan EMIs by using our CA Professional Loan EMI calculator. All you must do is enter the loan amount, interest rate, and tenure, and click on ‘Check Repayment Schedule’ to get an idea about the monthly EMI based on the entered data.
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