Loan Amount
Up To ₹75 Lakh
Interest Rate
Starting at 13%* p.a.
Loan Tenure
12-60 Months

Get a Professional Loan for Chartered Accountants

As a self-employed Chartered Accountant, having easy access to collateral-free credit financing can help you scale up your existing practice and meet your day-to-day expenses. Take your career to the next level with a Professional Loan for Chartered Accountants from Poonawalla Fincorp. Get a collateral-free loan of up to ₹75 Lakh with minimal paperwork. Benefit from our competitive interest rates, no hidden charges, flexible EMIs and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free Loan
Quick
Approval
No Hidden
Charges
Minimal
Documentation
Flexible
EMIs
Online Application
Process

Professional Loan EMI Calculator

Use our online EMI calculator to plan your monthly repayments. Simply enter the loan amount, tenure and interest rate to know your EMIs. Try now!

Calculate Your Monthly Repayment

Calculate your Professional Loan EMIs with the help of our EMI calculator. Enter your loan amount, interest rate and tenure to get the accurate principal amount and interest payable.

Optimise Your Professional Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
13 %
30 %

Tenure

Months
12Months
60Months

How to use a Professional Loan EMI Calculator

Using our EMI calculator is as easy as turning your equipment on. All you have to do is:

  • Step 1: Enter the loan amount.
  • Step 2: Add the interest rate.
  • Step 3: Enter the loan tenure.

Once you have entered all the details, the calculator will automatically display the loan principal amount and interest payable.

Note: The calculated amount is just the estimation of monthly EMI based on the details entered in the calculator. Your actual monthly EMI may change based on other loan terms and conditions.

 

 

Components that Affect Professional Loan EMIs

  • Loan Amount: The loan amount or sanction amount typically determines the EMIs. The higher the loan amount, the higher the EMIs.
  • Interest Rate: Interest rates are directly related to your EMIs. The higher the interest, the higher the EMIs.
  • Loan Tenure: Your loan tenure is your repayment period. The longer the tenure, the lower the EMIs, and vice versa.

Apply for a Professional Loan in Just 3 Steps

Click on "Apply Now"

Tap the "Apply Now" button to initiate your application.

Enter Details

Enter your DOB, PAN card number, monthly income, and other details.

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Professional Loan for CAs

Qualify for Poonawalla Fincorp’s Professional Loan for Chartered Accountants by meeting our simple eligibility criteria:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Work Experience: Must be practising for at least 1 year post qualification.
  • Annual Income: Minimum ₹3 Lakh.

Documents Required for a Professional Loan for CAs

Submit just a few documents to avail of the loan:

  • Identity Proof
  • Residential Address Proof
  • Business Address Proof
  • Income Proof
  • Bank Account Statement
  • Proof of Professional Qualification

Click to know more about the necessary documents in detail.

Interest Rate and Charges for a Professional Loan for CAs

Get our loan to Chartered Accountants at competitive interest rate and nominal charges:

Interest Rate
13%* p.a. onwards
Loan Amount
₹1 Lakh to ₹75 Lakh
Loan Processing Fees
2% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,275* per Lakh for 60 months
Loan Tenure
12 – 60 months
Prepayment/Foreclosure Charges
First 6 EMIs: 6% on principal outstanding + taxes

After 6 EMIs: 5% on principal outstanding + taxes
Default Charges
24% per annum plus taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable charges
Stamp Duty
At actuals (as per state)
Other Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Uses of a Professional Loan

  • Expanding your professional practice
  • Renovating your office space
  • Enhancing your professional skills
  • Meeting working capital requirements
  • Recruiting new employees

Tips for a Successful Professional Loan Application

  • Fulfil the eligibility criteria
  • Borrow only what you need
  • Check your credit score
  • Reduce your credit utilisation ratio to 30%
  • Keep the loan documents handy
  • Avoid multiple loan applications

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

1. What is the maximum loan amount offered for a Professional Loan to Chartered Accountants from Poonawalla Fincorp?

Poonawalla Fincorp offers a loan amount of up to ₹75 Lakh for CAs to fulfil their financial needs. However, this amount can vary based on the credit profile and repayment history.

2. Is it necessary to pledge assets as collateral to get Poonawalla Fincorp’s Professional Loan for CA?

No, there is no need to pledge assets as collateral to avail of our Professional Loan for CAs.

3. What is the interest rate for a Professional Loan to Chartered Accountants from Poonawalla Fincorp?

The interest rate for our loan to professionals for CAs starts from 13%* p.a. The final interest rate depends on credit score, income, repayment capacity, loan amount, etc.