With a suite of custom chartered accountancy loan from leading lenders such as Bajaj Finserv; chartered accountants do not need to fret for finances. This is an ensemble of four loans namely - personal loan, business loan, home loan and loan against property (a mixed bag of secured and unsecured loan).
Talking specifically about business loan, it is a custom loan designed keeping the financial needs of chartered accountants in mind. In order to qualify for the loan and avail a preferable amount you must maintain a healthy credit score of 750+ or more. This is because it is an unsecured loan which does not require any collateral. Therefore, lenders prefer applicants with a reliable payment history who can easily pay back the loan.
You may consider getting the loan from leading NBFC like Bajaj Finserv. They are an experienced and reputed lending institution offering the CA loan with an easy-to-meet eligibility criteria which states that -
The applicant must have a business vintage of at least 4 years and that they or their parents must own either a home or office, in a location where the lender is placed.
Though, very basic the criteria eases out the loan application process. The applicant can apply online via the lender’s official website with minimum paperwork which includes - CoP certificate of minimum 4 years till the date of applying for the loan, KYC documents, proof of property ownership and healthy credit score. To know more the applicant can get in touch with the lender’s Relationship Manager.