There are a number of loans which have been made for a wide range of purposes and individuals from various walks of life. However, despite dealing with finances the entire day and for almost their entire lives, no such financial option was made for chartered accountants. All this has however now changed with the introduction of loans by various lenders including NBFCs (Non-Banking Financial Companies) which have been tailor-made for CAs according to their needs and requirement.
There are a number of features of chartered accountant loans, a few of which are as follows -
Loans for chartered accountants can be accessed very easily. This is because there are many lenders who have provided the option of applying for these loans online. As a result, if you want to obtain these loans, all you need to do is visit the website of the lender an apply for it any time and from anywhere. The time taken to process the loan is very minimal and thus gets disbursed very quickly.
Eligibility and Documentation
Considering that these loans have been made bearing in mind, the needs and requirements of chartered accountants. This is why the eligibility criteria has been kept very easy.
The documentation required for availing chartered accountant loans is very minimal and that too basic in nature. For instance, most lenders who offer chartered accountant loans ask for KYC documents and four years of CoP (Certificate of Practice).