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Professional Loan for Chartered Accountants

Chartered accountants can apply for a professional loan based on the duration of their experience in the field. They must present a CoP (certificate of Practice) that was obtained at least two years before the loan application date. Various banks and Non-Banking Financial Institutions (NBFCs) in India issue business loans to chartered accountants.

We at Terkar Capital Assist you in availing professional loans for chartered accountants. The funding amounts start from 25 lakhs, while the ROI is as competitive as 10.5%, subject to financial ratios. Our CA professional loans are designed to be hassle-free to apply for, quickly disbursed, and have convenient repayment terms with no additional fees.

Key Features of Chartered Accountants Loan

Funding amount starting from 25 Lacs to 15 Cr

interest rate

Rate of Interest start at 10.5% PA (Subject to Financial Ratios)

financial document

Fast Turn Around Time

Execution

End-to-end Execution

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Smooth Processing

Eligibility to Apply for Chartered Accountants Loan

The eligibility requirements for a CA loan vary from lender to lender. Here are some basic requirements you must meet if you want to apply for a chartered accountant loan:

  • 3+ years of post-qualification work experience
  • A minimum annual income of ₹1 lakh
  • Age between 23 to 65 when the loan matures
  • Good CIBIL score
  • Profession must have been profitable in the past two years

Documents Required to Chartered Accountants Loan

The following are the essential documents required for a Chartered Accountants Loan:

  • Business Proof:  Practice Certificate, Partnership Deed (in case of partnership firm), Qualification Certificate, Shop Act Licence, MOA, AOA.
  • Address proofs:  Aadhaar card, Passport, Sales deed, Driving Licence, Ration Card, Telephone Bill, Electricity Bill, or Property Purchase Agreement (If the purpose of the loan is to purchase a property).
  • Photo Identity proof
  • Income Proof: Bank statement, Latest ITR, Latest Audited Financials

Benefits of Professional Loan for Chartered Accountants

  • Expand or renovate the existing space
  • Scale-up operations
  • Establish or buy new office space
  • Pay for overhead costs
  • Upgrade your office infrastructure
  • Hiring new staff
  • Meeting working capital requirements

FAQs

1. What is the rate of interest for a CA Professional Loan?

The CA Professional Loan is a competitive financing option with one of the lowest rates available. It starts with as low as 10.5% PA, subjecting to the financial ratios.

2. What are the charges for prepayment of a Professional loan?

Our loans can help you pay down your debt faster, which can save you money in the long run. There are no prepayment penalties or fees for CA Professional Loans.

3. When Is the Best Time for Chartered Accountants to Consider Business Loans?

Chartered accountants should consider business loans when they anticipate expansion, investment in technology, or during periods of low interest rates. It’s advisable to assess the firm’s financial health and have a clear business plan before seeking financing.

4. Do I need to put up collateral to qualify for a professional loan?

Not really, as this is an unsecured funding. As such, you do not need to provide collateral to qualify for the sanction.

5. How to get unsecured loans for chartered accountants?

Chartered accountants can get unsecured loans through a strong credit history, steady income, and a sound business plan.

Terkar Capital for Chartered Accountants Loan

Terkar Capital facilitates professional loans tailored specifically for chartered accountants in India. We conduct a financial SWOT of the company and capitalise on its strengths to raise the funds at the lowest cost of borrowing. However, the loans aim to assist chartered accountants in expanding, renovating, scaling up operations, establishing new offices, covering overhead costs, upgrading infrastructure, hiring staff, and meeting working capital requirements. So, Let’s Explore!!

How do we Execute?

Here’s the execution process to get a professional loan for chartered accountants smoothly at Terkar Capital.

business loan execution process

Get your Free CIBIL Score & Report instantly.

What sets us apart?

1. Fast Turnaround Time

Our commitment to excellence is evident in the tangible quality of our work, as demonstrated by our successful execution of finance projects well in advance of scheduled timelines.

2. Confidentiality

We comply with the highest professional confidentiality standards. All client information is discussed in strict confidentiality.

3. Competitive ROI

With our assistance, you’ll gain access to a network of lenders who offer comparable terms and the most favourable interest rates tailored to your specific requirements.

4. Hassle-free Processing

We create a stable ownership structure for financiers by establishing a secure transaction process.

5. High Level of Integrity

Our reputation is steadfastly built on reliability, integrity, and honesty. We establish personal connections with our clients, emphasizing transparency and accountability.

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Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, is an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Terkar Capital

In Association with:

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004 [MH-India]

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 [MH-India]

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar

Operational Presence

Delhi | Bengaluru | Chennai | Hyderabad | Kolkata | Ahmedabad | Surat 

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CIN No: U70200PN2023PTC224016

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