Chartered accountants have one of the most reputed yet strenuous professions. As a self-employed CA, you know how important it is for you to be 100% devoted to your work if its integrity is to be upheld. At the same time, the field of chartered accountancy is quickly changing with FinTech disruptions and hence, you need to ensure your practice is agile enough to adapt.
Through all this you are expected to maintain a healthy work-life balance, seek time to rejuvenate, and manage responsibilities like family marriages. When the time to meet your various business and personal needs arrives, you may find yourself in need of financial assistance. That's when you fall back on a personalised loan for chartered accountants.
Lenders like Bajaj Finserv offer tailor-made CA loans with high loan amounts, competitive interest rates, flexible tenors, easy eligibility, and unique features like the Flexi facility. Here's a quick summary of how you, as a chartered accountant, can fulfil your various financial needs with a personalised CA loan .
Hassle-free unsecured business finance to grow your practice
In times past, there used to be a notion that once you became a CA, everything was settled. Nowadays, with technology disrupting the CA landscape, there is a constant need for you to keep your firm updated and relevant. For instance, cloud technology is gaining a lot of traction and even amid the pandemic one CA firm reported a month-on-month growth of 30%. Moreover, there is a push towards solutions that are app-based, and this means that traditional modes of operating may soon get outdated. Similarly, data analytics is transforming domains like auditing, where the numerous insights now provide demand that CAs be able to interpret and forecast.
Technological advancements affecting chartered accountancy is just one example of why you may want to upgrade and update your practice. When you decide to take your services a notch higher, consider the business loan for Chartered Accountants offered by Bajaj Finserv. This chartered accountant loan offers collateral-free finance of up to Rs. 50lakh via a speedy approval and disbursal process. Moreover, the eligibility criteria for all CA loans offered by Bajaj Finserv are simple and you can obtain funding if you:
- Possess a COP that is active for a minimum of 4 years
- Own a house or office at a location where Bajaj Finance Limited operates
Quick personal loan for your financial goals and aspirations
CAs, because of their well-respected profession, may have many family obligations. For instance, it is not uncommon for a young CA to also be responsible for financing a sibling's wedding. Likewise, you may have other goals on the horizon such as home renovation and an international vacation and may want to meet these without having to mingle personal and business funds.
For all your personal finance needs you can take Bajaj Finserv's customised personal loan for Chartered Accountants. As is with the business loan, you get an attractive CA loan interest rate and a flexible tenor of up to 96 months, both of which help you adjust repayment to your finances.
Taking a personal loan for chartered accountant from Bajaj Finserv allows you to benefit from the Flexi facility, a feature available on all CA loans. With it, you get a pre-approved sanction from which you can withdraw on the go, as the need arises. You are charged interest on what you withdraw only and can prepay funds at no extra cost. Moreover, for ease of repayment, you can service interest-only EMIs, which are up to 45% lower, for the initial tenor.
High-value loan against property for major expenses
For big-ticket expenses, say a child's higher education, the acquisition of a promising CA firm, or the purchase of a new office, Bajaj Finserv offers its loan to chartered accountant applicants against propertythat you own. The loan against property for Chartered Accountants offers funding up to Rs.50 lakh and an extended repayment tenor of 36 to 144 months. Mortgaging property to obtain finance is a great way to bring down the chartered accountant loan interest rate and finance long-term goals cost-effectively.
Having considered how a personalised professional loan for chartered accountant applicants can help you finance your diverse needs, apply online with Bajaj Finserv. With quick approval and disbursal, you'll give financial backing to your goals in no time at all!