About Chartered Accountant Loans
Loanpao’s Chartered Accountant Loans in Delhi, India, provide unsecured funding for CAs to expand their practice, purchase office equipment, or manage working capital. With quick approvals and minimal documentation, these loans support professional growth without collateral.
Why Choose Our Chartered Accountant Loan?
- Interest Rates: 10.25% - 20% per annum
- Loan Amount: ₹1,00,000 - ₹80,00,000
- Tenure: 12 - 96 months
- Disbursal within 48 hours
- Unsecured, no collateral required
- Minimal documentation
- Flexible EMI or Flexi Term options
- Special offers for ICAI members
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Profession | Practicing CA with ICAI membership |
| Experience | 2+ years post-qualification |
| Annual Income | ₹3,00,000+ (per ITR) |
| Credit Score | 700+ preferred |
What Documents Do You Need?
- KYC: Aadhaar, PAN, passport, or voter ID
- CA Certificate: ICAI membership proof
- Income Proof: ITR for last 3 years
- Bank Statement: Last 6 months
- Practice Proof: Office lease or utility bill
- Passport-size photographs
Competitive Interest Rates & Fees
| Bank/Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| Bajaj Finance | 10.25% - 16.0% | Up to 2% or ₹10,000 |
| HDFC Bank | 11.0% - 17.0% | Up to 1.5% or ₹8,000 |
| My Mudra | 12.0% - 18.0% | Up to 2% or ₹12,000 |
| Tata Capital | 11.5% - 17.5% | Up to 1.5% or ₹9,000 |
| Axis Bank | 12.5% - 20.0% | Up to 2% or ₹10,000 |
Extra Charges:
- Late Payment Charges: ₹500 + 3% on overdue amount
- Foreclosure Charges: 4% if prepaid within 12 months, else 2%
- GST: Applicable on processing fees
Note: Rates and fees are indicative as of May 2025 and subject to change.
Calculate Your EMI
Enter values and click Calculate EMI to see results.
How to Apply for a Chartered Accountant Loan
- Complete the online application with professional details.
- Submit KYC, CA certificate, ITR, and bank statements.
- Undergo verification of income and practice details.
- Sign the digital loan agreement.
- Receive funds in your account within 48 hours.
Common Questions About Chartered Accountant Loans
What is a Chartered Accountant Loan?
An unsecured loan for CAs to fund practice expansion, equipment, or working capital without collateral.
Who can apply?
Practicing CAs with 2+ years experience, ICAI membership, ₹3,00,000+ annual income, and 700+ credit score.
What is the maximum loan amount?
Up to ₹80,00,000, based on income and creditworthiness.
How long does disbursal take?
Within 48 hours after verification.
Is collateral required?
No, these loans are unsecured, based on professional credentials and income.
Can I prepay the loan?
Yes, with 4% charges if prepaid within 12 months, else 2%.
What is the repayment tenure?
From 12 to 96 months, with EMI or Flexi Term options.
Are there special offers?
Apply by 31st May for waived processing fees on loans above ₹10,00,000.
What can the funds be used for?
Office setup, equipment purchase, working capital, or professional development.
What happens if I default?
Late fees, credit score impact, and potential legal action may apply after due notice.