How to find a CA Loan with fewer charges and Maximum Benefits?

• December 18, 2019
• CA Chandan Agarwal's Office

Eligibility for a CA loan?

CA loans are the loans that are issued to CAs for professional and personal requirements. These loans are offered to Chartered Accountants on the basis of their existing practice. They need to give a CoP (certificate of Practice) of at least four years before the date of loan application.

CA loans are issued by different banks and Non-Banking Financial Institutions (NBFCs) in India. Today, there are many options available in the market for CA loans. Different lenders have their own set of benefits, eligibility criteria and fees/charges. It becomes very confusing to choose among the different lenders.

What are the different questions that need to be kept in mind before finalizing which lender to take the loan from or what type of loan to apply for?

Which type of loan suits you?

CA’S can avail loan by pledging some assets. If you have some assets at your disposal which can be submitted as collateral, you can avail the secured loan option like a home loan or loan against property.

After deciding upon the type of loan which suits you, you can proceed to furnish further details.=

Read more on: https://taxguru.in/chartered-accountant/find-ca-loan-charges-maximum-benefits.html