Loans for Chartered Accountants

We all know personal loans serve a wide range of benefits such as consolidating debt or meeting miscellaneous expenses. However, when looking at expanding one's scale of operations, a personal loan may not be the optimal choice.

For working professionals such as Chartered Accountants, loans to scale their operations come in the form of professional loans, or in this case, known as Business loans for professionals. Some of the more popular loans for Chartered accountants and their features are mentioned below.

HDFC Loans for Professionals

1. The borrowers can find out their in-principle loan eligibility in under a minute and provides the borrowers with the convenience of SMS, Phone Banking, Webchat and Click2talk.
2. The loan amounts can go up to Rs 20,00,000 and in some cases, based on the location, loan amounts can go as high as Rs 50,00,000. The loan offers flexible tenure options with the minimum tenure being 12 months and the maximum being 60 months.
3. The loan comes with a credit protect insurance plan. This policy prevents the financial burden from passing onto family and loved ones in the unfortunate case of demise of the borrower.
4. HDFC loans for professionals also allow borrowers to transfer existing professional loans and charge preferential interest rates of 12.99% p.a. on existing loan transfers as well as low processing fees of 0.99% of the loan amount.