A chartered accountant loan; offered under the professional loan category, is a conducive financing solution for self-employed and salaried CAs. The scheme comes with end usage flexibility - the freedom to use the borrower capital in a way you want to without mentioning the same to the lender. In short, it is a great credit scheme if you are a CA. In fact, it is a one-stop solution for professional CAs. Having said all these, you might be under the impression that the CA loan is quite easy to get. Sadly, the reality is a bit darker. The said credit facility is offered only to the eligible candidates. In layman’s term, you need to be a CA who earns enough to qualify the minimum income eligibility criterion and is in possession of all the required documents. Apart from the afore-shared documents, the following are the parameters you need to qualify for a loan.
0 Comments
Leave a Reply. |
AuthorAman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management. |