May 09, 2019
Have been working in a firm or with a senior accountant and have been wanting to set up your own accountancy firm? Remember the hours of hard work, the sweat and the dedication that you poured into completing your chartered accountancy course to become a certified chartered accountant? Thanks to Nitstone Finserv, you’re going to find out that setting up your own consultancy is going to be a breeze compared to completing the program. Wondering how? Nitstone Finserv offers customised chartered accountant loans in Bangalore.
What is a professional loan?
It is a kind of loan that is proffered to professionals such as accountants, doctors, lawyers, engineers, dentists, and more to set up their own practice, firm, or consultancy. This loan amount can be used to
- Buy equipment/material for the business
- Renovating the business premises
- Create the working capital
- Fund work-related trips
- Expand an existing business
What is the Eligibility to Apply for Professional Loan for Chartered Accountant?
The eligibility criteria for a professional loan depends on the lender and will depend on your practice, credit history and other essential criteria. The eligibility criteria for Nitstone Finserv are:
- Have at least five years of experience if you are a postgraduate
- Have at least eight years of experience if you have completed graduation
- Should own office premises/home
What are the Documents you need to Submit while Applying for Chartered Accountant Loans in Bangalore?
First, check if you are eligible for the loan. Second, use the loan calculator available online to get a general idea of the EMI amount that you can expect. If all these are positive, then you should keep the documents ready for verification. The documents that you need to submit for loan approval are:
- In case you have been working in a company, the last three months salary slip
- Last three months bank statement
- Educational qualification certificates
- Identity proof
- Address proof
- You should also submit documents to prove ownership of a house or the business premises
What are the benefits of availing professional loans from Nitstone Finserv?
Though there are many financial institutions that offer professional loans, it will be highly beneficial for you if you apply for a loan at Nitstone Finserv. The benefits you gain are:
- You don’t have to provide any collateral or get a guarantor for this loan
- You can choose from a range of tenure and EMI repayment options
- You can get up to 35 lakhs loan
- If you are an existing customer, you get preapproved offers
- You get access to an online account that will have all the loan details
Want to apply for a professional loan at Nitstone Finserv? Contact us right away!