Business Loan for Chartered Accountants upto ₹ 1 Cr*

A Business Loan for Chartered Accountants from L&T Finance is designed to meet the unique financial requirements of CA professionals. Whether you want to expand your practice, invest in advanced technology, upgrade office infrastructure, or manage working capital, this loan provides the flexibility and support you need to grow your business seamlessly.

With L&T Finance Chartered Accountant Loans, you can avail funding of up to ₹1 crore with no collateral required. Benefit from competitive interest rates starting at 11.25% p.a. and repayment tenures of up to 60 months, allowing you to plan your finances with ease.

The loan facility is available for individual CAs, partnerships, and CA firms, offering quick approval, minimal documentation, and fully digital processing for a hassle-free borrowing experience.

Choose L&T Finance Business Loan for Chartered Accountants and empower your professional growth with tailored financial solutions that match your ambitions.

Features & Benefits
EMI Calculator
Documentation
Eligibility
Fees & Charges
Frequently Asked Questions

High Loan Amount

Get a Chartered Accountant Loan of up to ₹1 crore without collateral or security to meet your professional or business expansion needs.

Competitive Interest Rate

Benefit from *attractive interest rates starting from 11.25% p.a.**, ensuring affordable monthly EMIs.

Flexible Loan Tenure

Choose a loan tenure of up to 60 months to comfortably manage repayments as per your cash flow.

Additional Withdrawal Facility

Enjoy extra liquidity with our online overdraft option, available for eligible customers.

No Collateral Required

Get loans without collateral for easy access to money when you need it

Fast Loan Approval

Experience quick loan sanction and disbursement within minutes after document verification and eligibility check.

EMI Calculator

Use our EMI Calculator to estimate your monthly repayment.

Results generated by the calculator are indicative in nature.

Preferred loan amount

₹

₹7,00,000

₹1,00,00,000

Interest rate (per annum)

11.25%

15.05%

Loan tenure (months)

12 months

60 months

Estimated EMI

per month

₹ 36,690
Interest payable
₹52,41, 690

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Eligibility & Documents

Eligibility Criteria for CA Loan

Age:

24 to 65 years

Ownership

Residence or Office must be owned

Minimum Business Vintage:

Minimum 3 years of operation

Credit History:

Minimum 6 months of credit track record

Required Documents for a Chartered Accountant Loan

KYC Documents

Entity - PAN, registration documents (Shop Act, GST Returns, MOA/AOA, Certificate of Incorporation, Partnership Deed, LLP Agreement)

Individual (Proprietor / Partner / Director) – PAN, one valid OVD with current address (Aadhaar, Voter ID, Driving License, Passport, or Utility Bill + Rent Agreement)

Income Documents (wherever applicable):

Last 2 years audited financial statements, ITRs, and tax audit reports

6 months of GST Returns

Bank Account Statement (wherever applicable):

Last 6 months operative account statement

Qualification Proof:

CA Degree Certificate, Membership Certificate, or Certificate of Practice

Fees And Charges for Charted Accountant Loan

List of all fees and charges for Charted Accountant Loan

Charge type -Small Medium Enterprise (SME) Term Loan / Drop line Over Draft (OD) / Hybrid Over Draft (OD)
Details
Processing Fees
Up to 3% on sanctioned amount + applicable taxes
Facilitation Fee
For loans with Sanction up to Rs. 25 lakhs - Up to Rs.5,000/- + applicable taxes
For loans with Sanction above Rs. 25 lakhs – Up to Rs.10,000/- + applicable taxes
EMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate
As shown in the table below

Loan sanction amount (in INR)

Charges in (in INR)

< 5 lacs

₹ 500

5 – 50 Lacs

₹ 1000

>50 Lacs – 2 Cr

₹ 1500

>2 Cr

₹ 2000

Penal Charge/Late Payment Charge (LPC)
Up to 2% per month (p.m.) on overdue EMI + applicable taxes
Part Prepayment Charges (For Term Loan)
Up to 2% on total partprepayment amount + applicable taxes
Part Prepayment Charges (for Dropline Overdraft / Hybrid Overdraft)
Nil, Part - prepayment of Loan will not amount to limit reduction.
Annual Maintenance Charges (AMC) (For Term Loan):
NIL
Annual Maintenance Charges (AMC) (for Dropline Overdraft)
0.5% + applicable taxes, on the Dropline limit starting on the 13th Instalment and every anniversary thereafter
In the event the average utilization of the Dropline Limit Facility, calculated based on daily limit utilization of the Borrower, is less than 50% for the preceding 365 days, then the Lender shall charge the Borrower twice the Annual Maintenance Charges as stipulated in the Schedule
Annual Maintenance Charges (AMC) (for Hybrid Overdraft)
No upfront charges/Zero charges at the time of disbursement for the Hybrid Limit. 0.5% + applicable taxes, on the Hybrid Limit as on the 13th Instalment & every anniversary thereafter
In the event the average utilization of the Dropline Limit Facility, calculated based on daily limit utilization of the Borrower, is less than 50% for the preceding 365 days, then the Lender shall charge the Borrower twice the Annual Maintenance Charges as stipulated in the Schedule.
Foreclosure Charges:
- After 6 months of disbursement: Up to 5% + applicable taxes on outstanding amount for Term Loan/ on Dropline/Hybrid limit amount on the date of such foreclosure
- Prior to 6 months of disbursement: Up to 6% + applicable taxes on outstanding amount for Term Loan/on Dropline/Hybrid limit amount on the date of such foreclosure
Repayment instrument Swap Charges (per swap):
Up to Rs.500/- + applicable taxes (applicable only for branch walk-ins)
Document retrieval / Duplicate NOC charges
Nil for digital copy.
Charge for paper copy is Up to Rs.1000/- + applicable taxes per statement/letter/certificate.
Legal fees and charges:
As per actuals or Up to Rs. 50,000/- whichever is lower + applicable taxes
Recovery charges:
As per actuals or Up to Rs. 15,000/- whichever is lower + applicable taxes
Field collection service charge:
Up to Rs.500/- per collection + applicable taxes

Seamless Loans, Simplified Experience

Download the Planet app for a one stop loan solution with effortless management at your fingertips. Learn More

How to Apply for a Chartered Accountant Loan

Follow these simple steps to apply:

FAQs & Support

View all

What is the maximum amount available under a Chartered Accountant Loan?

You can avail up to ₹1 crore, depending on your eligibility, financial profile, and repayment capacity.

Are there any hidden charges or processing fees?

No hidden fees are charged. All costs are clearly mentioned in your loan agreement. Here are some key charges:
Processing fee: Up to 3% of the sanctioned loan amount + taxes
Facilitation fee: ₹5,000 (for loans up to ₹25 lakh) / ₹10,000 (for loans above ₹25 lakh)
Legal and documentation fees, if applicable

What types of businesses or profiles are eligible for this loan?

This CA Loan is ideal for:
Independent Chartered Accountants running their own firm
CA partnerships offering audit, tax, or advisory services
Small and medium enterprises (SMEs) managed by CAs
Consultants and professionals looking to expand operations

How can I track my CA loan application status?

Track your loan status through our website or PLANET App using your registered credentials. Updates are also shared via SMS and email.

How does a CA Loan affect my credit score?

Paying your EMIs on time improves your credit score and builds a strong repayment record.

However, missing payments or defaulting can lower your score and reduce your eligibility for future loans.

To maintain a good credit profile, make payments on or before the due date.

Is collateral required for a CA Loan?

No, you don’t need to provide any collateral or security.

It’s an unsecured business loan offered based on your income stability, credit score, and financial profile — making it simple and hassle-free.

Can I get a CA Loan with a low credit score?

A low credit score may impact eligibility or result in higher interest rates. Maintaining a good score improves your approval chances and terms.

Can I use the CA Loan for business expansion or personal needs?

Yes, you can use your CA Loan for a variety of purposes, including:
Expanding your CA firm or opening a new office
Upgrading technology or hiring staff
Managing working capital or cash flow
Consolidating existing business loans

How can I calculate my EMI for a CA Loan?

Use our CA Loan EMI Calculator — simply enter loan amount, interest rate, and tenure to estimate your monthly payments.

Who can apply for a CA Loan?

Any qualified Chartered Accountant (CA) with a valid Certificate of Practice (CoP) issued by ICAI can apply.
You should:
Be between 24 and 65 years of age
Have a minimum of 3 years of business experience
Maintain a good credit score and steady income
Own your office or residence property

Explore all FAQs

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Setting up a molecular lab post-pandemic was challenging, but L&T Finance made it possible with quick turnaround, minimal documentation, and competitive rates. Thanks to their support, I expanded services, reduced waiting times, and offered new tests, serving more people efficiently.

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As a 2nd generation entrepreneur, expanding my PVD coating business was made easy with L&T Finance. The process was fast & smooth, with minimal paperwork & the best interest rates. All documents got digitally uploaded & approved. PLANET App made part payments & additional withdrawals easy.

Harsh Gosalia

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As a steel and aluminum trader, I needed constant capital post-COVID. L&T Finance's DLOD service impressed me with a seamless, fully digital process. Their executive guided me well, leading to a swift sanction. The competitive interest rate & round the clock transaction facility were game-changers for my business.

Jignesh Solanki

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SME

The special aspects of L&T Finance SME Loans are their faster turn around time, minimal documentation. I had a very good experience with L&T Finance SME Loans and I recommended it to a lot of my Doctor friends who have equally benefitted.

Dr. Hrishikesh Chevle

Pathologist, Alpine Diagnostics