MSME Registration in India
Sep 9, 2025 | 4 mins read
A Company Secretary Loan (CS) is a specialised Professional Loan designed specifically for Company Secretary Professionals to support their professional and business growth. This unsecured loan provides essential financial assistance for business needs such as office expansion, purchasing equipment, upgrading technology, or managing working capital.With flexible terms and competitive interest rates, a CS Loan ensures that Company Secretaries have the necessary funds to invest in their business, enhance productivity, and achieve their professional goals efficiently.
A Company Secretary Loan (CS) is essential for several reasons. As an RBI licensed NBFC, we understand the unique financial demands of a professional practice. It enables Company Secretaries to expand or renovate their office space, purchase advanced tools and technology, and meet their critical working capital requirements. Additionally, the loan can be used to hire additional staff, manage overhead costs, and scale up business operations. A CS Loan provides financial flexibility, helps maintain smooth business operations, and facilitates growth, making it a crucial financial tool for any Company Secretary looking to enhance their professional practice.
| Type | Criteria |
|---|---|
| Age | Applicants must be between 24 to 65 years old. |
| Turnover | The business should have an annual turnover ranging from ₹ 80 Lakh to ₹ 250 Crore |
| Minimum Business Vintage | Your business should have been operational for at least 3 years. |
| Credit History | A minimum of 6 months of credit history is required. |
| Document Type | Required Document & Checks |
|---|---|
| KYC Documents | Firm / Company: PAN Card, Address Proof and other Applicable Registrations Proprietor / Partner / Director: PAN Card, Aadhaar Card, Electricity Bill / Rent Agreement / Index II |
| Income Documents | Latest 2 years Financials: IT Returns, GST Returns, P&L Statement & Balance-Sheet (wherever applicable) |
| Bank Account Statement | Operative Bank Account Statement for Last 6 months (wherever applicable) |
| Qualification Documents | Degree certificate | Certificate of Practice |
List of all fees and charges for Professional Loan
| Charge Type | Details |
|---|---|
| Processing Fees: | Up to 3% on sanctioned amount + applicable taxes |
| Repayment/EMI Bounce Charges: | As shown in the table below |
| Loan sanction amount (in INR) | Charges in (in INR) |
| < ₹ 5 lakh | ₹ 500 |
| ₹ 5 Lakh – ₹ 50 Lakh | ₹ 1000 |
| > ₹ 50 Lakh – ₹ 2 Crore | ₹ 1500 |
| > ₹ 2 Crore | ₹ 2000 |
| Penal Charge/Late Payment Charge (LPC): | 2% per month (p.m.) on overdue EMI + applicable taxes |
| *LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023 | |
| *Taxes applicable on LPC w.e.f.1st Apr 2024 | |
| Part Prepayment Charges: | For Term Loan : |
| Within 6 months of disbursement: Not allowed | |
| Post 6 months of disbursement: 2% + applicable taxes on total part-prepayment amount | |
| For Dropline Overdraft / Hybrid Overdraft : NIL, Part - prepayment of Loan will not amount to limit reduction. | |
| Annual Maintenance Charges (AMC): | For Term Loan :Nil |
| For Dropline / Hybrid Overdraft: 0.5% + GST (if applicable), on the Dropline limit starting on the 13th Instalment and every anniversary thereafter | |
| Legal / Recovery Charges: | As per actuals |
| Foreclosure Charges: | Foreclosure not allowed till 6 months from Disbursement: After 6 months of disbursement: 5% + GST if applicable on outstanding amount for Term Loan on the date of such foreclosure |
| Prior to 6 months of disbursement: 10% + GST if applicable on outstanding amount for Term Loan on the date of such foreclosure | |
| Repayment Swap Charges (per swap): | ₹ 500/- + applicable taxes |
| Charges for documents: | Nil for digital copy. |
| Charge for paper copy is ₹ 500/- +GST per statement/letter/ certificate (Statement of Account/ Repayment Schedule/Foreclosure Letter/No Dues Certificate/Interest Certificate) |
*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.
Apply for Professional Loan with these steps
1. Apply Online
Click on the "Apply Now" button in the Professional Loan section and fill in the form with your personal details and loan requirement
2. Get in Touch
Our loan representative will contact you and share available loan offers and collect the required documents.
3. Eligibility and Document check
Our representative will check your eligibility and verify your documents before processing the loan
4. Get Loan Disbursement
Get your loan disbursement directly in your bank account, ensuring fast and seamless access to funds
L&T Finance provides tailored Company Secretary Loans to address the specific needs of Company Secretaries. These loans offer unsecured financing of up to ₹ 1 Crore , with risk-based interest rates starting at 15%* per annum. Borrowers can choose a loan tenure of up to 60 months. In FY22, L&T Finance disbursed ₹ 10,683 Crore, reflecting a 9% year-on-year growth, and holds a book value of ₹ 30,521 Crore. These features ensure that Company Secretaries have the financial support needed to grow and sustain their businesses effectively.
MSME Registration in India
Sep 9, 2025 | 4 mins read
Collateral Loans - Meaning, Types & How it Affects Your Loan
Sep 8, 2025 | 4 mins read
What is Dishonour of Cheque? Reasons & Impact on Business Loan
Sep 8, 2025 | 4 mins read
Top Government Business Loan Schemes for MSMEs
Aug 28, 2025 | 4 mins read
Types of Business Loans in India: A Comprehensive Guide
Aug 28, 2025 | 4 mins read
Promissory Note - Meaning, Benefits & Format
Jun 11, 2025 | 4 mins read
Documents Required for Business Loan: Complete Checklist
May 7, 2025 | 4 mins read
What is Working Capital Loan - Definition, Types, Uses & Benefits
May 6, 2025 | 4 mins read
What is SME: Meaning, Types and Importance
Mar 12, 2025 | 4 mins read
What Is a Small Business Loan and How to Apply?
Mar 11, 2025 | 4 mins read
