Personal Loan For Chartered Accountants

Chartered accountants may need personal loans for multiple reasons. As a chartered accountant, you may want to scale up your operations, expand your space, hire new employees, get the latest software installed, and more.  Alternatively, you may require funding for personal reasons such as a wedding, a dream holiday, home renovation, and more. More often than not, these activities require funding. 

SMFG India Credit personal loan for CAs may help you with all of it. At SMFG India Credit, we understand your needs for financing and accordingly offer you customized personal loans with a suite of benefits, thereby giving you the financial support you need to accomplish your goals. SMFG India Credit personal loan for chartered accountants not only offers instant personal loans at attractive interest rates, but also entails simple eligibility criteria and minimal paperwork. 

SMFG India Credit Personal Loan for Chartered Accountants Provides the Following Benefits:

1. Personal loan up to INR 30 lakhs*
2. Attractive personal loan interest rates starting as low as 11.99%
3. Flexible repayment tenure between 12 months to 60 months
4. Hassle free documentation process
5. Instant in-principal approval*

SMFG India Credit’s Digital Experience

SMFG India Credit instaloan app gives you a highly digitized service that lets you experience your entire personal loan application while you are on the go. If you are provided an in-principle approval based on the information in your online application form, we also provide you a unique tracking ID so that you can check the status of your loan application dynamically through our website. The interface is simple so that you can seamlessly complete the application process online, including documentation.

If you choose to apply online, then just click on the ‘Apply Now’ button on this page, and fill up the application form. After entering basic details like contact information, personal information, employment & income details, and banking details, you need to upload the required documents, and submit. Upon successful verification of all documents and receipt of the signed loan agreement, the amount would be credited to your account.

If you decide to apply offline, then you can visit any branch of SMFG India Credit. Our representatives will take you through the simple process of applying.

Why Should I Take a Personal Loan Online from SMFG India Credit?

1. Instant Personal Loan:

SMFG India Credit is happy to give chartered accountants instant personal loan approval in-principal for online applications. This helps you in managing your schedule more efficiently. This also helps you in fulfilling your dreams faster. This means that depending on the information provided in the online application, you will be informed if your application will be processed further. The next steps involve document evaluation, verification checks and signing the loan agreement. Once your loan application is successfully approved, the loan amount is credited to your registered bank account within minutes. 

2. Minimal Personal Loan Documentation:

SMFG India Credit ensures that your personal loan application is processed with as minimal documentation as possible. You can keep scanned copies of these documents ready if you are applying online. Once you sign the application form, you need to provide the following documents:

1. PAN
2. Identity proof 
3. Address proof
4. Bank account statements of the past 6 months
5. Salary slips of the past 3 months (if you are salaried) 

As a self employed chartered accountant, you need to submit the following documents additionally: 

1. Income proof / financial statements
2. Proof of income and expenditure document  

Depending on your profile and requirement, as well as our policy at the time of loan application, additional documents may be requested. 

3. Easy Eligibility Criteria: 

You can apply for SMFG India Credit personal loan for chartered accountants by meeting the basic eligibility criteria stated below:

1. You need to be between 21 to 60 years of age as a resident of India
2. You need to have a specific minimum yearly profit after tax (self employed)
3. You should have a minimum salary of INR 20,000 (INR 25,000 for residents of metro cities)
4. You should have a minimum CIBIL score of 750 and a good credit history
5. Please note that final eligibility will depend on other parameters also, such as repayment capacity, location, etc. 

4. Personal Loan Calculators:

SMFG India Credit offers useful calculators such as –  Personal loan EMI calculator  and Personal loan eligibility calculator:

1. Using the personal loan eligibility calculator, you can determine the loan amount that you are eligible to apply for.
2. The personal loan EMI calculator helps you to calculate your EMI amount. You just need to enter details such as the loan amount, rate of interest and the tenure.

You can also check our personal loan amortization calculator to get an idea of your loan schedule, and our personal loan balance transfer calculator if you wish to transfer out or consolidate any existing debts.

Calculate your EMI   Apply for Personal Loan