The Complete Guide to Professional Loans for CA CS CMA


Professional Loans are loans that self-employed people like Chartered Accountants, Cost Management Accountants, Company Secretaries, Doctors, Architects, Engineers, etc., can avail of without any collateral in order to enhance their business/ practice or purchase equipment to make their practice grow and expand.


Professional loans for chartered accountants, Cost Management Accountants, or Company Secretaries like any other professional, can avail these loans to make their practice stand out from the crowd!


Peerless Finance welcomes you as an applicant with open arms; here are the eligibility criteria that each person needs to fulfill in order to get a Professional loan for Chartered Accountants Cost Management Accountants or Company Secretaries!


Various Reasons to Take a Professional Loan for Chartered Accountants:


Unlike other types of loans, professional loans for CA’s, CMA’s, or CS’s are tailor-made to fit the unique monetary needs of Chartered Accountants, Cost Management Accountants, Company Secretaries, and other similar professionals. For an instance, you can take this loan to boost your professional practice or to fulfill any other needs and transform your dreams into reality in a fraction of the time!


Below are some reasons to borrow a Chartered Accountant loan or Cost Management Accountant Loans from us here at Peerless Finance:


  • Establishing or purchasing a brand-new office space
  • Renovating or expanding the existing office space
  • Upgrading your current office's infrastructure
  • Scaling up the everyday operations
  • Meeting working capital requirements
  • Hiring or employing new staff
  • Last but not least, pay for overhead costs
  • Even, to meet some urgent unforeseen expenses


Requirements for the application for professional loans:


The requirements needed for the professional loans for chartered accountants are very simple!


  • Your Field of Specialisation:  You have to mention whether you are a salaried, self-employed CA / CS / CMA working as a practitioner.
  • Post Qualification Experience: CA / CS / CMA Practice / Service with post qualification experience of at least 3 Years.
  • Age: The minimum is 24 years, whereas the maximum is 60 years.
  • Citizenship: Must be a 'resident Indian' of a minimum of 1year at the current residence, including rental arrangements, if any.


Documents required for the application for professional loans:


We are almost done; here is a list of documents you need to procure while applying for the professional loan for chartered accountants


  • Address Proof: A copy of the Aadhaar card, voter identity card, driver's license, or passport.
  • Pan card: Copy of the original document.
  • Qualification certificate for education.
  • A copy of the retainership letter, if any, is present.
  • Income Proof: Last three months' payslip or Form 26AS or the Income Tax Returns for the last two years (whichever is applicable in your case)
  • One recent passport-size photograph.


When you are going for a professional loan for chartered accountants, there are many things you need to consider. The first one is that you should go for a trustworthy finance company like Peerless Finance. There are a few reasons why you should go for this company are as follows:


  • Affordable Interest Rates: The company has interest rates starting from 13.5% p.a.
  • Zero Collateral: When it comes to loans, Peerless aims to give the best to its customers. This means that they offer loans up to Rupees Forty lakhs at zero collateral.
  • Flexible Tenure: The choice of repayment for up to 60 months.
  • Top Up Facility: The company offers the facility on review post 6 months.
  • OD/ term loan: The company offers its customers the facility of overdraft and term loans facility.

Saptarshi Roy Bardhan