Unsecured Loan for Professionals (CA, CS, Doctors)

Unsecured loans for professionals like Chartered Accountants (CA), Company Secretaries (CS), and Doctors are designed to finance business expansion, equipment purchase, or personal needs without collateral.

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Overview

A cash credit loan is a short-term working capital loan for businesses that allows them to withdraw funds up to a sanctioned limit.

Eligibility Criteria

  • Practicing CA, CS, or Doctor with minimum 2 years experience
  • Minimum annual income: ₹5 lakh+

Interest Rates

  • Varies from 10% to 18%

CIBIL Score Requirement

  • Minimum 700

Benefits

  • No collateral required
  • Quick disbursal
  • Higher loan amounts for professionals

Documents Required

  • KYC documents (Aadhar, PAN, Voter ID)
  • Professional degree certificate
  • Bank statements (last 6 months)
  • Income tax returns (ITR) of last 2 years