Whether it is Maui or Fiji, Cappadocia or Nova Scotia, French Polynesia or Tunisia, your exotic vacation requires adequate funding. Flight tickets, hotel bookings, transportation, food, sightseeing, etc. are some of the many expenses involved that come with high price tags.
You may aim to save for such vacations in the future. However, being a chartered accountant, you know how savings are better for unforeseen monetary requirements. So, a profitable alternative here is to avail a personal loan for chartered accountants. As these loans do not come with any end-use restriction, you can easily finance your vacation or even a business trip overseas, keeping the savings intact.
Apart from this, there are significant other benefits of availing a personal loan for CA. For example:
- You can receive higher amounts of up to Rs. 35 Lakh
Financial institutions offer up to Rs. 35 Lakh with a personal loan for CA. You can cover most of your travel expenses easily with this amount.
- Lenders disburse the funds within a day
24 hours is the maximum time that lending companies take to approve and disburse you the loan.
- Repayment as per your needs
Lenders also allow you complete freedom to choose a repayment tenor for your personal loan which ranges from 12 to 60 months.
- Only a few documents required
The few documents needed to apply for a personal loan for CA to travel includes:
- KYC documents – Passport, Aadhaar, Voter ID, PAN, Driving License, etc.
- Certificate of Practice.
- Bank account statements.
The above list is indicative. You might also have to provide other documents.
- You need to fulfil some basic eligibility criteria
NBFCs need you to possess a Certificate of Practice that is active for a minimum of 4 years. You also need to own an office or a house where the company operates.
Additionally, you may need to hold a credit score of 750+ to apply for these unsecured loans.
- Pre-approved offers to reduce your hassle
NBFCs such as Bajaj Finserv bring customised pre-approved offers which make the process of availing loans less-complicated and help you save time. Not only on personal loans but pre-approved offers are also available on business loans, home loans, and numerous other financial products and services. You can check your pre-approved offer by providing your name and phone number.
- You can pay the interest-only as EMIs
Bajaj Finserv also brings the Flexi Loan facility which enables you to pay only the interest as EMIs. Moreover, the interest is chargeable only on what you withdraw from the sanctioned amount. There are also no limitations to the amount and number of times you withdraw.
Furthermore, you can choose to repay the principal at the end of the loan tenor. Thus, Flexi Loans can reduce your EMIs almost by 45%.
Lastly, financial institutions provide you with the convenience to apply for a personal loan for CAs to travel online. You can manage your loan account online and stay updated on the developments easily. So, enjoy competitive interest rates and travel the world without any financial concerns.
You must be logged in to post a comment Login