25/10/2021 Financial & Legal Services
A chartered accountant loan is a professional loan. It is a special type of loan catered to chartered accountants (CA). Classified as a category of professional loans, the money disbursed under this scheme serves various purposes. CAs, is a vital spoke in the wheel of the financial, commercial, and business sectors that may need immediate funds. Professional loan providers such as banks, financial institutions, and non-banking financial corporations have low control over how the funds will be utilized. This aspect makes professional loans versatile. Almost like personal loans. The money can be used for multiple purposes.
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