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How does prepayment affect my EMI and loan tenure?

Prepayment of your loan can reduce either your EMI or your loan tenure, depending on your preference. By prepaying, you can save on the interest amount, but it may also incur prepayment charges.

Can I get a professional loan for CAs with a low credit score?

A low credit score may affect your eligibility for a CA loan or result in higher interest rates. Maintaining a good credit score is advisable to secure better loan terms.

What is the maximum amount available under Business Loan to CA?

The maximum loan amount available for CAs goes up to ₹ 75 Lakh, depending on your eligibility and financial profile.

How do I calculate the EMI for a Business Loan for Chartered Accountants?

You can use the EMI calculator to calculate the EMI for a Business Loan. Enter the loan amount, interest rate, and tenure to get an estimate of your monthly EMI.

How can I track my CA loan application status from L&T Finance?

You can track your CA loan application status by logging in on the L&T Finance website or PLANET App using your credentials. You may also receive updates via SMS or email.

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