ICAI offers special loans for Chartered Accountants

ICAI offers special loans for Chartered Accountants

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Created By Admin Last Updated Fri, 14-Aug-2020

 

ICAI offers special loans for Chartered Accountants

 

ICAI, the governing body for Chartered Accountants of India, in collaboration with Poonawalla Finance, an NBFC, is offering collateral-free loans to chartered accountants. Poonawalla Finance has received more than 4,000 loan applications and has sanctioned loans worth INR 150 crore to more than 1,500 Chartered Accountants within the first month of the launch of this scheme, the NBFC said in statement Thursday.  This is a unique term loan, custom-made scheme for the Chartered Accountant professionals and it offers the following:

  • An attractive interest rate,
  • Zero prepayment charges,
  • 100% online digital processing and
  • Gives the option to take over their existing loans with higher interest rates.

It is welcomed to have the special loan scheme to support the credit needs of the Chartered Accountant professionals in these unprecedented times. We believe that offering credit support to the MSMEs and professionals like Chartered Accountants and Doctors for business development will further strengthen the entrepreneurial ecosystem and boost economic growth, said Adar Poonawalla, Chairman, Poonawalla Finance.

 

 

100% online digital processing and

Gives the option to take over their existing loans with higher interest rates.

It is welcomed to have the special loan scheme to support the credit needs of the Chartered Accountant professionals in these unprecedented times. We believe that offering credit support to the MSMEs and professionals like Chartered Accountants and Doctors for business development will further strengthen the entrepreneurial ecosystem and boost economic growth, said Adar Poonawalla, Chairman, Poonawalla Finance.