Term Loan scheme for Chartered Accountants

Term Loan Scheme

The time when Covid19 has affected every sector across the country, Poonawalla Finance Private Limited which is a systematically important non-deposit taking NBFC and is part of Cyrus Poonawalla Group has signed an agreement to offer a collateral-free special term loan scheme for Chartered Accountants (CAs).

It’s great for all Chartered Accountants to meet their professional growth, as this is easy access to loans. This loan scheme will definitively help not only to their financial requirements towards their professional practice but also to meet personal exigencies.

In April 2019 Poonawalla Finance with its headquarter in Pune started and has crossed INR 1,500 Crores in AUM and is one of the most well-capitalized NBFCs in the country.  They offer Personal loans, business loans, and professional loans to speed up the growth of an individual/ professional.

Adar Poonawalla, Chairman of Poonawalla Finance. mentioned, “We believe that offering credit support to MSMEs and professionals like CAs and doctors for business development will further strengthen entrepreneurial ecosystem and boost economic growth“.

Term Loan Scheme for Chartered Accountants
Source: Pixabay

About Term Loan scheme

The unique term loan, a tailor-made scheme for the Chartered Accountant professionals,

1. Offers an attractive interest rate,

2. Zero prepayment charges,

3. 100% online digital processing, and

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

Read also : Finance and senior citizens

In this new scheme Mr. Abhay Bhutada, MD and CEO, Poonawalla Finance said, “This special loan scheme is a part of our mission to offer credit support to enterprises and individuals so they can meet their credit requirements. In the prevailing market scenario when access to credit has emerged as a challenge, our affordable and digitally-enabled loan scheme will help chartered accountant professionals fulfill their aspirations. This will help us expand our reach nationwide and fuel enterprise-driven growth.

If you want to get this scheme apply here

© Ruchie Verma.

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Ruchi Verma

Certified parenting teen practitioner, multiple Award winner, mother of two active kids believes in sharing the right source of information to readers which could help them in every possible way!!

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40 Comments

  1. Very insightful article, such information is much needed for everyone.

  2. It’s good that chartered accountants have something like this available. Glad to see that there are good interest rates as that always helps.

  3. Thanks for the in depth insight for the scheme.

    I am going to consider it next time, I am applying.

  4. Wow! It’s good that it is 100% digital. It is convenient and easy to do then. Great article!

  5. Thanks for these insights. I will share this to my friends who are accountants too.

  6. Very useful article , I am saving it for future review as I am learning finance

  7. My elder niece is studying CA and is in final year. This post is really insightful, I can share it with her for her inputs on it!

  8. Thanks for an insightful article. It’s good to know that such schemes are available and are 100% online.

  9. Wow this is super cool. my uncle said something relating to this yesterday . your content will surely be useful for him to read through. i really appreciate

  10. If the aspiring CAs have something like this in place before they are ready to set up their own business then nothing can be better than this.

  11. this pandemic has affected our economy so badly. it is really great that poonawala has come with this term scheme loan plan for CAS. I am sure it will help them a lot to achieve their goals and move ahead in progressive direction.

  12. CA’s are professionals who can set up their own business if they get such help. Such initiatives help to build a healthy community.

  13. Great to know about this valuable scheme by Poonawalla finance. Will be beneficial for the CA community.

  14. woww.. thanks for writing about this. very informative. im going to share it with my CA friends, this will definitely help them

  15. This seems like a great scheme for CAs by Poonawalla finance. I will share this informative article with my friends, I am sure they will find it helpful. Thanks for sharing.

  16. Thats a really crisp and informative post on term loans for CAs. Great concept and initiative to help the community

    1. This term loan scheme is a great one by poonawalla finance. They should create one for the people who are not CAs as well.

  17. A very knowledgeable article, I wasn’t aware that such a loan existed. Chartered accountants can avail of such loans to progress.

  18. I didn’t know about this scheme, seems quite good actually. Thanks a lot for sharing about it buddy

  19. This is definitely a great initiative from Poonawalla Finance and can definitely help CA’s to do business more freely and will be of great help.

  20. This scheme looks like a good support for self employed professions like CA. It will give them the required boost to combat financial slump

  21. This is a great informative post. Its good that Chartered Accountants have a special provision in loan systems as well. I am going to share this post further. Will also leverage it for our own use.

  22. I’ve been reading about this scheme for CAs and find it useful. Am going to suggest this to my niece. Hope this helps her.

  23. I was really not aware of such loan’s existence. I like their concept and schemes also . Very informative post.

  24. This is such a fabulous opportunity for Chartered accountants. I wasn’t aware of this financial plan, I always get to learn something new from your posts.

  25. Shreemayee Chattopadhyay

    Such an informative article. One of my cousins is looking for something like this. I’m going to share this post to her so that she can get help from it.

  26. My uncle just asked me something on these lines. I’m so illiterate in this field that I was lost. I’ll forward this to him and see if it helps. Or if this is what he was looking for.

  27. Covid has slow down our financial state. That’s good initiative by Poonawalla Finance to start term loan scheme for supporting Chartered Accountants

  28. This is a great scheme for CAs. I didn’t aware of the facts, thanks for these insights.
    Pooawala comes with great term loan scheme.

  29. this also such an informative post for CAs and self-employed people. I am going to check this out more now.

  30. The Term Loan scheme is really very convenient and helpful, for CA’s embarking on their own independent practice.

  31. That’s a great term loan plan for CAs , more so wrt continue their services in this time of pandemic.

  32. Really great information on investment for chartered accountants, I dint know about this but I showed to my husband he said yes this is very nice investment

  33. That’s a informative post. That’s a good news for all the aspiring chartered accountants to get loan for their studies

  34. Ravi Kumar Sardana

    Very informative article for those who dont know about it. Its good to see that company has comeup with such loan and with good rate of interest.

  35. The Term loan schemes for Chartered Accountants from Poonawalla finance is very helpful. I will surely pass it on to my CA friends.

  36. Many of my brother’s friends are CAs… This is well explained! I will share this with my brother!

  37. Very insightful article. Such articles are always very helpful in planning finances and much more.. A great read. Very informative.

  38. This is really a great scheme from Poonawalla Finance. You shared all the info in very interesting way.

  39. Super insightful and yes, absolutely topical. Thank you for sharing. I try and do a lot of things in-house and usually seek external support with issues related to loan schemes. He usually does recommend from time-to-time.

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