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+--- Thread: re:Interest free loan for CA students (/thread-re-interest-free-loan-for-ca-students)
re:Interest free loan for CA students - niceguymac - 09-22-2006
A CA student wants to obtain interest free loan for pursuing CA study. Can anybody helps in this matter? Plz Plz it is very urgent. He is a trainee student and requires loan to take admission ia a RAET.Plz help in this matter
I only need 15, 000/- rupees per six months. I shall be very thankful if anybody advise in this context.
I dreamt to become a Chartered Accontant but in need of loan.
If anybody knows of any NGO plz tell.
I contacted Bait ul mall and Akhuwat but receive no response.
- derivativetrader - 09-23-2006
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by niceguymac</i>
<br />A CA student wants to obtain interest free loan for pursuing CA study. Can anybody helps in this matter? Plz Plz it is very urgent. He is a trainee student and requires loan to take admission ia a RAET.Plz help in this matter.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
How much are you looking to borrow, the tenure and whether is it going to be secured or un-secured loan?
- Schuaeb - 09-23-2006
Niceguy ICAP's loan is not to be got easily, and I have not heard of a single example.
This perhaps is an unsecured loan which is to be returned upon qualifying or when you leave the profession
- Business_Maker - 09-25-2006
Hi niceguy as far as i know the fees of Trainee student and other academic expenses is borne by the firm but im not 100% sure.....
- Sunny84 - 09-25-2006
i've also heard about the same. It should be borne by the firm.
- Sunny84 - 09-25-2006
if they don't pay us enough, they should at least bear our study expenses.
- Schuaeb - 09-26-2006
Business maker you are totally mistaken. CA firms do not bear any of student's academic expense.
ICAP's policy in this regard is that a firm has to reimburse 50% of the amount a trainee incurs for buying module E and F syllabi books.
As I'm doing articles so its confirmed no such thing is there. A firm just pays the stipend that is only Rs. 3,200-. Additionally, a traineeâs income is in the form of what he gets us daily allowance from clients.