Special Term Loan Scheme for CAs Rolled Out by Poonawalla Finance

(Chairman- Adar Poonawalla and MD & CEO Abhay Bhutada)

  • More than 3 lakh Chartered Accountants (CAs) will get benefit across the nation.
  • The term loan scheme will offer Professional Loan and Personal Loan with zero payment charges and attractive interest rates.
  • Numerous CAs will get the sanctioned loan during the launch of this scheme from the first month.

Poonawalla Finance Private Limited is another most popular company with a non-deposit option for taking NBFC. The company had signed an agreement or contract to offer the special term loans for CAs (Chartered Accountants). This move will assist or benefit numerous CAs, the members of the ICAI committee (Institute of Chartered Accountants of India). Their financial requirements will be further shored up by using this special term loan scheme. The statement says that it can meet their personal exigencies and their professional practice. 

They believe to offer credit support for professionals such as Doctors & CAs and MSMEs for business development. Adar Poonawalla, the Chairman informed that it will boost economic growth and strengthen the further entrepreneurial ecosystem. This tailor-made term loan scheme for CAs will offer zero pre-payment charges and attractive interest rates. A few others like taking the existing loans at higher interest rates and 100% online digital processing features.

The Chartered Accountants governing body has combined with the Poonawalla Finance for offering the special term free loans. The company had received numerous loan applications from the accountants to sanction the loans worth Rs 150 crore. Around 1,500 CAs (Chartered Accountants) will get this special term loan during the launch of the first month. This tailor-made special term loan is specially designed for the chartered accountant professionals. It offers various features like 100% online digital processing, zero payment charges, and attractive interest rate. The existing loans can also be taken over by using higher interest rates. 

Special term loan scheme is delightful for supporting with the credit for the CA professionals during the unprecedented times. They believe to offer credit support for professionals such as Doctors & CAs and MSMEs for business development. Adar Poonawalla, the Chairman of the Poonawalla Finance informed that it will boost economic growth and strengthen the further entrepreneurial ecosystem. 

This loan scheme can assist professionals with financial requirements to invest in their professional practice. During the COVID-19 pandemic, numerous sectors are experiencing the liquidity crunch to fulfill their personal exigencies. The mission of this company is to offer the special term loan scheme for prevailing various credit support. 

It is meant for individuals and enterprises to fulfill or assist with their credit requirements. As of now, the current market scenario will be a challenge to emerge during the need for credit. The digitally-enabled and affordable loan scheme can assist CAs professionals to fulfill their requirements. 

Abhay Bhutada, CEO & MD of Poonawalla Finance commented about the special term loan scheme during the press meet. This feature will assist to enhance the enterprise-driven and nationwide growth across the nation. It is also published on numerous websites or reliable sources.

About Poonawalla Finance Company

Poonawalla Finance Private Limited, the most popular financial services company and registered beneath the RBI Bank (Reserve Bank of India). This NBFC (Non-Banking Financial Company) will systemically accept a non-deposit from customers. It is another part of Cyrus Poonawalla Group worth $10 billion and the headquarters is located in Pune, India. As an NBFC, it can create a new benchmark with passion and trust for excellence & business. 

They are known as the digital-lending NBFC and offer numerous loans for enabling the users to gain their financial requirements. The small ticket size will comprise multiple products such as an Unsecured business loan, Professional loan, and Personal loan. You can bid to gain the higher or maximum value that is customized to fulfill the customer’s needs. A social impact is properly aimed at creation and assist in serving customers with their financial requirements. 

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