The Committee for Capacity Building of CA Firms and Small & Medium Practitioners, ICAI has taken a major initiative for arranging financial assistance to SMPs in the form of liberalised loan scheme through Corporation Bank. An MOU has been signed by the President, ICAI with Corporation Bank on 13th October 2010.
The scheme "Corp - CA" is specially designed for the Chartered Accountants. Through the scheme, eligible Chartered Accountants can avail finance for construction of office premises including cost of furniture/fixture/office equipments-computers and other accessories. The scheme would also enable the Chartered Accountants to finance a part of the working capital for building their profession and will take care of the needs of freshers (CAs with experience below three years).
The details of loan scheme may be seen by login on link http://www.icai.org/corpca/index.html. Members may contact nearest branch of Corporation Bank to avail benefits of this loan scheme.