If you are a Chartered Accountant in Practice in India this offer is for you
Minimum Age: 25 Years, Maximum Age: 65 years
CA must have Certificate of Membership (CoM)/ Certificate of Practice (CoP) issued by ICAI. CoM/ CoP should be at least 5 years old.
ITR for past 3 years should be available.
The applicant must secure a minimum score of 50% as per score card under the scheme.
Applicant must be registered as MSME in UDYAM portal.
Loan amount: Min. Rs.2 Lakhs;
Max: (i) Metros: Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Bengaluru: Rs. 100 Lakhs
(ii) Other Centres: Max. Rs.75 Lakhs. (State Capital/ Urban Centres)
Assessment: 75% of the project cost.
Interest Rate: EBLR + 2.00 % ( Present Effective rate 8.65%)
Primary Security: Assets created out of bank finance.
Collateral Security: Loan to be covered under CGTMSE.
Personal Guarantee: Applicable. Personal guarantee of promoter (s) to be taken.
Repayment Period: Repayable in 60 EMIs. (With maximum moratorium of 12 months).
Up to Rs. 10 lacs: Rs. 500 plus applicable taxes
Above Rs. 10 lacs: Rs. 1000 plus applicable taxes
Offer detail source : https://www.icai.org/
This Offer is provided under CMP Benefits of ICAI