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re:Interest free loan for CA students

 
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re:Interest free loan for CA students
niceguymac
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#1
09-22-2006, 02:12 AM
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
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#2
09-23-2006, 01:53 AM
<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
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#3
09-23-2006, 04:03 AM
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
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#4
09-25-2006, 04:06 AM
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
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#5
09-25-2006, 10:54 AM
i've also heard about the same. It should be borne by the firm.
Sunny84
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#6
09-25-2006, 10:58 AM
if they don't pay us enough, they should at least bear our study expenses.
Schuaeb
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#7
09-26-2006, 03:23 AM
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 trainee’s income is in the form of what he gets us daily allowance from clients.
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