Central Bank of India announces attractive loan scheme for all CA/CS/CMA members

The Central Bank of India (CBI) has announced an attractive loan scheme for all CA/CS/CMA members to satisfy working capital and infrastructure needs in their respective professional practices.

In a letter to the ICAI President, the bank informed that it has launched a customer-friendly scheme for all CA/CS/CMA members.

The Text of the Letter read as follows:

In the captioned matter, our Bank has launched a customer-friendly scheme Cent CA/CS/CMA in the month of December 2023 for Finance Professionals with attractive interest rates ie. on RBLR Presently 9.35 % (with CGTMSE cover) and RBLR – 0.85% (8.50%) with 100% collateral.

The main aim of the scheme is to support Finance Professionals who have qualified themselves after rigorous training and examinations to set up their own establishments in case they wish to start their own business.

Salient features of Cent CA/CS/CM A Scheme are as under:-

You may visit our website www.centralbankofindia.co.in for scheme details and/ or may visit our nearest Regional/ Branch Offices or on contact the below-mentioned email IDs.

1. cmmsme@centralbank.co.in
2. cm2msme@centralbank.co.in
3. agm2msme@centralbank.co.in
4. dgmmsme@centralbank.co.in

We kindly request you to popularise our Cent CA/CS/CMA scheme amongst your members so that maximum CMAs may avail loan under this attractive scheme. We also requesting our Regional Offices/ Zonal Offices to visit your local offices/ chapters at various centres with the hope of extension of kind support from your side.

For Official Letter Download PDF Given Below: