Ca educatinal loan

Coaching 1737 views 10 replies

Hello guys.
I completed my PUC in May this year.(science stream)
I am interested in appearing for the CPT exam to be held in november,2012.
I stay in bangalore.
Anyway, should I go for coaching for CPT?
is it necessary? I need a practical and honest oppinion. I know anything can be achieved through hard work, but will coaching reduce the burden?
But that is not my main question.
My main question is, can I take an educational loan for the course?
Will it cover my coaching fees also?(since I am from a modest financial background).
I have seen some adverts about some banks offering loans upto 2 lakh. Can I use that for coaching fees? As the official course will only cost me 40 K or so.. what about the extra amount?
I wuld really appreciate feedback. I'm under a lot of stress right now, and would be grateful to anyone who puts my doubts to rest.

Replies (10)

i would like to appreciate ur decision for cpt, and as regards cpt u can get material immediately after registering to cpt.... as ur from science group you can well go to coaching ......... 

 

or else if u have already registered and got books from institute... u can go through books if u feel so u can understand the concept on ur self by reading one or two chapters u can make self study.

 

let me know that whether u hve registered for cpt or not..... ? 

 

i too heared of loan amounted to two laks.... but  i dint have idea about it... actually u have to pay around 40k for ICAI for cpt, around 6k, for ipcc around 11k, and final level around 11k, and other computer and management training by the ICAI may cost around 15 k, but for cpt, ipcc and final u will get only material for the self study. Any how if u wanna take classes from ICAI, (u may have classes in ICAI branch in Banglore) it cost around 4k(i dont know) but if u go some where private institution it may cost more than it... 

And the fees of around 40k is for ICAI fee(u wil get material for self study), if u wanna take clases it may go around 1.5laks... so the loan limit may have about 8 lacs

any how after clearing cpt, u will be able to decide, whether can u prepare for urself or not for next levels.......

ALL THE BEST

i wish u can get relevant info from below links

/forum/education-loan-by-the-state-bank-of-india-for-ca-students-151137.asp#.UBhbhmFo13k

/forum/education-loan-for-ca-students-150456.asp#.UBhcAmFo13k

i wish u can get relevant info from below links

/forum/education-loan-by-the-state-bank-of-india-for-ca-students-151137.asp#.UBhbhmFo13k

/forum/education-loan-for-ca-students-150456.asp#.UBhcAmFo13k


Thanks for your feedback. I am very grateful to you. :)
About the classes conducted by IPCC.. how are they? Are they on par with the private coaching institutes?

 


 

 

I CANT GET ABOVE WHAT U HAVE ASKED BUT AS FAR AS PRIVATE INSTITUTES AND ICAI COACHING... THAT DEPENDS ON UNDERSTANDING CAPABILITIES. 

 

YOU DINT GAVE CORRECT INFORMATION WHETHER UR DOING CPT OR IPCC...

 

IF UR GOING TO PREPARE FOR CPT THEN GO THROUGH INSTITUTES BOOKS THEN U CAN SURE DECIDE WHETHER U WANNA TAKE COACHING OR SELF STUDY.

 

AND FOR IPCC LEVEL ALSO MY ANSER IS SAME U CAN DO SELFSTUDY BY DIFFERENT BOOKS NOT ONLY ICAI MATERIAL. OR IF U FEEL U NEED COACHING U CAN OPT BASED FINANCE etc., 

 

VINAY IT PURELY DEPENDS ON UR DECISIONS, WHETHER TO GO OR NOT TO COACHING CLASSES, I GOT CLASSES FROM A LOCAL TEACHER... I CANT TEL ANY THING ABOUT COACHING INSTITUTES... EVERY PRIVATE INSTITUTE TRIES TO GIVE THE BEST.  IT SEEMS UR FROM BANGALORE, THERE MUST ICAI CHAPTER, IF U ONCE GO THERE U CAN MEET STUDENTS AND TAKE THEIR OPINION OF PRIVATE INSTITUTES IN BANGALORE,.

 

CAN I KNOW WHAT UR PERCENTAGE IN PUC ?

 

 

 

 

I haven't applied for CPT yet. Still have to apply for it to write it in november.
I will try to meet some ohter students in that case.
I got 86% overall in PCMB.
I got 70% in maths, but I could have gotten more. I got very stressed and made some silly mistakes.
Where can I buy the material?
Is it avalable in local book shops or should I ask the ICAI?

IF U GET REGISTERED TO CPT U WIL GET BOOKED THROUGH POST FROM ICAI.

 

VISIT  WWW.ICAI.ORG

 

 

Oh thank you.
Hey, if it isn't too much to ask, can you give me your email id or facebook id? So I can ask about it.
If you don't want to give, I won't mind. It will be helpful if you do, but we can talk on this forum only.

What if I try to clear CPT by self-study and go for coaching for the other exams?
Will the bank give me a loan then?

yes u can, but where as bank loan you can once enquire wid the bank regarding loan from ipcc level, .

 

as per my opinion they might give loan from ipcc level also. but the thing stil i ve doubt is whether banks are sanctioning loans or not, i too came to know only from cci.


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