Stipend Rates

Stipend Rates

MINIMUM STIPEND RATES EFFECTIVE FROM JULY 1, 2026

1. CAF Passed or equivalent thereto (Training Period 3.5 years)

Criteria Rupees per month
On commencement of Training 27,500
On passing four CFAP/MSA papers or more 38,500
Qualified with more than six months of training remaining 55,000
Qualified with six months or less of training remaining 93,500

2. CAF Passed or equivalent thereto (Training Period 2.5 years)

Criteria CAF Passed/Other Graduates (Rupees/month) SDAI/RDAI (Rupees/month)
On commencement of Training 27,500 34,100
On completion of 01 year training 35,200 41,800
On completion of 02 year training 44,000 49,500

3. Training after two years of CAF or minimum of passing of four papers of CFAP examination

Criteria CAF Passed/Other Graduates (Rupees/month) SDAI/RDAI (Rupees/month)
On commencement of Training 27,500 34,100
After 18 months of training AND on passing four CFAP papers 38,500 38,500
Qualified with more than six months of training remaining 55,000 55,000
Qualified with six months or less of training remaining 93,500 93,500

4. Four-year Graduate degree holders from SDAI and RDAI (Training Period 3 years)

Criteria Rupees per month
On commencement of Training 34,100
On passing four CFAP/MSA papers or more 38,500
Qualified with more than six months of training remaining 55,000
Qualified with six months or less of training remaining 93,500

5. 4-year degree holders from any other DAIs with major in accounting or finance (Training period 3 years)

Criteria Rupees per month
On commencement of Training 27,500
On passing four CFAP/MSA papers or more 38,500
Qualified with more than six months of training remaining 55,000
Qualified with six months or less of training remaining 93,500

6. Other Qualifications including 14-Years Associate Degree (Training period 4 years)

Criteria Rupees per month
On commencement of Training 24,200
On passing four CFAP/MSA papers or more 38,500
Qualified with more than six months of training remaining 55,000
Qualified with six months or less of training remaining 93,500

7. Stipend for trainees who had passed papers of CFAP/MSA on or before 30th June, 2025:

  1. Trainees who had passed any three papers of CFAP and are getting Stipend at the rate of Rs. 30,700/month will continue to receive the same Stipend.
  2. Trainees who had passed any four papers of CFAP or more will have the revised minimum Stipend of Rs. 38,500/month.
  3. Trainees who had passed either (a) all papers of CFAP; or (b) any three papers of CFAP and one MSA, and are getting Stipend at the rate of Rs. 42,600/month will continue to receive the same Stipend.
  4. Trainees who had passed all examinations that are required to become member of the Institute and are getting Stipend at the rate of, Rs. 84,700/month will continue to receive the same Stipend.
  5. Trainees who had passed all examinations that are required to become member of the Institute and are in their last six months of training will have the revised minimum stipend of Rs. 93,500/month.