Stipend Rates

MINIMUM STIPEND RATES EFFECTIVE FROM JULY 1, 2025

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

Criteria	Rupees per month
On commencement of Training	25,000
On passing four CFAP/MSA papers or more	35,000
Upon Qualifying	50,000
Qualified and in last six months of training	85,000

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	25,000	31,000
On completion of 01 year training	32,000	38,000
On completion of 02 year training	40,000	45,000

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	25,000	31,000
After 18 months of training AND on passing four CFAP papers	35,000	35,000
Upon Qualifying	50,000	50,000
Qualified and in last six months of training	85,000	85,000

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

Criteria	Rupees per month
On commencement of Training	31,000
On passing four CFAP/MSA papers or more	35,000
Upon Qualifying	50,000
Qualified and in last six months of training	85,000

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	25,000
On passing four CFAP/MSA papers or more	35,000
Upon Qualifying	50,000
Qualified and in last six months of training	85,000

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

Criteria	Rupees per month
On commencement of Training	22,000
On passing four CFAP/MSA papers or more	35,000
Upon Qualifying	50,000
Qualified and in last six months of training	85,000

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. 35,000/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. 85,000.