Chartered Accountants' Benevolent Fund (CABF)

A dedicated support system for ICAI members & their families

The CABF web portal enables ICAI members, beneficiaries and donors to manage financial assistance and contributions in a transparent, structured and fully digital manner.

CABF Journey of Financial Assistance
2020-21

280

Beneficiaries

₹3.97 Cr
2021-22

877

Beneficiaries

₹11.92 Cr
2022-23

221

Beneficiaries

₹3.67 Cr
2023-24

84

Beneficiaries

₹1.50 Cr
2024-25

145

Beneficiaries

₹2.54 Cr
2025-26

132

Beneficiaries

₹2.32 Cr

Objective of the Fund

The objective for which the fund is established is to provide financial assistance for maintenance, education or any other similar purpose to necessitous persons being:

For Members

Providing Medical reimbursement to the needy members.

For Family of the deceased Member

Providing Monthly Financial Assistance Providing Ex-gratia Financial Assistance Providing Medical reimbursement of Member (claimed by the Beneficiary)

Procedure for Becoming a Member of CABF

There are two categories of members:

Life Member
One-time Life Membership

Pay once and remain a Life Member.

₹10,000 One-time
Ordinary Member
Annual Subscription

Renew yearly, with optional voluntary contribution.

₹1,000 Per year
Voluntary Member
Voluntary Subscription
Procedure for Making Payment

Membership subscription to the Chartered Accountants Benevolent Fund can be paid along with annual membership fee online.

Application Format & Extent of Assistance

Apply in the prescribed format with supporting documents. Assistance is provided as per CABF rules and eligibility.

Monthly Assistance
Up to ₹15,000 / month
Renewable after 1 year (as per circumstances)
  • For maintenance of family of members / widow / relatives of deceased members.
  • Eligibility: monthly family income not more than ₹25,000 pm.
Ex-gratia Assistance
₹1,50,000
For accidental / unnatural death (below 55 years)
  • Ex-gratia financial assistance is provided to the legal heir of a deceased member in case of accidental / unnatural death at the age below 55 years against claim.
  • Eligibility: monthly family income not more than ₹25,000 pm.
Medical Assistance
Up to ₹1,50,000
Renewable after 1 year (as per circumstances)
  • Medical Finacial Assistance Up to ₹1,50,000 available to member or dependent of the member in case of hospitalization.
  • Eligibility: monthly family income not more than ₹25,000 pm.