ICAI appeal to the members to contribute generously towards CABF



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The Institute of Chartered Accountants of India (ICAI) is urging its members to make voluntary contributions to the Chartered Accountants' Benevolent Fund (CABF). The fund provides financial assistance, including medical grants, to members and their dependents facing distress. The ICAI also encourages members to take up Lifetime Membership to maximise the support available.

The Institute of Chartered Accountants of India has made an appeal to all the members to contribute generously making voluntary contribution towards CABF and to also take Lifetime Membership so that maximum medical grant can be extended to the suffering Members and their dependents. Read the official appeal issued below:

M&C-MSS Directorate
The Institute of Chartered Accountants of India
29th April, 2021

APPEAL TO THE MEMBERS

The Institute of Chartered Accountants of India (ICAI) under the banner Chartered Accountants' Benevolent Fund (CABF) has created a dedicated fund to provide financial assistance to the Members and their dependents in the form of Monthly/One-Time Ex-Gratia/Medical Financial Assistances who are in distress.

In addition to above assistance, The Managing Committee of CABF in the month of July, 2020 has deiced to provide Medical Financial Assistance for Treatment of CORONA/COVID 19 disease for Members and their dependents. It is informed that Managing Committee has sanctioned/released substantial amount to 194 Members for Treatment of CORONA Disease.

ICAI Urges Members to Donate to Benevolent Fund

The ICAI makes an appeal to all its Hon'ble Members to contribute generously making voluntary contribution towards CABF and also take Lifetime Membership [https://cabf.icai.org/lifeMember] to enable us extend maximum medical grant to the suffering Members and their dependents

Your valuable contribution can help members and their dependents in time of financial stress. Members may contribute online to CABF at the link:https://cabf.icai.org/lifeMember

Contributions can also be made directly as below:

Name: The Chartered Accountants' Benevolent Fund
PAN No.: AAAAC0065G
Name of the Bank: Axis Bank, Swasthya Vihar - New Delhi
A/c No.: 913010046844303
IFS code: UTIB0000055

FAQ :

The CABF is a dedicated fund established by the ICAI to offer financial aid, such as monthly ex-gratia payments and medical assistance, to members and their dependents who are experiencing hardship.

The CABF provides medical financial assistance for the treatment of Corona/COVID-19 for its members and their dependents. A substantial amount has already been sanctioned and released to 194 members for this purpose.

Members can contribute voluntarily online via the provided link (https://cabf.icai.org/lifeMember) or directly through bank transfer to The Chartered Accountants' Benevolent Fund.

Taking Lifetime Membership enables the ICAI to extend maximum medical grants to members and their dependents who are suffering.

The appeal is from The Institute of Chartered Accountants of India (ICAI) under the banner of the Chartered Accountants' Benevolent Fund (CABF).




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