Refund of CA Foundation Exam Application Fee


The CA Foundation Exam is a prestigious examination conducted by the Institute of Chartered Accountants of India (ICAI) for aspiring chartered accountants. However, in some cases, the exam may be canceled due to unforeseen circumstances such as natural disasters, pandemics, or other emergencies. In such situations, candidates may wonder if they are eligible for a refund of the application fee they paid.


ICAI has a refund policy in place to address such scenarios. According to this policy, if the CA Foundation Exam is canceled due to unforeseen circumstances, candidates can apply for a refund of their application fee. The refund policy ensures that candidates are not financially burdened for an exam that could not be conducted.


To avail a refund of the CA Foundation Exam application fee, candidates need to follow a specific procedure. The steps involved in the refund process are as follows:

1. Notification: ICAI will issue an official notification regarding the cancellation of the exam. This notification will provide detailed information about the refund process and the required steps to be followed by the candidates.

2. Application for Refund: Candidates who wish to claim a refund need to submit a refund application to ICAI within the specified timeframe mentioned in the notification. The application should include relevant details such as candidate's name, registration number, and contact information.

3. Supporting Documents: Along with the refund application, candidates may be required to submit supporting documents as proof of their application fee payment. These documents may include the payment receipt or any other valid proof of fee submission.

4. Processing and Verification: Once the refund application and supporting documents are received by ICAI, they will be processed and verified by the concerned authorities. This verification ensures that the refund request is legitimate and meets the necessary criteria.

5. Refund Disbursement: After the verification process is complete, ICAI will initiate the refund disbursement. The refund amount will be credited to the bank account provided by the candidate in their refund application. It is important to ensure that the bank account details are accurate to avoid any delays in receiving the refund.


In the event of the CA Foundation Exam being canceled due to unforeseen circumstances, candidates are eligible for a refund of the application fee they paid. By following the specified procedure outlined by ICAI, candidates can apply for a refund and receive the refunded amount directly to their bank account. It is essential to stay updated with the official notifications from ICAI regarding the refund process and adhere to the specified timelines for submitting the refund application.