Can I pay the CA Intermediate exam fee in installments?
Can I pay the CA Intermediate exam fee in installments?
Yes, candidates appearing for the CA Intermediate exam have the option to pay the exam fee in installments. The Institute of Chartered Accountants of India (ICAI) offers this facility to help candidates manage their financial commitments while pursuing their studies. The installment facility is available for both the groups or individual groups of the CA Intermediate exam.
Procedure to pay the CA Intermediate exam fee in installments:
To avail the installment facility for paying the CA Intermediate exam fee, candidates need to follow the below-mentioned procedure:
1. Visit the official website of ICAI: Candidates need to visit the official website of ICAI, which is https://www.icai.org.
2. Log in to the student portal: Candidates are required to log in to the student portal using their login ID and password.
3. Select the payment option: Once logged in, candidates should select the payment option available on the portal.
4. Choose the installment option: In the payment options, candidates will find the installment facility. They need to select the installment option to proceed further.
5. Select the desired installment plan: Candidates will be presented with various installment plans. They can choose the plan that suits their financial situation and select it.
6. Make the first installment payment: After selecting the installment plan, candidates need to make the first installment payment as per the payment schedule provided.
7. Follow the payment schedule: Candidates should follow the payment schedule mentioned in the installment plan. They need to make the subsequent installment payments as per the due dates mentioned.
8. Complete the payment: Candidates should ensure that they complete all the installment payments before the due dates to avoid any late payment penalties.
Key points to remember:
- The installment facility is available only for the CA Intermediate exam fee and not for any other fees such as registration fees or membership fees.
- Candidates should carefully choose the installment plan that suits their financial situation and ensures timely payments.
- Late payment penalties may be applicable if the installment payments are not made on time.
- Candidates should regularly check the official ICAI website for any updates or changes regarding the installment facility.
- It is advisable to keep track of the payment schedule and set reminders to avoid missing any installment payments.
Overall, candidates appearing for the CA Intermediate exam can opt for the installment facility to pay their exam fee. By following the above procedure and adhering to the payment schedule, candidates can manage their financial commitments effectively while preparing for the exam.