THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
(Statutory Body under an Act of Parliament)
CMA Bhawan, 12, Sudder Street, Kolkata-700 016.
No. CMA(9)/2013 February 1, 2013
Sub: Fee Collection from Students
The Council of the Institute at its 278th Meeting held on 17th January, 2013 has
decided that fees from students pursuing the courses of the Institute shall have to be
collected in the following modes only:-
(a) PNB Pay Fee Module – Students shall have to deposit the fee at the PNB
Branches for both oral and postal students. No transaction cost has to be
borne by the students in this regard.
(b) On-line Registration and Payment – through Credit/Debit Cards – for Postal
(c) Where the facility as stated in (a) and (b) above cannot be availed, the
students shall be given the option to pay through “Demand Draft”, drawn in
favour of “The Institute of Cost Accountants of India”, payable at Kolkata.
The Council has further directed that with effect from 1st April, 2013, no fees (by
whatever name called) from students should be collected in cash.
The benefit of payment through other Banks and the list of those designated Banks
shall be notified shortly.