Documents Required for Net Worth Certificate
Checkout Complete List of Documents Required for Net Worth Certificate. When you required Net Worth Certificate for VISA following Documents will required to furnish before Chartered Accountant (CA) for Certificate Preparation.
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Brief of Documents Required for Net Worth Certificate Preparation
Chartered Accountant will ask to present following main stream assets document while preparing Net Worth Certificate. Component of Documents Required to present based on Movable Assets, Immovable Assets, Liability and Person/company identity proof. Purpose of Demanding Documents by CA is to verify the details and value as on certificate date.
Checklist of Required Documents for Net Worth Certificate
Personal Details
- Owner/Applicant/Sponsors/Person/Company: Identity Card – Aadhar Card/Pan Card/Passport/Voter ID Card etc. (Any One)
- Email and Mobile Number of Applicant
- If Purpose is for VISA – Country and Type of VISA
Liquid & Movable Assets - Supportive Documents
- Savings and Current Account Balances: The most recent Bank Statement or Passbook.
- Fixed Deposits (FD) Balance: Statement or Fixed Deposit Receipt.
- Public Provident Fund (PPF) and Provident Fund (PF) Balances: PPF Statement or PF Passbook (latest available).
- Mutual Fund Investments: The latest Mutual Fund Holding Statement or Net Asset Value (NAV) Report.
- Investment in Shares: The most recent Holding Report of Shares or DEMAT account statement.
- Life Insurance Investments: Latest Premium Paid Receipt or Investment Statement.
- Gold Holdings and Gold Ornaments: Purchase Bills, Quantity in Hand Details, or a Valuation Report for gold assets.
- Vehicles (Car and Bike): Vehicle Registration Certificate (RC) or the latest Insurance Policy.
- Cash Holdings: Detailed record of Cash in hand or Cash Ledger.
- GIC Deposit – Canada Based Student Deposit Letter
- Any Other Liquid Assets: Include any relevant documents for other liquid assets not covered above.
Property Immovable Assets - Supporting Evidence
1. Land, Plot, Space (Non-Agricultural)
- Proof: Provide any one of the following documents –
- Index Copy
- Property Tax Bill
- 7/12 or 8A Record
- Purchase Agreement
2. Residential Property (Flat, Bungalow, House, Villa, Apartment)
- Ownership Proof: Provide any one of the following documents –
- Index Copy
- Electricity Bill
- Purchase Agreement
- Property Tax Bill
- Any other relevant record (Choose any one document)
3. Commercial Property (Office, Space, Factory)
- Ownership Document: Provide any one of the following documents –
- Index Copy
- Electricity Bill
- Purchase Agreement
- Property Tax Bill
- Any other relevant record (Choose any one document)
4. Agricultural Land
- Ownership Proof: Provide any one of the following documents –
- Village Record
- 7-12 8A Account (Choose any one document)
5. Any Other Immovable Property
- Property Valuation Report: Include a property valuation report for any other immovable property not covered above.
Self Declaration Form (Send us with filled below details Via WhatsApp/Email/Paper)
a. Property Type: Eg. Agriculture, Office, House, Flat etc
b. Complete Address of Property:
c. Name of Owner (Percentage of Ownership):
d. Area of Property: Eg. 200 Squire feet/Mtr etc.
e. Genuine Value of Property
(If Property is above 50/60 Lakhs Valuation Service is advisable)
Liabilities
1. Personal Loan, Home Loan, Mortgage Loan, Business/Education Loan, Any type of Loan
- Loan Statement or Outstanding Balance Letter.
2. Any other Payable
- Proof of Payable.
These documents will help you accurately assess and record your liabilities in your net worth statement.
