Net Worth Certificate Format: How to Create One in India

Need a net worth certificate for a visa, loan or legal matter? This document, certified by a Chartered Accountant (CA), shows your financial standing by detailing your assets and liabilities. 

Whether you’re a student applying for a visa or a business owner seeking a loan, a proper net worth certificate format ensures legal validity and trust. 

With ezyLegal, you can connect with trusted CAs to get a CA-certified net worth certificate quickly. This guide explains the format, how to create one and tips for accuracy, including a downloadable Word template.

What Is a Net Worth Certificate?

A net worth certificate is a CA-certified document that summarizes an individual’s or business’s financial position by listing assets (e.g., property, cash, investments) and liabilities (e.g., loans, credit dues). 

It’s calculated as total assets minus total liabilities and is issued on a CA’s letterhead with a Unique Document Identification Number (UDIN) for authenticity. 

In India, only licensed CAs can issue these certificates, ensuring compliance with standards like the Companies Act, 2013 and Income Tax Act, 1961.

This certificate is vital for:

• Visa Applications: Proves financial stability for student, tourist or business visas (e.g., Canada, USA).
• Loan Applications: Shows creditworthiness to banks.
• Legal Cases: Supports bankruptcy, divorce or inheritance disputes.
• Business Needs: Assists in franchise applications, Demat account openings or SEBI/RBI compliance.
• Personal Planning: Tracks financial progress for retirement or investments.

Why Use a Standardized Net Worth Certificate Format?

A standardized format ensures the certificate is legally valid and accepted by banks, embassies and courts. It includes clear sections for assets, liabilities and net worth, certified by a CA with their signature, stamp and UDIN. 

For visa applications, a dual-currency format (e.g., INR and USD) may be required. Using a CA-issued format avoids rejection and ensures compliance for purposes like loans, visas or legal proceedings. ezyLegal helps you get a tailored, embassy-compliant format in just 24–48 hours.

People Also Read: Comprehensive Handbook on Net Worth Certificates in India

Step-by-Step Guide to Creating a Net Worth Certificate

Follow these steps to create a CA-certified net worth certificate:

1. Gather Financial Data

Collect up-to-date documents for:

• Assets:
  • Immovable: Land, houses, commercial properties.
  • Movable: Vehicles, jewelry, furniture.
  • Liquid: Bank balances, fixed deposits, shares, mutual funds.
• Liabilities:
  • Loans (home, personal, vehicle).
  • Credit card dues.
  • Other payables (e.g., tax liabilities).

Ensure documents are recent (e.g., bank statements from the last 12 months). For family assets (e.g., parents’ property for visa applications), include ownership proof.

2. Prepare a Net Worth Statement

Use a standard format with these sections:

• Header: “Net Worth Certificate” on CA’s letterhead.
• Details: Name, address, PAN and date.
• Assets and Liabilities: List each category with values.
• Net Worth: Total assets minus total liabilities.
• Purpose: Specify use (e.g., visa, loan).
• Certification: CA’s signature, membership number, stamp and UDIN.

Download a customizable net worth certificate format in Word via ezyLegal to prepare your details.

3. Get It Certified by a CA

Submit your documents to a licensed CA, either in person or online through ezyLegal. The CA will:

• Verify documents (e.g., property deeds, bank statements).
• Assign fair market values to assets (e.g., property, gold).
• Issue the certificate with a UDIN for online authentication.
• Provide a scanned copy (within 24–48 hours) and a physical copy via courier.

Sample Net Worth Certificate Format for Individuals

Below is a sample format for an individual, addressing “net worth certificate format for individual” and “net worth certificate by ca format”:

NET WORTH CERTIFICATE

(On CA’s Letterhead)

To Whomsoever It May Concern

This is to certify that Mr./Ms. [Full Name], PAN: [PAN Number], residing at [Full Address], has a net worth of ₹[Amount in Figures] (Rupees [Amount in Words] Only) as on [Date], based on documents verified by us.

Statement of Assets and Liabilities

Assets:

1. Immovable Property (e.g., house, land): ₹__________
2. Bank Balances: ₹__________
3. Fixed Deposits: ₹__________
4. Investments (shares, mutual funds): ₹__________
5. Vehicles: ₹__________
6. Jewelry: ₹__________
7. Other Assets: ₹__________
   Total Assets: ₹__________

Liabilities:

1. Home Loan: ₹__________
2. Personal Loan: ₹__________
3. Credit Card Dues: ₹__________
4. Other Liabilities: ₹__________
   Total Liabilities: ₹__________

Net Worth (Assets – Liabilities): ₹__________

This certificate is issued for [purpose, e.g., visa application to Canadian Embassy] at the request of Mr./Ms. [Name].

Place: [City]

Date: [DD/MM/YYYY]

For [CA Firm Name]

[Signature]

[CA Name]

Membership No.: [Number]

UDIN: [Number]

(Rubber Stamp)

Download this net worth certificate format in Word via ezyLegal to customize for your needs.

Tips for Accuracy and Compliance

To ensure your net worth certificate is accurate and legally valid, follow these tips:

• Verify Data: Use recent documents (e.g., bank statements, property deeds) and avoid estimates.
• Include All Assets: List family assets only if you have legal ownership (e.g., share in parents’ property).
• Use CA Format: Ensure the certificate includes the CA’s signature, stamp and UDIN for authenticity.
• Specify Purpose: Clearly state the purpose (e.g., “for student visa to USA”) to meet specific requirements.
• Check Currency: For visas, include dual-currency values (e.g., INR and USD) if required.
• Keep Records: Retain copies of all submitted documents for verification by banks or embassies.
• Consult a CA: Work with a licensed CA through ezyLegal to avoid errors and ensure compliance.

Documents Required for a Net Worth Certificate

You’ll need these documents:

• Personal: PAN Card, Aadhaar Card, Passport or Voter ID for identity; bank statement, electricity bill or ITR for address proof.
• Financial: Bank statements (last 12 months), property deeds, investment records (shares, mutual funds), loan agreements and tax returns.
• Additional: For visas, include family asset documents if applicable, with ownership proof.

Net Worth Certificate Fees and Timelines

Fees range from ₹2,000 to ₹5,000, depending on the purpose (e.g., ₹3,000 for visa applications, ₹2,000 for loans). 

Processing takes 24–48 hours for a scanned copy, with physical delivery in 3–5 days. ezyLegal offers competitive pricing and fast turnaround through trusted CAs.

Legal Implications of an Inaccurate Certificate

An inaccurate or uncertified net worth certificate can lead to:

• Visa Rejections: Embassies may reject applications if financial stability isn’t proven.
• Loan Denials: Banks may refuse loans if the certificate lacks a UDIN or CA certification.
• Legal Issues: In disputes (e.g., divorce, bankruptcy), courts may dismiss unverified certificates.

Always use a CA-certified format to avoid complications.

How ezyLegal Can Help with Net Worth Certificate

Creating a net worth certificate can be complex, especially for visa or legal purposes. ezyLegal connects you with experienced CAs to ensure your certificate is accurate, compliant and delivered fast. 

Whether you’re in Mumbai, Delhi or a smaller town, our platform simplifies the process with online document submission and expert guidance. 

Get your CA-certified net worth certificate in 24–48 hours with ezyLegal. Visit ezyLegal to start now.

Conclusion

A net worth certificate is your key to proving financial stability for visas, loans or legal matters. 

By following a standardized format, gathering accurate documents and working with a licensed CA, you can create a reliable certificate. 

Download a net worth certificate format in Word via ezyLegal to get started. With ezyLegal’s expert support, you’ll have a CA-certified certificate tailored to your needs in no time.

Frequently Asked Questions

Q1. What is a net worth certificate?

Ans1. A CA-certified document showing an individual’s or business’s assets minus liabilities, used for visas, loans or legal cases.

Q2. Why is a net worth certificate needed?

Ans2. It proves financial stability for visa applications, loan approvals, legal disputes, franchise applications or Demat account openings.

Q3. How to make a net worth certificate in India?

Ans3. Gather financial documents, prepare a statement using a standard format and get it certified by a CA through ezyLegal.

Q4. What is the standard net worth certificate format?

Ans4. It includes a CA letterhead, personal details, assets and liabilities, net worth calculation, purpose and CA’s signature, stamp and UDIN.

Q5. Can I download a net worth certificate format in Word?

Ans5. Yes, download a customizable net worth certificate format in Word via ezyLegal, but it must be CA-certified for legal use.

Q6. What documents are needed for a net worth certificate?

Ans6. Identity proof (PAN, Aadhaar), address proof, bank statements, property deeds, investment records, loan details and tax returns.

Q7. Who can issue a net worth certificate in India?

Ans7. Only a licensed Chartered Accountant (CA) recognized by ICAI can issue a net worth certificate.

Q8. How much does a net worth certificate cost?

Ans8. Fees range from ₹2,000 to ₹5,000, depending on the purpose (e.g., ₹3,000 for visas). ezyLegal offers competitive rates.

Q9. How long is a net worth certificate valid?

Ans9. It’s valid as of the date issued, typically accepted for 3–6 months by banks or embassies.

Q10. Can I include family assets in my net worth certificate?

Ans10. Yes, if you have legal ownership (e.g., share in parents’ property), with proper documentation.

Q11. Is a self-declared net worth certificate valid?

Ans11. No, only CA-certified certificates with a UDIN are valid for official purposes like visas or loans.

Q12. What’s the net worth certificate format for visa applications?

Ans12. It includes dual-currency values (e.g., INR and USD), detailed assets, liabilities and a clear purpose statement, certified by a CA.

Q13. Can I edit a net worth certificate format in Word?

Ans13. Yes, use a Word template to prepare details, but a CA must verify and certify it for legal use.

Q14. How long does it take to get a net worth certificate?

Ans14. A scanned copy is ready in 24–48 hours, with physical delivery in 3–5 days via ezyLegal.

Q15. Can I use the same format for individuals and businesses?

Ans15. No, business formats include corporate assets and liabilities, while individual formats are simpler. ezyLegal can tailor both.

Q16. Can I challenge an inaccurate net worth certificate?

Ans16. Yes, request a revised certificate from your CA with updated documents or consult ezyLegal for legal advice.