Are you looking for a Net Worth Certificate certified by a Chartered Accountant for Visa, Bank Loan, or Franchise application? You’re at the right place.
A Net Worth Certificate is often required for:
- Canada Visa
- UK Visa
- USA Visa
- Australia Visa
- Schengen Visa
- Bank Loan Applications
- Franchise Agreements
- Business Funding
- Tender Applications
This guide explains everything you need to know in simple terms.
What is a Net Worth Certificate?
A Net Worth Certificate is a financial document certified by a Chartered Accountant (CA) that reflects the total assets and liabilities of an individual, firm, or company as on a specific date.
It calculates:
Net Worth = Total Assets – Total Liabilities
The certificate is issued on CA letterhead with:
- Signature
- Membership Number
- Firm Registration Number
- UDIN (Unique Document Identification Number)
The certificate is used by embassies, banks, and institutions to assess the financial strength of the applicant.
What is Net Worth?
Net Worth represents the total financial position of a person or business at a given time.
If Assets > Liabilities → Positive Net Worth
If Liabilities > Assets → Negative Net Worth
A strong and stable net worth indicates good financial health.
Why is a Net Worth Certificate Required?
Net Worth Certificate for Visa Application
Embassies require a CA-certified Net Worth Certificate to verify:
- Financial capability to support travel/stay
- Ability to fund education abroad
- Proof of financial stability
It is commonly required for:
- Study Visa
- PR Visa
- Business Visa
- Investor Visa
Net Worth Certificate for Bank Loan
Banks may request a Net Worth Certificate to evaluate:
- Creditworthiness
- Loan eligibility
- Financial stability
Net Worth Certificate for Franchise or Business Agreement
Franchisors and investors require the certificate to:
- Assess financial capacity
- Confirm investment capability
How to Get a Net Worth Certificate
Step 1: Connect with a Chartered Accountant
Only a practicing CA can issue a valid Net Worth Certificate.
Step 2: Document Review
The CA reviews your assets and liabilities through supporting documents.
In case of property valuation, an approved valuer’s report may be required.
Step 3: Calculation & Drafting
The CA prepares a structured statement including:
- Movable Assets
- Immovable Assets
- Investments
- Bank Balances
- Business Capital
- Liabilities
Step 4: Certification with UDIN
The CA generates UDIN from ICAI portal and issues the signed certificate.
Documents Required for Net Worth Certificate
Assets Proof:
- Property documents / Valuation report
- Bank statements (latest 3–6 months)
- Fixed Deposits statements
- Mutual Fund / Share holding statement
- PPF / EPF statement
- Insurance surrender value
- Business capital statement
- Vehicle RC copy
Liabilities Proof:
- Loan outstanding statements
- Credit card dues
- Mortgage details
- Any other financial liabilities
Important Points (2026 Compliance)
- Certificate must be issued by a practicing CA
- UDIN is mandatory
- Date-specific certificate (validity depends on embassy/bank requirement)
- Figures must match documentary evidence
- CA may include disclaimer based on information provided
Frequently Asked Questions (FAQ)
Who can issue a Net Worth Certificate?
Only a practicing Chartered Accountant registered with ICAI.
Is Net Worth Certificate mandatory for all visa applications?
Not always. It depends on embassy requirements and type of visa.
How long is the certificate valid?
Generally valid for 3–6 months, depending on purpose.
Can property value be included?
Yes, but valuation report may be required.
For professional assistance in obtaining a CA-certified Net Worth Certificate, consult qualified Chartered Accountants to ensure accurate valuation and proper certification with UDIN.
