How To Prepare a Net Worth Certificate for Visa: Step-by-Step Guide
Applying for a student, tourist, or immigration visa often requires proof of your financial strength. A Net Worth Certificate (NWC) issued by a Chartered Accountant (CA) is one of the most recognized documents to show your assets and wealth.
In this blog, we’ll guide you step-by-step on how to prepare a Net Worth Certificate for visa purposes.
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📋 Step-by-Step Process to Prepare a Net Worth Certificate
Preparing a Net Worth Certificate may sound complicated, but with the right steps, it’s a straightforward process. Whether you’re applying for a student visa, visitor visa, or permanent residency, this certificate helps prove that you or your sponsor have sufficient financial backing. A Chartered Accountant (CA) is the only authorized professional who can issue a valid Net Worth Certificate, making their role crucial in the documentation process.
In the next section, we’ll walk you through the step-by-step process of creating a Net Worth Certificate. From understanding what qualifies as an asset to collecting the necessary documents and getting a CA to verify and certify them, we’ve broken it down into simple, easy-to-follow steps. This guide will help you avoid common mistakes and ensure your certificate is accepted without issues.
Step 1: Understand What’s Included in Net Worth
Step 1: Understand What’s Included in Net Worth
You can include the following assets:
Bank balances (savings, FDs, RDs)
Immovable property (land, house, flat)
Movable assets (vehicles, gold, jewelry)
Investments (mutual funds, shares, bonds, LIC, PF)
Business assets (if self-employed)
Minus liabilities, such as:
Loans
Credit card dues
Mortgages
📝 Net Worth = Total Assets – Total Liabilities
Step 2: Collect Supporting Documents
You’ll need to show proof of the assets and liabilities you declare. Collect:
Bank Statements (lastest months)
Property Valuation Report (from a registered valuer or as per self declaration)
Loan statements (car loan, home loan, etc.)
Investment proofs (mutual funds, FDs, insurance)
Gold valuation (optional but recommended)
Business balance sheet (if applicable)
💡 Tip: All documents should be recent (within 1–2 months) and clearly legible.
Step 3: Contact a Chartered Accountant (CA)
Only a CA registered in India can issue a Net Worth Certificate for visa purposes.
Provide your documents to the CA. They will:
Verify all the data
Perform asset-liability calculations
Draft the Net Worth Certificate using a standard format
Include their signature, seal, membership number, and UDIN (Unique Document Identification Number)
👉 A CA certificate without UDIN is often rejected.
Step 4: Ask for Double-Currency Format (if required)
Some embassies prefer to see the net worth in both INR and USD/CAD. You can ask your CA to prepare the certificate in:
INR only, or
INR + Foreign Currency (USD/CAD/AUD/GBP)
💱 Conversion should use official exchange rates from RBI or authorized forex platforms.
Step 5: Final Review and Submission
Before using the certificate for visa:
Double-check the spelling of your name and PAN
Verify property values and conversions
Make sure it’s printed on the CA’s letterhead
Confirm UDIN is generated and verifiable
Then you can submit the Net Worth Certificate along with your visa application or financial documents.
📌 Important Tips
✅ Use a CA experienced with visa-related documents
✅ Do not overstate asset values; embassies may verify
✅ Keep backup documents ready for visa interview
✅ If applying as a sponsor, prepare a net worth certificate in their name
🧾 Sample Assets Table (as seen in Net Worth Certificates)
| Asset Type | Amount (INR) |
|---|---|
| Bank Deposits | ₹4,50,000 |
| Mutual Funds | ₹2,25,000 |
| Property (House) | ₹45,00,000 |
| Gold & Jewelry | ₹3,75,000 |
| Total Assets | ₹55,50,000 |
| Liabilities | ₹5,50,000 |
| Net Worth | ₹50,00,000 |
Note: A CA will use a more detailed format.
✅ Conclusion
Getting a Net Worth Certificate for visa is not complicated—but accuracy matters. By preparing clear asset documents and working with a professional CA, you’ll create a strong financial proof for your application.
If you need help preparing a net worth certificate for study, tourist, PR, or family visa, you can connect with certified experts through our Net Worth Certificate Service.
Contact Us For Net Worth Certificate for Visa: Call or WhatsApp +91 9726365820
