Net Worth Certificate for Foreign Remittance (15CB / 15CA / FEMA) — Guide (2026)
Net Worth certificate for foreign remittance under FEMA — Form 15CB / 15CA, LRS, ODI, property purchase abroad. CA-signed format. From ₹3,999.
When you remit money from India to a foreign country — for property purchase, education, medical, investment, gifts, maintenance of relatives, or business — the bank + RBI requires documentation to ensure the remittance is FEMA-compliant. A Net Worth Certificate is one of the key supporting documents, especially for large remittances. In this guide, we cover when it is required, the format, the cost, and the process.
When is Net Worth Certificate Required for Foreign Remittance?
- LRS (Liberalised Remittance Scheme) — remittance > ₹5L per transaction
- Property purchase abroad by NRI / Indian resident
- Foreign investment (US LLC, UK Ltd, Singapore Pte Ltd, etc.) — for ODI compliance
- Education abroad (tuition > ₹5L)
- Medical abroad (treatment > ₹5L)
- Gifts to relatives abroad (> ₹5L)
- Maintenance of close relatives abroad (> ₹5L)
- Business expenses (travel, marketing, supplier payment) > ₹5L
- Emigration / PR remittance (> ₹5L)
- Donations to foreign charities (> ₹5L)
Form 15CB + 15CA — Required Documents
- Form 15CB: CA certificate (mandatory for remittance > ₹5L). CA verifies the nature of remittance, applicable DTAA, tax liability.
- Form 15CA: Self-declaration by the remitter (filed online on the IT portal). 4 parts: A, B, C, D. Most remittances use Part A (for remittance < ₹5L is not required) or Part C (for remittance > ₹5L where 15CB is obtained).
Net Worth Certificate in 15CB / 15CA Process
The Net Worth Certificate is not directly part of 15CB / 15CA, but it is a key supporting document that the bank + RBI may ask for, especially for:
- Large remittances (> ₹25L per FY)
- Property purchase abroad (to verify the source of funds)
- Foreign investment (for ODI compliance)
- First-time remittance (to establish the customer's profile)
- Emigration / PR (to verify the remitter's financial standing)
Documents Required
- PAN + Aadhaar of the remitter
- Passport + visa (for NRI / OCI / PIO)
- Bank statements (last 6-12 months)
- IT returns (last 3 years)
- Form 26AS / AIS
- Demat + mutual fund statement
- Property documents + valuation (for property remittance)
- Foreign property sale deed (for sale of foreign property)
- Foreign education invoice + admission letter (for education remittance)
- Foreign hospital invoice (for medical remittance)
- Existing 15CB + 15CA (if any)
- TRC (Tax Residency Certificate) for DTAA relief
Cost
| Service | Cost |
|---|---|
| Net Worth Certificate (LRS remittance) | ₹3,999 - ₹5,999 |
| Net Worth Certificate (foreign property purchase) | ₹4,999 - ₹7,999 |
| Net Worth Certificate (foreign investment ODI) | ₹5,999 - ₹9,999 |
| Net Worth Certificate (emigration / PR) | ₹4,999 - ₹6,999 |
| Form 15CB (separate) | ₹1,500 - ₹3,000 per remittance |
| Form 15CA filing (separate) | ₹500 - ₹1,000 per remittance |
| Net Worth Certificate + 15CB + 15CA (bundle) | ₹6,999 - ₹9,999 |
Frequently Asked Questions
Q: Is a Net Worth Certificate required for every foreign remittance?
A: Not for every remittance. For remittance > ₹5L, Form 15CB is required. Net Worth Certificate is a supporting document that the bank may ask for, especially for large or first-time remittances.
Q: What is the LRS limit for Indian residents?
A: USD 250,000 per FY (1 April to 31 March) per individual resident Indian. Includes all remittances (education, medical, gifts, investment, property, etc.).
Q: Is a Net Worth Certificate required for property purchase abroad?
A: Yes, typically. The bank + RBI wants to verify the source of funds and ensure the remittance is within the LRS limit. The certificate should include the property value + source of funds (savings, FDs, sale of Indian property, etc.).