Net Worth Certificate Format, Sample, Template (2026)
Net Worth certificate format, sample, template, letterhead, UDIN. Free downloadable template + CA-signed sample. ICAI-compliant format.
A Net Worth Certificate must follow a specific format to be accepted by banks, embassies, and government bodies. In this guide, we provide the ICAI-compliant format, a sample template, and the structure you can use as a reference. We also share a free downloadable template.
Standard Format of a Net Worth Certificate
The format prescribed by ICAI is as follows:
1. CA Letterhead
The certificate must be on the CA's letterhead with: CA firm name, ICAI firm registration number, address, phone, email, website (optional).
2. Date + Place
Date and place of issue (top right corner).
3. Reference Number
CA's internal reference number for tracking.
4. To Whom Addressed
To the recipient (bank manager, embassy officer, tender authority, etc.).
5. Subject Line
"Net Worth Certificate of Mr. / Ms. / M/s. [Name]" or "Net Worth Certificate as on [Date]".
6. Reference Date
The date as on which the net worth is computed (e.g., "as on 31 March 2025" or "as on 15 June 2026").
7. Name + PAN + Address of the Individual / Entity
Full name, PAN (mandatory), Aadhaar (optional), complete address, contact details.
8. Statement of Assets
Detailed table with: type of asset, location / institution, value as on reference date, supporting document reference. Categories:
- Immovable property (residential, commercial, land, agricultural)
- Bank balance (savings, current, FDs, RDs, NRE, NRO, FCNR)
- Mutual funds (equity, debt, hybrid, ELSS, NPS)
- Stocks (listed shares, unlisted shares)
- Bonds + debentures + government securities
- Insurance policies (life + general) — surrender value
- Jewellery + gold + silver + diamonds
- Vehicles (car, two-wheeler, commercial)
- Business interests (partnership capital, shareholding, LLP, proprietorship)
- Loans given (to friends, family, companies — with documentation)
- Receivables (money owed to you)
- Intellectual property (trademarks, copyrights, patents)
- Cryptocurrency (if any)
- Other assets
9. Total Assets
Sum of all asset values (in INR).
10. Statement of Liabilities
Detailed table with: type of liability, lender / institution, outstanding amount as on reference date. Categories:
- Home loan (with outstanding principal + EMI pending)
- Personal loan
- Car loan
- Business loan
- Education loan
- Credit card outstanding
- Loans from friends / family (with documentation)
- Payables to vendors / suppliers
- Statutory dues (TDS, GST, advance tax — if pending)
- Other liabilities
11. Total Liabilities
Sum of all outstanding liability values (in INR).
12. Net Worth Computation
Net Worth = Total Assets − Total Liabilities. Stated in figures + words (e.g., "Rupees One Crore Fifty-Eight Lakhs Only").
13. Notes + Assumptions
Notes: market value of property is based on ready-reckoner rate + market intelligence; values are as per the documents provided; net worth is computed on the reference date only.
14. CA Signature + Seal
Signed by the practicing CA + ICAI firm seal + UDIN + membership number + date + place.
Sample Template
Below is a sample template (fill in the blanks):
ABC & Associates
Chartered Accountants 123, ABC Tower, MG Road, Mumbai - 400001 ICAI Firm Reg. No.: 123456W Phone: +91 12345 67890 | Email: ca@abcassociates.com
Date: 15 June 2026 Ref: ABC/2026-27/001
To, The Branch Manager, [Bank Name] [Branch Address]
Subject: Net Worth Certificate of Mr. Rajesh Kumar
Sir / Madam, This is to certify that we have verified the books of accounts, bank statements, property documents, and other supporting documents of Mr. Rajesh Kumar (PAN: ABCDE1234F, Aadhaar: 1234-5678-9012, Address: 123, ABC Apartments, Mumbai - 400001) and the net worth of the said individual as on 31 March 2026 is as under:
Statement of Assets as on 31 March 2026:
| Sr. No. | Asset | Value (₹) |
|---|---|---|
| 1 | Residential flat at Andheri West, Mumbai (market value) | 1,50,00,000 |
| 2 | Savings account with HDFC Bank (A/c XXXXXX1234) | 5,00,000 |
| 3 | Fixed deposit with SBI (FD XXXXXX5678) | 10,00,000 |
| 4 | Mutual fund portfolio (Folios: 1234, 5678) | 20,00,000 |
| 5 | Demat account (Stocks: 1000 shares of XYZ Ltd) | 15,00,000 |
| 6 | Car - Honda City (Market value) | 8,00,000 |
| 7 | Jewellery (10 grams gold + 50 grams silver) | 5,00,000 |
| 8 | Life insurance (LIC policy surrender value) | 2,00,000 |
| Total Assets | 2,15,00,000 |
Statement of Liabilities as on 31 March 2026:
| Sr. No. | Liability | Value (₹) |
|---|---|---|
| 1 | Home loan (HDFC Bank, outstanding principal) | 50,00,000 |
| 2 | Personal loan (ICICI Bank, outstanding) | 3,00,000 |
| 3 | Car loan (HDFC Bank, outstanding) | 2,00,000 |
| Total Liabilities | 55,00,000 |
Computation of Net Worth: Total Assets: ₹2,15,00,000 Total Liabilities: ₹55,00,000 Net Worth: ₹1,60,00,000 (Rupees One Crore Sixty Lakhs Only)
Notes: 1. The market value of the residential flat is based on the ready-reckoner rate of Maharashtra + current market intelligence. 2. The mutual fund values are based on the Net Asset Value (NAV) as on 31 March 2026. 3. The Demat account values are based on the closing prices of 31 March 2026. 4. The above net worth is computed on the basis of the documents provided to us.
For ABC & Associates Chartered Accountants Firm Reg. No.: 123456W CA Name Partner Membership No.: 123456 UDIN: 25123456AAAA1234 Place: Mumbai Date: 15 June 2026
Free Downloadable Template
We offer a free downloadable Word + Excel template for Net Worth Certificate. Contact us to get the template + sample + checklist. Or use our online service to get a CA-signed certificate in 3-5 days.
Common Errors in Format
- No UDIN on the certificate (mandatory per ICAI)
- Book value used for property (banks / embassies want market value)
- Missing supporting document references (no bank statement references, no valuation report references)
- No date or place of issue
- Not signed by a practicing CA (ex-CA, retired CA, or non-CA signature)
- Wrong reference date (asking for "today's date" when the bank needs the FY-end date)
- Net worth in only figures, not words
- Notes + assumptions missing
Frequently Asked Questions
Q: Is the format prescribed by ICAI?
A: Yes. ICAI prescribes a standard format for Net Worth Certificate. The certificate must include: CA letterhead, UDIN, name + PAN of the individual, reference date, statement of assets + liabilities, computation of net worth, CA signature + seal.
Q: Can I prepare the certificate myself?
A: You can prepare the draft, but only a practicing CA can sign the certificate. Self-prepared certificates are not accepted by banks, embassies, or government bodies.
Q: Is the net worth in INR or foreign currency?
A: INR. If the recipient needs foreign currency (e.g., embassy), the net worth is mentioned in INR with a note "approximately USD X" at the prevailing exchange rate.
Q: What is UDIN and why is it important?
A: UDIN (Unique Document Identification Number) is a 15-digit code generated by ICAI for every document signed by a CA. It is verified on the ICAI UDIN portal (udin.icai.org). Banks, embassies, and government bodies check UDIN to ensure the certificate is genuine.