Net Worth Calculator
Builds an itemised asset-liability schedule that mimics a CA Net Worth Certificate. Includes vehicle auto-depreciation, joint-property share, 5-currency FX conversion, and the 5 critical adjustments most people miss.
Statement of Net Worth
| Asset Category | Amount (₹) |
|---|---|
| Total Assets (A) | — |
| Liability Category | Amount (₹) |
|---|---|
| Total Liabilities (B) | — |
| NET WORTH (A − B) | — |
⚠ 5 Critical Adjustments You Must Apply Before Submitting
- Joint property share. Only include your ownership percentage from the registered sale deed. Husband-wife joint ownership typically means 50% each — not 100% in each spouse's statement.
- Vehicle depreciation. Cars must be at written-down value, not purchase price. Apply 10% Year 1, 20% Year 2, 35% Year 3, 45% Year 4, 55% Year 5+ depreciation. Or use the IDV from your latest motor insurance policy.
- FD accrued interest. Interest accrued from the last interest credit date to today must be added to the FD face value. For a ₹5 lakh FD at 7% from past 4 months, add roughly ₹11,667 of accrued interest.
- Insurance surrender value, not premiums. Life insurance must be at the policy's current surrender value (obtain from insurer's customer service). Cumulative premiums paid is the wrong number.
- Mutual fund NAV. Use the latest published NAV from the AMC, not the original invested amount. Get this from your Consolidated Account Statement (CAS) — free monthly download from CAMS / KFintech.
How to Use the Net Worth Calculator
- Enter assets at current market value. Not the historical cost — what would you receive if you liquidated today. For mutual funds, use latest NAV from your Consolidated Account Statement.
- Apply joint-property share for real estate. Enter the full property market value, then set your ownership percentage (50% for typical spouse joint, 33% for three-way, etc.). The calculator applies the share automatically.
- Use the vehicle auto-depreciation. Enter the original purchase price and the age in years. The calculator applies the standard 10/20/35/45/55% depreciation schedule used by Indian CAs.
- Insurance at surrender value. Call your insurer customer service or check the insurer's app for surrender value. Premiums paid is NOT the right figure.
- Enter liabilities at outstanding balance. Loan account statements show this. Credit card outstanding (not credit limit).
- Pick foreign currency for visa context. US/UK/Canada/Australia/Schengen embassies usually want a USD/GBP equivalent. Override the FX rate field with the actual SBI TT rate on your certificate date.
- Click Compute. You get the certificate-style preview with assets, liabilities, and net worth in INR + your chosen currency. Print or save for your records.
The 5 Critical Adjustments — Detailed Explainer
These are the five adjustments that distinguish a defensible Net Worth Certificate from a naive estimate. Visa officers and bankers are trained to spot these and routinely query certificates that miss them.
1. Joint Property Share
The single most common mistake. If a property worth ₹1 crore is owned 50/50 with your spouse, only ₹50 lakh counts in your statement. If you and your spouse both file Net Worth statements (e.g., both applying for visas), each statement shows ₹50 lakh — never double-count.
- Check the registered sale deed for the actual ownership ratio
- Some properties may be in the name of one spouse only — verify before assuming 50/50
- Ancestral property: each legal heir's share per Hindu Succession Act
- HUF property: all co-parceners share equally unless documented otherwise
2. Vehicle Depreciation
Cars and motorcycles depreciate sharply in the first 3 years. Use this standard schedule:
| Vehicle Age | Value as % of cost | Depreciation % |
|---|---|---|
| 0–1 year | 90% | 10% |
| 1–2 years | 80% | 20% |
| 2–3 years | 65% | 35% |
| 3–4 years | 55% | 45% |
| 4–5 years | 45% | 55% |
| 5+ years | 45% (floor) | 55% |
Alternative: use the Insured Declared Value (IDV) from your latest motor insurance policy. The IDV is the insurer's computed market value — already depreciated and defensible.
3. Fixed Deposit Accrued Interest
FDs earn interest continuously but credit only at maturity or quarterly intervals. Between two credit dates, interest accrues but doesn't appear in your bank balance. For Net Worth purposes, this accrued interest must be added.
Formula: Accrued Interest = FD Principal × Annual Rate × (Days since last credit ÷ 365). For a ₹5 lakh FD at 7% with last interest credit 120 days ago: ₹5,00,000 × 7% × 120/365 = ₹11,507 to be added.
4. Insurance Surrender Value (not premiums)
Cumulative premiums paid is not the asset value of a life insurance policy. The correct figure is the surrender value — what the insurer would pay you today if you cancelled the policy. Term insurance has zero surrender value (it's pure protection, no investment). ULIPs have surrender value approximately equal to the fund value minus exit penalties. Endowment policies have surrender value based on a formula prescribed by IRDAI.
Get the surrender value from: insurer's customer portal, customer service helpline, or annual policy statement. For visa-grade documentation, request a written surrender value letter from the insurer dated within 30 days of the certificate.
5. Mutual Fund NAV
For mutual funds, the correct asset value is units × current NAV — not the amount you invested. NAV moves daily; use the latest published NAV from the AMC website or your Consolidated Account Statement.
Get this from: CAMS / KFintech monthly CAS (free email service; subscribe at camsonline.com or kfintech.com). The CAS shows latest NAV-based valuation for every fund holding across AMCs.
Why this matters. Embassies scrutinise Net Worth Certificates closely. A statement that shows real estate at full value (when jointly owned) or cars at purchase price is a red flag and can lead to visa rejection. A CA-issued certificate applies all 5 adjustments correctly — that's why CA certification matters beyond just the signature.
What a CA Net Worth Certificate Looks Like
A CA-issued Net Worth Certificate follows a standardised format prescribed by ICAI:
Mandatory Components
- CA firm letterhead — name, address, firm registration number (FRN)
- Certificate title — "Net Worth Certificate" or "Statement of Net Worth"
- Applicant details — full name, PAN, address as per Aadhaar
- "As on" date — the certificate date
- Asset schedule — itemised by category with values
- Liability schedule — itemised by category
- Net Worth statement — Assets minus Liabilities
- Currency conversion — INR equivalent in foreign currency (optional, depending on use)
- CA signature with name, membership number, designation
- UDIN (Unique Document Identification Number) — printed on certificate; verifiable at udin.icai.org
- Date and place of issue
What the Embassy Looks For
- UDIN must be present and verifiable online
- Certificate must be dated within 3 months of visa application submission
- CA's ICAI membership number must be valid (verified at icai.org)
- Schedule of assets and liabilities must be itemised, not lumped together
- Joint property share must be explicit (footnote)
- Foreign currency conversion rate and source must be disclosed
Need a UDIN-Verified CA Net Worth Certificate?
Patron Accounting issues UDIN-verified Net Worth Certificates accepted by US Consulate, UK VFS, Canada CHC, Australia VFS, Schengen consulates, and Indian banks. 2-5 day turnaround, fixed fee ₹3,500 to ₹7,500. Pune, Mumbai, Delhi, Gurugram and pan-India digital delivery.
Common Visa Use Cases for Net Worth Certificate
| Visa Type | Typical Net Worth Threshold | Validity Required |
|---|---|---|
| US B1/B2 (visitor) | No minimum, but ₹15-25 L+ preferred | 3 months |
| US F1 (student) | ~₹40-60 L (covers 1-2 yr tuition) | 3 months |
| UK Standard Visitor | No minimum, but ₹10-20 L+ preferred | 3 months |
| UK Tier 4 (student) | ~₹30-50 L (covers tuition + living) | 3 months |
| Canada Visitor / Study | No minimum, but GIC ₹13 L + total ~₹30 L+ preferred | 3 months |
| Australia Tourist / Student | ~AUD 75K liquid for student; ~₹15 L+ for visitor | 3 months |
| Schengen Visa | ~€100/day × travel days + ₹5-10 L liquid | 3 months |
| NRI Account / Foreign Bank | Varies by bank, often ₹25 L+ | 30 days |
| Indian Business Loan | Bank-specific; usually 1.5× loan amount | 3-6 months |
Specialised Net Worth Certificates Patron Issues
Foreign Currency Conversion Rates (Reference 2026)
For visa applications, use the State Bank of India TT Buying or Selling reference rate as on the certificate date. The calculator defaults to indicative 2026 rates — override the FX Rate input with the exact SBI rate on your certificate date.
| Currency | Indicative ₹ Rate (2026) | SBI Reference |
|---|---|---|
| US Dollar (USD) | ₹85 | SBI TT Buying / Selling |
| British Pound (GBP) | ₹105 | SBI TT Buying / Selling |
| Euro (EUR) | ₹92 | SBI TT Buying / Selling |
| Canadian Dollar (CAD) | ₹62 | SBI TT Buying / Selling |
| Australian Dollar (AUD) | ₹56 | SBI TT Buying / Selling |
| Singapore Dollar (SGD) | ₹63 | SBI TT Buying / Selling |
| UAE Dirham (AED) | ₹23.15 | SBI TT Buying / Selling |
Always disclose the conversion rate as a footnote on the certificate, with the source (SBI TT, RBI reference rate, etc.) and date. Embassies cross-verify the rate. Using outdated or inflated rates is a common rejection cause.
Documents Required for CA Net Worth Certificate
Patron Accounting collects the following documents (digital scans acceptable) before issuing a UDIN-verified certificate:
Identity & Address
- PAN card
- Aadhaar card (front + back)
- Latest address proof (utility bill, voter ID, passport)
Bank Accounts
- Latest 3-6 months bank statements (savings + current accounts)
- Fixed deposit certificates with accrued interest details
Investments
- Mutual fund Consolidated Account Statement (CAS) — latest month
- Demat account holding statement (latest)
- Insurance policy surrender value letters (within 30 days)
- PPF / EPF / NPS latest balance statements
Real Estate
- Registered sale deed (for ownership share verification)
- Latest property valuation report from registered valuer (high-value properties)
- Loan account statement showing outstanding balance (for mortgaged properties)
Vehicles, Gold & Other
- Vehicle Registration Certificates (RC books)
- Motor insurance policy showing IDV
- Gold valuation certificate from registered valuer (for high gold holdings)
- Sovereign Gold Bond (SGB) statements
Income Tax Records
- Last 2 years ITR-V acknowledgements
- Form 26AS / Annual Information Statement (AIS)
- Form 16 (salaried) or P&L + Balance Sheet (business owners)
CA Tip: Submit complete documentation upfront. Incomplete documents cause back-and-forth that delays the 2-5 day turnaround. Patron provides a digital intake checklist after the scoping call; once all documents are received the certificate is typically ready within 48 hours.