What is a Net-Worth Certificate?

Created by Faraz Ansari, Modified on Mon, 5 Aug at 11:55 AM by Faraz Ansari

The Net-Worth certificate is a document that is compiled and certified, usually by a Chartered Accountant, post taking into consideration all the assets and liabilities of an individual.

 

As per RBI Guidelines for P2P Investments, submitting a Net-Worth Certificate is mandatory if your investments reach the cap of 10 Lakhs.

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