Dear Seniors,
Help me understanding the below points :
Personal Net Worth Statement: Page 2
[1] Current & Savings Account: [2] Fixed Deposits
I have a Saving account and a FDR which were combined to show as PoF during application : FDR had 3 months maturity period initially & since then it has been auto renewing after every three months. So, what to write in "Maturity Date column". Next Maturity date ?
[3] Property : Page 2
On the 1st page, Personal Net Worth Statement, 5th Para, it is clearly written "Do not submit property deeds and valuations"
So, how to deal with this table, my self declaration of Market value of Land is enough? Pls confirm !
* "This table also says, Current Property evaluations must be provided at interview".......but my interview has already been waived.
[4] Stocks, Shares, Bonds and Trading commodities:
* What about Gold/ornaments of my wife (Trading commodity)? Can I show it as my PNWS?
* Is this PNWS meant for assessing Principal Applicants total assets & liabilities only? Seems yes, if I read 1st page & 1st para of PNWS.
* or, is it meant for Principal Applicant's as well as his spouse's PNWS? seems No.
If PNWS is only meant for Principal Applicant, then I should not show any current assets (cash) & Fixed assets (land, property & jewelery) of my wife.
Another Question:
Is it better to show more Current Assets & Fixed Assets or something close to initially declared amount during application?