Seniors thanks for sorting out my reference letter query...special thanks to ashif_eee +1 from me
I have one more question. Its about Assets, Liabilities and Settlement Funds.
Me and my husband own a house & a commercial property both are on loan. Do i mentioned the value of these two poperties as Assets? If i do, then my Asset - Liabity > Settlement fund but if i dont then there is a problem as my liability is way high.
Below mentioned are the figures:
Assets:
Home property value - 1,25,00,000 INR
Commercial Property - 40,00,000 INR
Car - 4,00,000 INR
Bank Balance - 1,00,000 INR
Fixed Deposits - 12,00,000 INR
Liabilities:
Home Loan - 16,00,000 INR
Commercial Loan - 24,00,000 INR
Car Loan - 1,60,000 INR
Settlement Funds:
Bank Balance - 1,00,000 INR
Fixed Deposits - 12,00,000 INR
Please help and also let me know what proof i need to show for value of property if needed.
Thanks