Net Worth
Net worth is what you own minus what you owe. It is the first thing a credit officer reconstructs from your documents. Fill in your assets and liabilities to see where you stand and how leveraged you are.
Frequently asked questions
Why does a bank care about net worth?+
It shows your capacity to absorb shocks and the collateral you could offer. A strong net worth statement supports larger loans and better terms.
How should I value property?+
Use a realistic market value, not the government valuation. Banks apply their own valuation and lend against a share of it.
Should I include my gold?+
Yes. Gold and other valuables count as assets and are commonly pledged for short-term credit in Nepal.