SaiS said:Hi,
I am not sure if I can show house on my name as an Asset. Here is the POF that I would like to show -
Assets
I have a house on my name and I got property valuation done for both House + Land Value for 48 Lacs (18L+30L).
Liabilities:
Housing Loan of 7.5 Lacs with outstanding loan statement from the bank
Settlement Funds:
Provident Fund Statement+ Insurance certificates surrender Value+Cash = 10L +3L + 3L=16 Lacs
Please let me know if I can proceed with the above POF.
Regards
Rajesh
Yes, but your assets should also include the items you have listed under settlement funds.