CORAA

Solvency Certificate Format — CA Issued Template (Word)

A CA-issued solvency certificate declaring that assets exceed liabilities by a stated margin — commonly required for bank guarantees, customs bonds, court sureties, and tender EMD exemptions.

Free · CORAA original — SA-aligned
Updated 27 Jul 2026
Type
Certificate (not an audit opinion)
Common use
Bank guarantee margin / customs bond / court surety / tender EMD exemption
Basis
Books, IT records, bank statements, valuations
UDIN
Required on every CA certificate
Share this template
Your firm — letterhead
Appears at the top of the document as the audit firm letterhead.
Used as the letterhead block.
Engagement details
The client and period this document is for.
Assets
Leave any line blank if it doesn't apply — the total only adds up what's filled in.
At cost or latest valuation
Liabilities
Same here — blank lines are skipped, not treated as zero-with-a-warning.
What’s inside

An excerpt from the template.

SOLVENCY CERTIFICATE

This is to certify that, based on the assets and liabilities statement below, the solvency of:

as at ___ is as set out below, based on books of account, income-tax records, bank statements and other documents produced before us and the information and explanations given to us. The person / entity named above is solvent to the extent of the net worth stated below.

Statement of Assets and Liabilities as at ___

↑ Excerpt only — the full template is what you download as Word
About this template

What you’re downloading, and when to use it.

This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.

Everything is generated in your browser and on a stateless API endpoint — no account, nothing stored on our servers. We’ll ask for a work email once before your first download so we can send you the file and the occasional relevant update; after that, downloads on this device are instant. Edit freely in Word, Google Docs or Pages before sending to your client.

Common questions

FAQs.

How is a solvency certificate different from a net worth certificate?
The underlying computation is the same — total assets less total liabilities — but a solvency certificate is the format specifically requested by banks (for guarantee margin money), customs authorities (for bonds), courts (for sureties) and some tenders (for EMD exemption), where the requirement is to declare that the person is "solvent to the extent of" a stated amount, rather than simply state a net worth figure for general use.
Does the requesting authority ever specify a minimum solvency amount?
Yes — courts, customs authorities and banks often require solvency "to the extent of" a specific sum tied to the bond, guarantee or surety value. Confirm the required amount before issuing, since the certificate should make clear that the computed net worth meets or exceeds that specific threshold, not just state a net worth figure in isolation.
What supporting documents does the CA verify before issuing this certificate?
The same category of records used for a net worth certificate — bank statements, income-tax returns, property valuation reports, investment/demat statements, and loan account statements for liabilities — verified to the extent considered necessary for the stated purpose. It remains a limited-assurance attestation, not an audit.
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