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New Delhi - Obtain a Solvency Certificate


Procedure

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Applicant shall apply for solvency certificate through the respective state Revenue Department.
Through CSC

  1. Use the following link to find the centre. Link: link
  2. Please go the respective office.
  3. Application can be obtained from the authorities.
  4. Link to download application form : Link
  5. Submit the completed application along with required documents to the operator in the centre.
  6. Operator will check the details and start to process online using the computer.
  7. Applicant will get the transaction ID for the application made. Please keep it safe for future reference.
  8. This application will be processed by the respective department as per how it will be processed in person.
  9. Applicant will get notification about the status on his registered mobile number provided while applying. Applicant shall get the certificate as notified.



Apply Online - New Delhi Obtain a Solvency Certificate Online with Images

  1. Use the following link to reach online portal. Link: link
  2. In the given page, please select “new user” option to reach a new page. Follow page prompts to register.
  3. Now one can use the registered users login option in the home page to reach the login page.
  4. Login using the credentials.
  5. Once login, user can select “apply”button against “issuance of Solvency certificate” to reach next page.
  6. Fill out the online application form with required details.
  7. Upload the scanned copies of the relevant documents.
  8. Complete payment gateway as required.
  9. User gets acknowledgement for the application made online.
  10. Please keep it safe.
  11. This application will be processed by the respective department as per how it will be processed in person.
  12. Applicant will get notification about the status on his registered mobile number provided while applying. Applicant shall get the certificate as notified.


Note:
  • Applicant has to bring original documents for verification and scanning if required.
  • Without cross signature on photograph and signature on undertaking the application will be rejected
  • Based on value for which the solvency certificate is applied, application will be sent for approval with respective Sub Division Office /Deputy collector/Deputy commissioner/District Collector.




Required Documents

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  • Application form.
  • Proof of address
  • Proof of Identity
  • Proof of Date of birth
  • Solvency proof of the applicant
  • Bank statement (savings/current) from the branch letter head
  • Property document
  • Residence certificate
  • Income tax returns
  • Recent Form F /Land Revenue Receipt
  • Audited financial statements (companies/partnership firms)
  • Any other investment certificate
  • Encumbrance certificate on the property in original obtained from the Sub-Registrar’s office for 13 years.
  • Latest Guideline value statement (to determine the value of the land)
  • Liability amount certificate
  • Mortgage certificate
  • Property Tax receipt or Land Revenue Receipt
  • Chitta or Patta
  • Building value
  • Lease agreement
  • Affidavit to prove the facts of the application are correct.
  • Self-declaration of applicant
  • Passport size photographs
  • Ration card
  • Aadhaar Card


Note:
  • All original and copy of original with self attestation as advised by respective authorities to be submitted as per requirement.
  • Apart from the above documents authorities may ask to submit additional information or documents. Please provide them for processing.





Office Locations & Contacts

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Delhi Development Authority,
Barapullah Rd, beside SBI Bank,
Aviation Colony, INA Colony,
New Delhi, Delhi 110023
Phone: +91 011 2469 0431
Link for Contact: link



Eligibility

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  • Applicant must be a resident of the state
  • Citizen of India
  • Prospective Contractors and Their Guarantors (Central, State Government or Local Bodies)
  • Individuals from whom a solvency certificate is required under the rules of any department (Central or State Government).



Fees

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  • Authorities will provide fee details.
  • During online payment fee details will be displayed (If applicable)



Validity

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  • Valid for six months from the date of issue or as mentioned on the certificate.



Documents to Use

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Please attach documents that can be used by people. e.g. links




Sample Documents

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Please attach sample completed documents which would help other people who would like to follow this procedure.



Processing Time

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  • Usually 15 days (this certificate can be obtained in less than the mentioned days in requirement of any urgency).



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Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".




Instructions

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  • Solvency certificate should not be issued on the basis of assets which cannot be attached / sold.
  • If the application is rejected, the reasons for rejection will be specified to the applicant.



Required Information

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  • Name of applicant
  • Name of father
  • Address




Need for the Document

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  • A solvency certificate is a proof for the financial credibility of the person for whom the certificate is issued.
  • Solvency certificate is necessary for getting contracts and for participating in an auction or tenders.
  • Various Government and semi-Government offices require solvency certificate as a document of surety.



Information which might help

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  • Never furnish fraudulent certificate of details for obtaining this certificate. This will lead to punishment.
  • Always check your name spelling while applying.



Other uses of the Document/Certificate

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Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.




External Links

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Place some external links which might help.



Others

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More information which might help people.




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