This topic describes the section where you can provide details pertaining to guardian’s income, expenses, assets, and liabilities.

In this section, you can provide details pertaining to the guardian’s income, expenses, assets and liabilities. If the guardian does not have any assets or liabilities or does not want to furnish that information as part of this application, you can select the options provided against each card to skip providing that specific information.

This step will be part of the application if you have stated that you are not employed currently by having selected the option No, I am not under the field Are you currently employed? on the kickoff page.

Figure 1-24 Guardian’s Finances – Income & Expenses

Description of "Figure 1-24 Guardian’s Finances – Income & Expenses"

For more information on fields, refer to the field description table.

1. Under Income & Expenses section, enterd the required details.
   1. Click on Upload documents to prefill this section option to upload the supporting documents to prefill the section.
   2. From the Income Mode list, select the income mode to specify the amount earned on a monthly basis.
   3. In the Income Amount field, enter the amount of income earned on a monthly basis against the selected income mode.
   4. Click on the Add another Income Source link to add another income record.
   5. From the Expense Type list, select the expense type mode to specify the amount spend on a monthly basis.
   6. In the Expense Amount field, enter the amount of expenditure incurred on a monthly basis against the type selected.
   7. Click on the Add another Expense link to add another expense record.
2. Under Asset & Liabilities section, enterd the required details.

   Figure 1-25 Guardian’s Finances – Asset & Liabilities

   
   

   
   Description of "Figure 1-25 Guardian’s Finances – Asset & Liabilities"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-22 Guardian’s Finances – Asset & Liabilities - Field Description

   Field Name	Description
   Do you want to add your asset information?	Specify whether asset information is to be provided or not. The options are: Yes No
   Asset Type	Specify the type of asset you wish to add.
   Asset Value	The current value of the asset
   Add another Asset	The option to add another asset record.
   Liabilities
   Do you want to add your liability information?	Specify whether information about the guardian’s liabilities is to be specified or not. The options are: Yes No If the option Yes is selected, the fields by way of which you can specify liability information will appear as follows.
   Liability Type	Specify the type of liability you wish to define.
   Liability Value	The value of the liability selected.
   Add another Liability	The option to add another liability record.

   1. Click the Upload documents to prefill this section option to upload supporting documents to prefill the section.
   2. In the Do you want to add asset information? field:
      Perform one of the following actions:

      • If you select option Yes:
        1. From the Asset Type list, select the type of asset you wish to add.
        2. In the Asset Value field, enter the value of the selected asset.
        3. Click on the Add another Asset link to add another asset record.
      • Select option No, if you do not wish to add asset information.
   3. In the Do you want to add liability information? field:
      Perform one of the following actions:

      • If you select option Yes:
        1. From the Liability Type list, select the type of liability you wish to define.
        2. In the Liability Value field, enter the value of the selected liability.
        3. Click on the Add another Liability link to add another liability record.
      • Select option No if you do not wish to add liability information.
3. Perform one of the following actions:
   • Click Continue to proceed to the next step in the application, once you have furnished all your financial information in the various sections.
   • Click Back to navigate back to the previous step in the application.
   • Click on the Scan QR-code anytime to continue on mobile link to continue the application on mobile or tablet device.
   • Under the kebab menu, perform one of the following actions:
     • Click the Save and Continue Later option to save the application.
     • Click the Continue on Mobile option to continue the application on a mobile device.