Home Loans help to fullfil all housing finance related needs. But to do so, they need certain documents to be sure of the borrower. Also, home loans are secured loans. As such, the lenders need to have the property documents before they approve the loan. Different lenders have their own specific requirements, criteria and documents required., We make sure that your documents get complete in a 1st meeting & your loan get sanction without any hurdle.
Here is a checklist of the documents required to apply for a home loan and related product.
- Complete Home Loan/PL/Loan against property Application Form with one passport size photograph.
- Photo Identity Proof: Passport / Driving License / Voter ID / PAN.
- Residence Address Proof: License / Registered Rent Agreement / Utility Bill.
- Residence Ownership Proof: Sale deed or rental agreement.
- Income Proof: salary slip, bank statement and Form 16.
- Job Continuity Proof: Appointment letter at employment and validation letter from HR.
- Bank Statement: Past 6 months’ document.
- Property Documents: Sale deed, Katha, transfer of ownership.
- Advance Processing Cheque: A cancelled cheque for validation of bank account.
Financial Documents:
- For Salaried Individual: 3 month salary slip, Form 16 and bank statement
- For Self-Employed Individual: IT returns for last 2 years along with computation of income tax for past 2 years certified by a Chartered accountant
- For Self-Employed Non- Professionals: IT returns for last 3 years along with computation of income tax for past 2 years certified by a Chartered accountant
