List of Documents required for Home Loan in India

Documentation
 

• PAN, If not available then Form 60 (mandatory document)

1. Photo identity proof (self-attested copy of any one document*)
 

• Valid Passport with expiry date, photograph and signature
• Voter’s Identity card issued by election commission of India
• Driving License issued by regional transport authority
• AADHAAR card issued by UIDAI
• Job Card issued by NREGA duly signed by an officer of the state government
• National Population Register containing details of name and address

2. Address Proof (self-attested copy of any one document* )
 

• Valid Passport with expiry date, photograph and signature
• Voter’s Identity card issued by election commission of India
• Driving License issued by regional transport authority
• AADHAAR card issued by UIDAI
• Job Card issued by NREGA duly signed by an officer of the state government
• National Population Register containing details of name and address

Income proof (self-attested copy of any one document*)

Salaried individual:
 

• Last three months’ salary slip/salary certificate
• Latest year’s ITR with income computation/Form 16. Note: If bonus is considered in eligibility, we will have to take last two years ITR/Form 16
• Last six month’s bank statement reflecting salary credits.
• Repayment track/bank statements proof of track with loan sanction letter/amortization schedule

Self-employed individual:
 

• Income tax return with income computation (as applicable)
• Balance sheets and P&L accounts with schedules (as applicable)
• GST return for the number of months not covered in the latest financial year
• Credit card statement for 6 months (required in case of banking surrogate)
• Copy of Contract Order and Form 16 A (applicable only if income is from contracts)
• Bank statements for the last 6 months - from business account of the firm/ company and savings
• Account of the individual borrower and co-borrowers, if income being considered.
• Repayment track/bank statements proof of track with loan sanction letter/amortization schedule.

Property proof (copy of Property document*)
 

• Photocopy of draft sale deed and chain title documents (if any) 
• Allotment/Possession letter
• No objection certificate from the society and other documents as per legal report

Business proof (self-attested copy of any one document*)
 

• Shop establishment certificate (first priority).
• Trade/professional license (sales tax number, importer's /exporter's code)
• GST return

Business address proof (self-attested copy of any one document*)
 

• Paid telephone bill (landline/postpaid mobile phone). Not older than 90 days from loan application
• Paid electricity bill. Not older than 90 days from loan application.
• Registered or notarized rent deed
• Property allotment letter from government/registered societies.
• Property papers-unregistered sale deed plus GPA
• Property registered deed
• Latest updated bank passbook/bank statements in borrower's name (subject to bank acct being 6 months and CPV confirms the same address)