Documents Required for Home Loan

List of Documents Required for Home Loan

The documents required to apply for a home loan are based on the occupation of an applicant.

Nevertheless, the common home loan documents list needed to apply are –

1. Property Documents
• Sales deed, stamped agreement of sale, or allotment letter.
• NOC from the housing society or builder.
• Possession certificate and land tax receipt form the land/land revenue/revenue department.
• Detailed estimation of the construction cost.
• Bank account statement or payment receipt detailing payment made to the seller or builder.
• Occupancy certificate (for constructed apartments).
2. Identity Proof
• Aadhaar
• PAN
• Voter ID
• Passport
• Driving License
3. Address Proof
• Any of the above identity proof document with the permanent address
• Electricity bill
• Telephone bill
• Post-paid mobile bill
• Water tax
• Property tax receipt
4. Passport sized Photograph

Checklist of Documents to be Provided by Salaried Applicants?

1. Income proof
   
• Latest salary slips
• Form 16
2. Bank Account Statements
• Last 3 months

Checklist of Documents to be Provided by Self-Employed Applicants?

1. Proof of Business Existence
• PAN
• GST registration certificate
• Trade license
• Partnership deed
• Articles of Association/Memorandum of Association
• Import Export Code
• SEBI registration certificate
• ROC registration certificate
2. Financial Statements (Audited by a CA)
• Profit & Loss Account Statement
• Balance sheet
3. Bank account statement
• Last 6 months