Documents Required for Salaried and Self Employed Applicants:
1. Completed and signed home loan application form
2. Proof of Identity: (Any one of the below)
- PAN Card
- Passport
- Aadhaar Card
- Voter’s ID Card
- Driving License
3. Proof of Residence: (Any one of the below)
- Bank Passbook
- Voter’s ID
- Ration Card
- Passport
- Utility bills (Telephone Bill, Electricity Bill, Water Bill, Gas Bill)
- LIC Policy Receipt
- Letter from a recognized public authority verifying the customer’s address
4. Proof of Age: (Any one of the below)
- Aadhaar Card
- PAN Card
- Passport
- Birth Certificate
- 10th Class Marksheet
- Bank Passbook
- Driving License
5. Proof of Residence: (Any one of the below)
- Bank Passbook
- Voter’s ID
- Ration Card
- Passport
- Utility bills (Telephone Bill, Electricity Bill, Water Bill, Gas Bill)
- LIC Policy Receipt
- Letter from a recognized public authority verifying the customer’s address
6. Proof of Income for Salaried:
- Form 16
- Certified letter from Employer
- Payslip of last 3 months
- Increment or Promotion letter
- IT returns of past 3 years
7. Proof of Income for Self Employed:
- Income Tax Returns (ITR) of last 3 years
- Balance Sheet and Profit & Loss Account Statement of the Company/Firm (duly attested by a C.A.)
- Business License Details (or any other equivalent document)
- The license of Professional Practice (For Doctors, Consultants, etc.)
- Registration Certificate of Establishment (For Shops, Factories & Other Establishments)
Proof of Business Address
8. Property documents:
- Receipts of payments made to the developer (in case of a new house)
- Allotment Letter / Buyer Agreement
- Title Deeds including the chain of previous property documents (in case of house resale)
- A copy of the sale agreement (if already executed)
- Receipt of initial payment made to the house seller
- Title Deeds of the plot (in case of house construction)
- A detailed estimate of house construction by an Architect / Civil Engineer
- A copy of the plans, approved by the Local Authorities
- Proof of no encumbrances on the property
9. Other Documents:
- Passport size photographs of all the applicants / co-applicants (to be affixed on the application form and signed across)
- Proof of own contribution
- Last 6 months’ bank statements showing the repayment of ongoing loans (if any)
- The details of ongoing loans (such as the outstanding amount, monthly instalments, purpose, remaining loan tenure, etc.) in the name of an individual or business entity (if any)
- A cheque for processing fee favouring the home loan provider
10. For Salaried:
Employment Contract / Appointment Letter if the current employment is less than a year old
For Self Employed:
11. Business Profile
- Latest Form 26 AS
- A list of Directors and Shareholders with their individual shareholding certified by a CA / CS in
- case of the business entity being a company
- Partnership deed in case of the business entity being a partnership firm
- Memorandum and Articles of Association of the Company
12. List of Home Loan Documents Required for NRIs/PIOs Applicants
KYC Documents:
- Passport with VISA stamps / PIO Card
- Proof of Address mentioning the current overseas address
Proof of Income for Salaried:
- Work Permit
- Employment Contract / Appointment Letter / Offer Letter (Duly attested by employer/ consulate / foreign office / embassy in case it is in any other language)
- The labour card/ identity card (documents in language other than English must be translated in English and countersigned by the consulate)
- Last 3 months’ Salary Certificates/Slips (in English) specifying name, date of joining, designation and salary details for applicants working in the Middle East
- Last 6 months’ Bank Statements showing salary credits NRE / NRO account (if any)
- Credit Bureau Report (in case available in the country where you are residing)
- Duly acknowledged copy of last year ITR (except for NRIs/PIOs located in Middle East countries and employees in the Merchant Navy)
- A copy of Continuous Discharge Certificate (CDC) for applicants employed in the merchant navy
Form P60/P45 and latest employment contract (for salaried) - If any previous loan from other Banks/Lenders, then Loan A/C statement for the last 1 year
Proof of Income for Self Employed: - Business License / License of Professional Practice (for Doctors, Consultants, etc.)
Registration Certificate of Establishment (For Shops, Factories & Other Establishments)
Business’ proof of address - Proof of income in case of self-employed professionals/businessmen
- Last 3 years’ Balance Sheets and P&L Accounts audited or certified by a C.A.
- Last 3 years’ ITR (except for NRI/PIO located in Middle East countries)
- Last 6 months’ Bank Statement of overseas account in the name of individual and/or company/unit
- Property documents
- Original title deeds tracing the title of the property
- Encumbrance Certificate
- Agreement for sale/ sale deed/ detailed cost estimate from the Architect/ Engineer for property to be purchased/ constructed/ extended/ improved
- A copy of approved drawings of proposed construction/ purchase/ extension
- Receipts for payments made for buying the dwelling unit
- ULC clearance/ conversion order, etc.
- Receipts for investing the margin money through normal banking channels from the NRE /NRO account(s) in India
- Latest tax paid receipt
- Allotment letter from the co-operative society/ association of apartment owners
13. Documents Required for Home Loan Balance Transfer
- KYC Documents: Aadhaar Card, PAN card and Proof of Residence (Utility Bills, Ration Card, Passport, etc.)
- Proof of Income: Salary slips and Form 16 (for salaried), previous years’ ITR along with necessary financials (for salaried, self-employed and professionals) and last 6 months’ bank statements.
- Additional Documents: Latest principal outstanding letter, list of documents from existing financier and repayment track record.
