Documents required for home loan are more or less similar for all types of Home Loans, Loan Against Property and Business Loans. They vary as per borrower profile as follows:
Salaried Customers
Personal Documents
Application form with Processing Fees Cheque
Passport-size photo of each applicant
PAN Card copy of each applicant
Residence Address proof
Income Documents
Salary-slip for last 3 months
Form-16 copy for last 3 years
Income tax returns for last 3 years, if available
Appointment letters for last 3 years, if Form No.16 / ITRs are not available
Bank Statements
Last 6 months bank statements of saving bank A/c
Detail of current Loans with supporting documents and 6 months bank statement showing EMI repayments
Property Documents, if identified
Photocopy of all property documents & Approved Sanction Plan, if applicable
Additional Documents in Balance Transfer Cases
Copy of Sanction letter of earlier bank
Full Repayment Track Record of earlier bank
Principal outstanding letter
List of Original Property Documents acknowledgement with earlier bank
Self Employed Professionals (Eg. CAs, Doctors, Lawyers, Architects etc.)
Personal Documents
Application form with Processing Fees Cheque
Passport-size photo of each applicant
PAN Card copy of each applicant
Residence Address proof
Office Address Proof
Partnership Deed / MOA of Company, if applicable
List of Directors – certified by CA, in case of Company
Shareholding pattern – certified by CA, in case of Company
Brief Business profile
Qualification Proof
Income Documents
Last 3 years Income Tax returns (self and business) with Computation of Total income.
Last 3 years P&L A/c, Balance Sheet with detailed schedules – certified by CA
Last 3 years Audit Report, Form 3CD, if applicable
Copy of TDS certificates / VAT Returns / Service Tax returns, if applicable
Bank Statements
Last 6 months bank statements of Current A/c and Savings A/c
Detail of current Loans with supporting documents and 6 months bank statement showing EMI repayments
Copy of Bank CC/OD limits sanction letter, if applicable
Property Documents, if identified
Photocopy of all property documents & Approved Sanction Plan, if applicable
Additional Documents in Balance Transfer Cases
Copy of Sanction letter of earlier bank
Full Repayment Track Record of earlier bank
Principal outstanding letter
List of Original Property Documents acknowledgement with earlier bank
Self Employed Non-Professionals (Businessmen)
Personal Documents
Application form with Processing Fees Cheque
Passport-size photo of each applicant
PAN Card copy of each applicant
Residence Address proof
Office Address Proof
Partnership Deed / MOA of Company, if applicable
List of Directors – certified by CA, in case of Company
Shareholding pattern – certified by CA, in case of Company
Brief Business profile
Income Documents
Last 3 years Income Tax returns (self and business) with Computation of Total income.
Last 3 years P&L A/c, Balance Sheet with detailed schedules – certified by CA
Last 3 years Audit Report, Form 3CD, if applicable
Copy of TDS certificates / VAT Returns / Service Tax returns, if applicable
Bank Statements
Last 6 months bank statements of Current A/c and Savings A/c
Detail of current Loans with supporting documents and 6 months bank statement showing EMI repayments
Copy of Bank CC/OD limits sanction letter, if applicable
Property Documents, if identified
Photocopy of all property documents & Approved Sanction Plan, if applicable
Additional Documents in Balance Transfer Cases
Copy of Sanction letter of earlier bank
Full Repayment Track Record of earlier bank
Principal outstanding letter
List of Original Property Documents acknowledgement with earlier bank
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