When
you are applying for a home loan, there is a stipulated list of home loan apply
documents, which every individual need to provide to their respective banks or
lending institutions. Once these documents are kept handy, your home loan
process happens very smoothly, and quickly too! However, the list of documents
required for housing
loan differs from people to people and is different for salaried
individuals and self-employed individuals as well. So, be particular about the
list of documents you are compiling, before applying for the loan.
You need to submit your Income Tax Returns for
the last two financial years, Balance sheet and Profit & Loss Account with
the annexures, and last six months current account statement for the business
entity and savings account statement for the home loan
applicant. All of these documents are mandatory in the home loan documents list.
For home loan apply documents, you will also
need to submit documents related to the running loans (if applicable) with the six
months repayment bank statements.
Once all list of documents required for
home loan is ready, you can immediately fill the online loan application or
form with the bank you’re applying, and your process will start in no time.
Experience seamless banking and speedy disbursal of the loan amount with
digital banking and get ready to buy your dream home today.
If you are a self-employed individual,
the following are the documents required for home loan:
Address proof for business entities
You can produce your Shop &
Establishment Certificate, Trade License Certificate, SSI Registration
Certificate, SEBI Registration Certificate, Partnership deed, Pan Card/Sales
Tax/VAT registration, and many more documents, as proof of address. However,
you only need to submit anyone from this list.
Proof of income of the home loan
applicant
Other documents
You will also have to submit documents
related to running loans that you have, along with the repayment bank statement
of six months, the latest list of Share Holding Pattern CA/CS certified, MOA
for private limited companies, and Partnership deed if you are running a
partnership firm.
Property documents
You need to produce the copy of the agreement
to sell if you intend to sell the property, copy of complete chain documents of
the property, copy of allotment letter or buyer agreement, and copy of the receipt
of payment that you have made to the developer.
If you are a salaried individual, then you
need to produce the following proof of income documents:
Proof of income
For proof of income, you need to submit
your last two months salary slip, last six months bank statement of your salary
account and the latest Form 16 or ITR.
Other documents
Property documents
You need to produce the copy of the agreement
to sell if you intend to sell the property, copy of complete chain documents of
the property, copy of allotment letter or buyer agreement, and copy of the receipt
of payment that you have made to the developer.
