Documents Required For Home Loan

1. Address Proof - Document showing where you live (like utility bill or rent agreement).

1. Bank Statement/Passbook (last 6 months) - Shows your financial history.

1. Signature Verification - Bank confirms your signature.

1. Statement of Liabilities and Assets - Shows what you own and what you owe.

1. Property Documents - Details and proof of the property you want to buy.

1. Salary Certificate (original) - Required if you’re a salaried employee.

1. Form 16 or IT Returns (last 2 years) - For salaried people to prove income.

1. IT Returns/Assessment Orders (last 3 years) - For self-employed professionals.

1. Advance Tax Payment Challans - Proof of tax paid (self-employed professionals).

1. Business Address Proof - Required for self-employed individuals.

1. IT Returns/Assessment Orders (last 3 years) - For self-employed businessmen.

1. Advance Tax Payment Challans - Proof of tax paid (self-employed businessmen).

List of Documents Required for NRI Applicants

1. KYC Document - Any official ID to prove your identity.

1. Salary Certificate - From your employer, in English, showing name (as per passport), job title, passport number, joining date, and current salary.

1. Salary Slips (3-6 months) - Must show bonuses, incentives, overtime, etc.

1. Latest IT Returns - If you file taxes in the country you live in.

1. Business Proof (Self-Employed NRIs) - Like Trade License, Sponsor Agreement, Power of Attorney.

1. Passport Copy with Residence Visa Page - Proof of legal stay abroad.

1. Employment Proof - Work permit, labour contract, or any official employment document.

1. Property Documents - Plus cost estimate from an Indian architect or engineer.

1. Income Proof (If no salary credit proof) - For salaried NRIs, embassy-attested documents are needed.

1. Overseas Bank Statements (6 months) - To show income and transactions.

1. NRO/NRE Bank Statements (6 months) - Indian bank account statements.

1. Power of Attorney - If you’re not in India while signing documents, give legal power to someone who can sign for you.

List of KYC Documents for Home Loan Application

Some of the usual documents admitted as KYC are mentioned below:

1. Photo Id Proof (Any One Required):
   1. Passport
   2. PAN card
   3. Driving License
   4. Voters ID Card
2. Residence Proof (Any One Required):
   1. Electricity Bill
   2. Ration Card
   3. Telephone Bill
   4. Employment Letter
   5. Passbook or Bank Statement with address
3. Proof of Age:
   1. PAN card
   2. Passport
   3. Birth certificate
   4. Driving license
   5. Bank passbook
   6. Marksheet from 10th class

List of Documents Required for Loan Guarantor

1. Liabilities Statement and Personal Assets.
2. 2 photographs passport sized.
3. Identify proof.
4. Residence proof.
5. Proof of business address.
6. Signature identification from present bankers.

List of Property Documents Required for Home Loan

Before Loan Approval (Property Verification):

• Sale Deed / Sale Agreement / Share Certificate - Original copy (for cooperative societies).
• Tax Receipts & Possession Certificate - Proof of property tax payment and possession, plus a certified location sketch.
• Allotment Letter - From builder, housing board, or society.
• Advance Payment Receipts - Proof of money paid for the property.
• Non-Encumbrance Certificate (12-30 years) - Shows no legal dues on the property.
• Land Tax Receipt & Possession Certificate - From revenue authorities.
• Permission Letter - From local authority to proceed with construction or purchase.
• Approved Building Plan - With detailed floor plan for flats.
• No Objection Certificate (NOC) - From Urban Land Ceiling (ULC) authority.
• Land Conversion Order - If buying converted agricultural land.
• NOC from Builder or Housing Society - Confirms no objection to purchase.
• Construction Cost Estimate - Detailed, if building a home.
• Builder/Society Bank Details Letter - For EMI or installment payments.

Special Cases:

• Declaration to Build (Land Purchase) - Promise to construct a home within a specific time.
• Lawyer’s Property Report - Legal opinion in the standard format.
• Valuation Report - Certified market value report from an approved valuer.

After Loan Closure (Document Handover):

• Power of Attorney (POA) - To collect original property papers if borrower can't.
• In Case of Borrower’s Death:

1. Letter from legal heir/nominee requesting document handover.
2. Relinquishment letter from other heirs/nominees, giving up their claim.

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