Documents Required For Home Loan

Generally, the documents required to process a loan application are almost similar across all banks, however they may differ depending upon specific requirements and other factors.

The following documents are required by financial institutions to process a loan application:

• Proof of age
• Proof of address
• Proof of income of the applicant & co-applicant
• Bank statements of the last 6 months
• Passport size photographs of the applicant & co-applicant

• Salary slip / Form 16 A
• A photocopy of the first and last pages of Ration card or copy of PAN/Telephone/Electricity bills
• A photocopy of Investments (FD Certificates, Shares, any fixed assets, etc., or any other documents supporting the financial background of the borrower)
• A photocopy of Life Insurance Corporation policies with the latest premium payment receipts (if any)
• Photographs (as applicable)
• A photocopy of bank statements of the last six months

• A brief introduction of Business/Profession.
• Balance Sheet, Profit and Loss account and statement of income with Income Tax returns for the last 3 years certified by a CA.
• A photocopy of Advance Tax payments (if applicable).
• A photocopy of Registration Certificate of establishment under shops and Establishments Act/Factories Act.
• A photocopy of Registration Certificate for deduction of Profession Tax (if applicable).
• Bank statements of Current and Saving accounts for the last 6 months.
• A photocopy of Certificate of Practice(if applicable).
• A photocopy of any bank loan (if applicable).
• A photocopy of the first and last pages of the Ration card or a copy of PAN/Telephone/Electricity Bills.
• A photocopy of Life Insurance Corporation policy (if Required).

• Original copy of your agreement with the builder.
• 7/12 extract or property register card of the land under construction.
• Index II extract of your agreement with the builder.
• Copy of N.A. permission for the land from the collector.
• Search and title report (with the details of documents) for the last 30 years.
• Development agreement between the owner of land and the builder.
• Copy of order under the Urban Land Ceiling Act.
• Copy of building plans sanctioned by the competent authority.
• Commencement certificate granted by Corporation / Panchayet.
• Building completion certificate(if available).
• The latest receipts of taxes paid.
• Partnership deed or memorandum of association of the builders firm.

• Original share certificate of the society
• Allotment letter from the society in the borrower’s name
• Copy of the lease deed, if executed
• Certificate of registration of the society
• Copy of the bylaws of the society
• No Objection Certificate from the society
• 7/12 extract or property register card in the society’s name
• Copy of N.A permission for the land from the Collector
• Search and title report (with the details of documents) for the last 30 years
• Copy of order under the Urban Land Ceiling Act
• Copy of building plans sanctioned by the competent authority
• Commencement certificate granted by Corporation / Panchayet.
• Latest receipts of taxes paid
• Original agreement to assign / deed of assignment.

• Original sale deed of land and extract of Index II.
• 12 extract or property register card in your name.
• Copy of N.A. permission for land from the collector.
• Search and title report (with the details of documents) for the last 30 years.
• Copy of order under Urban Land Ceiling Act.
• Copy of the building plans sanctioned by the competent authority.
• Building permission granted by Corporation /Panchayet.
• The latest receipts of taxes paid.
• Estimate of cost of construction certified by the architect.