Different banks require different documents for processing a housing loan. Broadly, following documents are required by the banks :

SELF EMPLOYED

Proof of Income :

 

  • Copies of balance sheet, profit and loss accounts, computation of income and Income tax returns for the last 3 years (in case of Self Employed)
  • Salary certificates and form No. 16 for the last three years (in case of salaried)
  • TDS certificate for last 3 years
  • Bank Statements showing credit entries for salary / Professional fees received for the past 12 months
  • Professional qualification certificated etc.

Title of flat :

 

  • Copy of the Property sale deed.
  • Title report by a solicitor.
  • Valuation report.
  • NOC from the builder / condominium / society
  • Amenities agreement, if any.

Other Documents :

 

  • Proof of age – copy of passport, driving license etc. (with Dt of Birth)
  • Proof of Residence – Copy of ration card, passport, etc.
  • Photographs with signature.
  • Documentation required for guarantor, if any.

SALARIED PERSON

Residence And Age Proof :

 

  • Voter’s I-card.
  • Passport.
  • Driving License.
  • Ration Card / Phone Bill / Electricity Bill.

Income Proof :

 

  • Attested Salary Slips for the last 3 months in original or salary certificates with deduction.
  • Bank Passbook for last 6 months (Salary Account).
  • Income Tax – Form 16 Xerox (Photocopy).
  • PAN card.

Employment Proof :

 

  • Appointment Letter / Increment Letter / Confirmation Letter.
  • Copy of company I-card.
  • Company Profile.
  • Company Brochures.

Common Documents :

 

  • Cheque for Processing Fees.
  • Photograph of Applicant and Co-applicant.
  • It taken any other loan, outstanding amount proof or loan closure certificate.

Guarantors :

 

  • Incase of guarantors, same set of documents, as applicants are required.