Home Banking What are the documents required for a home loan in news year 2018?

What are the documents required for a home loan in news year 2018?

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documents required for a home loan

Home loan document checklist 2018     

  • Full loan application form with a passport size photo.
  • Photo Identification Proof: Passport / Driving License / Voter ID / PAN
  • Residence address standard: License / Registered Rental Agreement / Utility bill
  • Residence Ownership Proof: Deed or Rental Agreement for Sale
  • Income Scale: Salary Slip, Bank Statement and Form 16
  • Employment Continuity Proof: Appointment letter in employment and certification letter from HR
  • Bank Statement: Last 6 months document
  • Property Documents: Deed For Sale, Story, Transfer of Ownership
  • Advance Processing Check: A cancellation check for bank account verification
  • Investment Criteria: LIC, Mutual Funds, Property Document etc.

Financial documents for home loan

A. For salary person: 3-month salary slip, Form 16 and bank statement

B. For Self-employed Individuals: A Chartered Accountant Certificate for Returning IT for the last 2 Years with Income Tax Counts Over the Past Two Years

C. For Self-Employed Non-Professionals: IT has received a Chartered Accountant Certificate in the last 2 years with Income Tax Inventory over the last 3 years

Salary documents required person to apply for home loan

  • Credit Form: Bank loan application form for passport size photographs
  • Residential Address-Leave and License / Registered Rental Agreement / Utility Bills (up to 3 months), Passport
  • Identity proof: passport / driving license / voter ID / PAN
  • 3-month payment slip
  • Income proof documents
  • 2 years form 16
  • Copy the Income Tax PAN
  • Bank Statement: A 6-month bank statement showing any EMIs paid for the salary and the best debit from the employer.

Required home loan documents for self-employment – Professionals

  • Photo Identification Proof: Passport / Driving License / Voter ID / PAN
  • Residence address standard: License / Registered Rental Agreement / Utility bill
  • Office Address Proof: Property Documents, Utility Bills
  • Office Procedure: Property Documents, Utility Bills, Management Bill
  • Business Existence Proof: 3 Years Saral Copy, Company Registration License, Shop Establishment Act
  • Income Proof: 3 years income tax returns including Income, Profit & Loss Account, Audit Report, Balance Sheet etc.
  • Bank statement: Bank statement of last 1 year
  • 1 passport size colour photograph

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