HOME LOAN

Time Duration:7-30 working days depending on Banks

1. Identity Proof

Aadhar Card
Passport
Voter ID
Driver’s License

2. Address Proof

Utility bills (electricity, water, gas)
Rental agreement
Bank statements with the address

3. Income Proof

For Salaried Individuals:
- Latest salary slips (last 3 months)
- Bank statements for the last 6 months
- Form 16 (if applicable)
For Self-Employed Individuals:
- Income tax returns for the last 2-3 years
- Profit & loss statement and balance sheet (audited, if applicable)
- Bank statements for the last 6 months

4. Property Documents

Sale deed (for the property you wish to buy)
Title deed (if applicable)
Encumbrance certificate
Approved building plan (if applicable)
Occupancy certificate (if applicable)
Allotment letter (if the property is from a developer)
NOC from the society or developer (if applicable)

5. Loan Application Form

A completed loan application form provided by the lender.

6. Credit History

Credit report (if available) to provide insights into your credit score.

7. Photographs

Recent passport-sized photographs (usually 2-3).

Additional Considerations

Co-Applicant Documents: If applying with a co-applicant, you will need their identity and income proof documents.
Processing Fee: Some lenders may require a processing fee, which could involve additional documentation.

Tips

Always confirm with the specific lender for any additional or specific requirements they may have.
Having all documents organized will help speed up the application process.