Majority of the banks in India ask for similar documents that establish your identity, address and income. Here is a detailed list of documents that most banks would ask you to attach to your home loan application.
Personal Documents
- A duly filled and complete application form given by the bank to avail the loan (either offline or online)
- Three passport size photographs
- Proof of identity. These can include photocopies of any one of voter ID card, Passport, Aadhar card, Driving license or PAN card
- Residence proof. These can include photocopy of one of the following documents such as recent telephone bill, electricity bill, bank statement or property tax receipt
- Bank account statement or updated passbook of the previous 6 months
- Personal assets and liabilities statement from the person
For salaried Individuals
- An original salary statement or a salary certificate from the individual’s employer
- TDS certification on Form 16 or copy of IT returns for the last 2 financial years, duly acknowledged by the Income Tax department
In the case of self-employed individuals, you will also need to provide the banks with documents such as shop act license, business venture details as well as the details of the partnership deed, if any.
If you have already determined on a specific property to purchase, then the bank would ask for the approved blueprint of the building and floor plan, NOC from the builder, original copy of the sale deed, share certificate of the owner, no dues certificate from the society and completion or possession certificate from the builder.
Documents for Guarantor (if required) to be Submitted
- Personal assets and liabilities statement
- Proof of identity. The documents are the same as those required by the applicants
- Proof of residence. The documents are the same as required from the applicants
- Proof of business address to demonstrate that he or she works there
