What are the documents required at the time of making an application for a housing loan?

  • Photographs
  • Proof of age (Passport / License / Voters ID)
  • Proof of residence (Ration card / Tel / Electricity bill)
  • Latest salary slip (proof of income for salaried individuals)
  • Form 16
  • Bank statements for the previous six months.
  • For self-employed, certified copies of balance sheet, profit and loss statement and tax “challans” / tax returns for the previous 3 years for partnership/private limited companies, the articles of association, partnership deed and details about the firm.
  • For the NRIs’ latest salary certificate specifying, name (as it appears in the passport). Date of joining, passport number, designation, perquisites and salary, photocopy of labor card/ identity card, photocopy of valid resident visa stamped on the passport, photocopy of monthly statement of local bank account, property related documents.
  • Details of existing loans if any.

Post Author: Terraform Realty