Documents Are Required For Home Loan

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Housing loans are taken by salaried and self-employed individuals in order to buy their own property. It is important to get a home loan in order to manage the property cost. Real estate investment is one of the most expensive ones in the market. You need to make sure that you are eligible in order to get a housing loan. When you plan for a housing loan, you will be able to meet the credit eligibility criteria and fulfill the loan requirements.

It is important to provide all the required documents which will be used for background verification of individuals as well as property. Without verification, home loan approval will not be given by the loan provider. It is important to choose the loan documents carefully without missing out on any required list of documents given by the bank or financial institutions. Here's a complete list of documents that you need to have when you :

List of KYC Documents for Home Loan Application

Photo Id Proof (Any One Required):


PAN Card

Driving License

Voters ID Card

Residence Proof (Any One Required):

Electricity Bill

Ration Card

Telephone Bill

Employment Letter

Passbook or Bank Statement with address

Proof of Age:

PAN card


Birth certificate

Driving license

Bank passbook

Marksheet from 10th class

List of Documents Required for Loan Guarantor

Liabilities Statement and Personal Assets.

2 photographs passport-sized

Identify proof.

Residence proof.

Proof of business address.

Signature identification from present bankers

List of Documents Required for NRI Applicants

Document establishing KYC.

Salary Certificate from employer stating designation, passport number, date of joining, latest salary.

Last 3 to 6 months' salary slips reflecting variable components like incentives, overtime

Latest IT Returns

For Self Employed NRIs, business documents like Trade License, Sponsor Agreement, Power of Attorney

Copy of Passport showing the page of residence visa.

Proof of employment by the Government of the residing country like work permit, labor contract

Documents related to the Property with cost estimates from an Indian Architect or Engineer.

Bank statements copies from overseas of the past 6 months.

Last 6 months' NRO/NRE bank statement

List of Property Documents Required for Home Loan

Deed of Sale or Sale Agreement or Share Certificate in case of a cooperative society.

Receipts for taxes paid for Building and Land, certificate of possession, and certified sketch of the locations

Allotment Letter from Society, Housing Board, Private builder.

Receipts of advance payments for the flat purchase.

Receipt of payment and certificate of possession issued by revenue authorities

Permission letter from Appropriate Authority.

Approved building plan

Original No Objection Certificate issued

Copy of relative order if agricultural land is being converted.

No objection certificate from Builder or Housing Society.

A detailed estimate of construction cost.

Letter from Society Builder, Housing

Why is documentation important?

Documentation is one of the most important factors that decide whether you are eligible or not. Every single piece of information that you provide in the application form along with the documents about yourself and property is verified with the help of documents.

Wrapping up

Apply for a home loan in order to make sure that you are able to finance your property or plot of land. Make sure you compare to get an affordable home loan

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