List of Documents Required for HomeLoans
Indicative list of documents required for Home Loan are given below
- Two passport size photos each of the applicant/ and the co obligant
- Identity Proof – Passport / Voters ID / Driving License/ PAN Card / Aadhaar Card
- Address Proof – Passport / Voters ID / Driving License / Aadhaar Card
- Age Proof – Passport / Birth Certificate / Driving License / SSLC or AISSE Certificate
- Certified copy of Passport, Visa, Work Permit, ID card (Applicable for NRI customers)
- Latest Salary Certificate / Salary Slip (3 months)
- Copies of IT returns (2 years) or Form No.16 (2 years)
- Latest 6 month's Bank Account statement evidencing the salary credits
- Proof of Business existence & Business Profile
- Last 12 months bank a/c statements
- IT returns for 2 years supported by Balance Sheet, P&L Account for the past two years. Where ever available, Tax paid challans may also be collected OR Last 2 years IT returns supported by Tax calculation sheet & Tax paid challans
Either Option 1 or Option 2 is required.
Option 1
- NRE account statement with any bank for last one year
- Embassy / CRO certified Salary Certificate/ latest 3 months salary Slip OR Latest Salary Certificate / Slip (3 months) supported by 6 months Salary Crediting Statement
Option 2
- Two years NRE a/c statement of the customer and/or resident accounts of spouse/parents (with us/ other Bank) in which remittance is made.
Either Option 1 or Option 2 is required:
Option 1
- Proof of Business existence & Business Profile
- Last 12 months bank a/c statements
- Balance Sheet, P&L Account for the past two years. Where ever available, Tax paid challans may also be collected
Option 2
Two years NRE a/c statement of the customer and/or resident accounts of spouse/parents (with us/ other Bank) in which remittance is made.
For purchase of approved Flats under construction
- Agreement for Sale & construction
- Allotment letter / NOC from Builder to mortgage the flat
- Tripartite Agreement( to be obtained before disbursal of loan)
For purchase of unapproved Flats under construction
- Agreement for Sale and Construction
- Allotment letter / NOC from Builder to mortgage the flat *
- Title Deed *
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years) *
- EC for 13 years (minimum) *
- Possession certificate *
- Location Sketch *
- Land Tax receipt (latest) *
- Tripartite Agreement (to be obtained before disbursal of loan) *
- Approval or permission from civic authorities *
- Approved Plan and building permit
- NOC from Environmental Department
- NOC from pollution control board
- Fire and safety Clearance
- NOC from aviation department (if applicable)
- NOC From Navy - Army (if applicable)
- Certificate from Coastal Zone management Authority (if near seas, bays, estuaries, creeks, rivers, backwaters etc.)
For acquisition of land and subsequent construction of a house in that land
- Agreement for Sale of Land
- Title deed *
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years) *
- EC for 13 years (minimum) *
- Possession Certificate
- Location sketch *
- Latest land tax receipt
- Tentative plan and estimate for construction
For acquisition of approved Ready Built Flats
- Agreement for Sale & construction
- Allotment letter / NOC from Builder to mortgage the flat
For acquisition of unapproved Ready Built Flats
- Agreement for Sale and Construction
- Allotment letter / NOC from Builder to mortgage the flat *
- Title Deed *
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years) *
- EC for 13 years (minimum) *
- Possession certificate *
- Location Sketch *
- Land Tax receipt (latest) *
- Tripartite Agreement (to be obtained before disbursal of loan) *
- Approval or permission from civic authorities *
- Approved Plan and building permit
- NOC from Environmental Department
- NOC from pollution control board
- Fire and safety Clearance
- NOC from aviation department (if applicable)
- NOC From Navy - Army (if applicable)
- Certificate from Coastal Zone management Authority (if near seas, bays, estuaries, creeks, rivers, backwaters etc.)
For acquisition of Ready built House
- Agreement for Sale
- Approved plan
- Title Deed
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years)
- EC for 13 years (minimum)
- Possession certificate
- Location Sketch
- Land & Building Tax receipt (latest)
For construction of house in the already owned land
- Approved plan and Estimate for construction
- Building Permit / NOC for construction *
- Title Deed *
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years) *
- EC for 13 years (minimum) *
- Possession certificate
- Location Sketch *
- Land Tax receipt (latest)
For repair, renovation, remodeling, extension of existing house, flat, villa
- Approved plan and Estimate
- NOC for construction in the case of extension
- Title Deed
- Prior Deed (in cases where the Title Deed does not contain recitals explaining derivation for past 30 Years)
- EC for 13 years (minimum)
- Possession certificate
- Location Sketch
- Land & Building Tax receipt (latest)