Home Loan Documents Required in Top 5 Private and Government Banks

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Buying a home is a dream of every individual. After all, it is one that corner in the world where you celebrate all your joys and enjoy the journey of with your loved ones. But, with rise in real estate prices, owning a home is not everyone's cup of tea. Thus, to keep you away from that hassle, many renowned banks are here to offer you flexible and affordable housing loans with your budget. With just minimum documentation you can now avail a home loan that suits you well. All you need to do is just from the comfort of your home, you can gather all the information available online on various sites of these banks and can easily be aware what all documents are required.

But, nothing to worry because just for your convenience, this article will give you the information regarding the documents required by major banks to avail the home loan.

Top 5 Private Banks

Documents Required for ICICI Bank Home Loan

DocumentsSalariedSelf Employed Professional Self Employed Non Professional
Application form with photograph duly signed YesYesYes
Identity, residence and age proofYesYesYes
Last 6 months bank statementsYesYesYes
Last 3 months Salary-slipsYesYesYes
Processing fee chequeYesYesYes
Form 16 / Income Tax Returns YesYesYes
Proof of business existenceYes
Business profile Yes
Education qualification certificate and proof of business existenceYesYes
Last 3 years Income Tax Returns with computation of IncomeYesYes
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss AccountYesYes

Documents Required for HDFC Bank Home Loan

For Salaried Employees

Purpose Documents
Proof of both identity and residence (any 1)· Valid Passport
· Voter ID Card
· Aadhaar Card
· Valid Driving Licence
Proof of income· PAN Card
· Last 3 months' Salary Slips
· Last 6 months' Bank Statements, showing salary credits
· Latest Form-16 and IT returns
Other documents · Employment Contract / Appointment Letter in case current employment is less than 1 year old
· Last 6 months' Bank Statements showing repayment of any ongoing loans
· Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across
· Cheque for processing fee favouring ‘HDFC Ltd.’
Property related documents· Copy of the Allotment Letter / Buyer Agreement
· Receipt/(s) of payment/(s) made to the developer
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For Self-Employeed Employees

Purpose Documents
Proof of both identity and residence (any 1)· Valid Passport
· Voter ID Card
· Aadhaar Card
· Valid Driving Licence
Proof of income· PAN, TAN Card
· Income Tax Returns along with computation of income for the last 3 Assessment Years
· Last 3 years’ Balance Sheet and Profit & Loss A/c Statements, with Annexures/Schedules
(Points 2 & 3 should be of both the individual and the business entity and attested by a CA)
· Last 6 months' Current A/c Statements of the business entity and Savings Account Statements of the individual
Other documents 1. Business Profile
2. Latest Form 26 AS
3. List of Directors and Shareholders with their individual shareholding certified by a CA / CS in case of the business entity being a company
4. Memorandum and Articles of Association of the Company
5. Partnership Deed in case of the business entity being a partnership firm
6. Details of ongoing loans of the individual and the business entity including the outstanding amount, instalments, security, purpose, balance loan term, etc.
7. Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across
8. Cheque for processing fee favouring ‘HDFC Ltd.’
Property related documents· Copy of the Allotment Letter / Buyer Agreement
· Receipt/(s) of payment/(s) made to the developer

Documents Required for Axis Bank Home Loan

Purpose SalariedSelf Employed
Proof of Identity and AddressPassport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or PAN card (PAN Card only as identity proof) or any other document as acceptable to the BankPassport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or PAN card (PAN Card only as identity proof) or any other document as acceptable to the Bank
Proof of incomeLatest 3 Months salary slip showing all deductions and Form 16IT returns for the last 2 years and computation of income for the last 2 years certified by a CA
Bank statement or Pass Book where salary or income is creditedLast 6 monthsLast 6 months
Guarantor form OptionalOptional

Documents Required for HSBC Bank Home Loan

Purpose Documents
Proof of both identity and residence (any 1)· Passport
· Election/Voter’s ID
· Permanent driving licence
· Permanent Account Number (PAN) card
· Aadhaar Card
Proof of Present Residential Address (PRA) (any one)· Passport
· Election/Voter’s ID
· Permanent driving licence
· Society outgoing bill (only from registered societies)
· Electricity/ water/telephone bill
· Gas bill (pipeline connection only)
· Property tax bill
· Domicile certificate with address issued by Municipal Corporation
Proof of age (any one) · Passport
· Permanent driving licence
· PAN Card
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Income Documents Required for Salaried Employees

  • Latest 3 months' salary slips showing statutory deductions
  • Bank statements for last 3 months showing last 3 salary credits

Income Documents Required for Self-employed individuals

  • Acknowledged IT returns for last 2 years (including e-acknowledgement)
  • P&L account, balance sheet certified/ audited by a CA and computation of income for last 2 years with all annexures and auditor's report
  • Primary bank account statements for last 6 months
  • For Partners of the partnership firm, additionally Partnership Deed is required
  • For Directors of the Private Limited companies additionally required:
    – Shareholding Pattern or Memorandum and Articles of Association duly attested by a CA
    – List of Directors

Income Documents Required for Consultant / Self-employed Professional

  • Acknowledged IT returns for last 2 years (including e-acknowledgement)
  • P&L account, balance sheet certified/ audited by a CA and computation of income for last 2 years with all annexures and auditor’s report
  • Primary bank account statements for last 6 months

Documents Required for Kotak Mahindra Bank Home Loan

Documents Required
Income proof
Income Details
Age Proof
Address Proof
Identity Proof
Proof of educational qualifications

Top 5 Government Banks

1. Documents Required for State Bank of India Home Loan

Documents for All Applicants
Completed loan application
3 Passport size photographs
Proof of identify (photo copies of Voters ID card/ Passport/ Driving
licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill
Property tax receipt/ Passport/ Voters ID card)
Proof of business address for non-salaried individuals
Statement of Bank Account/ Pass Book for last six months
Signature identification from present bankers
Personal Assets and Liabilities statement
Documents for Guarantor
Personal Assets and Liabilities Statement
2 passport size photographs
Proof of identification as above
Proof of residence as above
Proof of business address as above

Signature identification from his/her present bankers

Documents for Salaried Persons
Original Salary Certificate from employer
TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

Documents for Self- Employed
Acknowledged copies of three years I.T. returns/ Assessment Orders.
Photocopies of challans evidencing payment of Advance Income Tax.

2. Documents Required for Oriental Bank of Commerce Home Loan:

List Of Documents
Loan application Form
Passport size photograph of applicant, co-applicant & guarantor
Identity proof
Residence Proof
Age proof
Income Proof
Property documents : Title clearance report from advocate and valuation report from architect on Bank's panel
In case of takeover: Copy of home loan account statement for the entire period / Certificate from the lending institution giving pre-closure amount
Any other document/paper which may be necessary as per requirement of the case.
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For Salaried

Salary certificate issued by the employer / Income Tax return
For Agriculturist

Record of land holding & cropping pattern or any other proof of income
For all other individuals

Last 2 yrs. Income Tax Return & computation sheet / Bank A/C statement

3. Documents Required for Bank of Baroda Home Loan

List of Documents
Photo Identity Proof
Residence /Address Proof
Proof of Age
Passport size photographs
Signature verification from existing banker alongwith copy of Bank statement for last six months
Copy of PAN CARD
Copy of the document to title of the property
In case of construction of house Approved plan, detailed estimated cost of construction certified by Architect alongwith title deed of the property are required to be submitted
For Salaried Class PersonsFor Self-Employed/Business Persons
Last 4-6 months salary slip alongwith Form no. 16 for last 3 financial yearsCopy IT Returns for last three years alongwith last IT assessment order
Copy of Audited Balance Sheet and Profit & Loss A/cs for last three years

4. Documents Required for Union Bank of India Home Loan

PurposeDocuments
Proof of identity (any of the following)· Passport
· PAN Card
· Employee identity card
· Any other valid proof
Proof of address (any of the following) · Electricity bill
· Telephone bill
· Ration card
· Any other valid proof
PAN Card, 3 Photographs,Last 12 months bank statement
Proof of income

A. For Salaried Class
· Last one year ITR
· Form-16/ letter from Employer
· Last 6 months salary slip
B. For business class· Last three years ITR
· P and L Balance sheet

C. Agriculturists· Income certificate from concerned revenue officer (Tahsildar)
· Proof of land holding
Property Papers · Allotment letter
· Advance money receipt
· Title Deed
Property Papers · Allotment letter
· Advance money receipt
· Title Deed
Proof of out-goesLoan repayment statement, if any
LIC Policies, if any
Valid proof of any other out-go

5. Documents Required for IDBI Bank Home Loan

Salaried Customers Self Employed Professionals Self Employed Non Professionals
Application form with photograph Application form with photograph Application form with photograph
Identity and Residence Proof Identity and Residence ProofIdentity and Residence Proof
Latest Salary-slip for last 3 months Education Qualifications Certificate and Proof of business existence Proof of business existence
Form 16/ITR Last 3 years Income Tax returns (self and business)Business profile
Last 6 months bank statement Last 3 years Profit /Loss and Balance Sheet Last 3 years Income Tax returns
Processing fee cheque Last 6 months bank statementsLast 6 months bank statements (self and business)
Processing fee cheque
Processing fee cheque

( Updated on : 15th October, 2016 )