Loan Documents

For loan approval, the set of documents to be submitted to a financial institutions may differ. You would need to check with that particular financial institution on the set of set of documents they require. However, the documents which are commonly required by most of the Financial Institutions are as follows:

  • Completed Loan Application Form
  • Passport Size Photographs
  • KYC Documents - Pan Card, Voter ID, Passport, Driving License, etc.
  • Proof of Residence – Aadhar Card, Telephone Bill, Electricity Bill, Property Tax Receipt, Passport, Voter ID, etc.
  • Statements of Bank Account/Pass Book for last 6 months to 1 year
  • Statements of any investments showing financial background of borrower (Fixed Deposits, Shares, Fixed Assets such as land, etc.)
  • Sale Deed / Agreement for Sale
  • Copy of the approved plan for the proposed Construction / Extension / Addition
  • Detailed Cost Estimate / Valuation Report from Bank Panel Chartered Engineer / Architect
  • Allotment Letter of Co-operative Housing Society / Housing Board / NOC from the Society / Association / Builders / Housing Board Legal Scrutiny Report, EC for the past 13 years, Property Tax Paid Receipt, wherever necessary
  • Property Documents (Collateral Documents)
  • Draft Agreement
  • O.C. (Occupation Certificate) C.C. (Commencement Certificate)
  • Approved Plan

Additional Documents For Salaried Persons

  • Form No. 16 of last two years
  • Salary slips of the last six months (Applicant & Co-Applicant)
  • Bank Statements of last one year (Applicant & Co-Applicant)
  • All Current & Outstanding Loan Documents (Applicant & Co-Applicant)
  • All documents should be self-attested Property Documents
  • Draft Agreement
  • Approved Plan & Blue Plan
  • C.C. (Commencement Certificate)

Additional Documents For Non-salaried Persons

  • IT Returns filed for last several (2 or 3 typically) years, attested by Chartered Accountants
  • Proof of Business Address
  • Document describing nature of business, year of establishment, type of organization, etc.
  • Balance Sheet and Profit & Loss Statements for the past 2 or 3 years
  • Last 3 years ITR with all annexures including balance sheet and profit and loss statement. (Individuals & Company)
  • Last One Year all Bank Statements (Individuals & Company)
  • All Current & Outstanding Loan Documents (Individuals & Company) (If Any)
  • All documents should be self-attested
  • Any further documents required by credit