List Of Documents For Home Loan Processing
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The document outlines the required documents for home loan processing based on different applicant types: salaried individuals and businessmen. It specifies various identification, income verification, and property documents needed for both categories. Additionally, it includes documentation for loan takeover from other banks.
List Of Documents For Home Loan Processing
- 1. List Of Documents For Home Loan Processing www.iandfinance.com
- 2. Documents for Salaried Person • 2 passport size photos • PAN Card / Passport Copy / Voter’s ID • Residence Proof – MSEB bill / Property Tax bill / Employer Certificate • Experience letter of previous company if present employment is less than 2 years • Latest increment letter along with CTC structure • Latest 3 months pay-slips • Latest 6 months salary a/c statement • Latest two years Form-16 • All loan a/c statements for at-least one year www.iandfinance.com
- 3. Documents for Businessman • 2 passport size photos • PAN Card / Passport Copy / Voter’s ID • Residence Proof – MSEB bill / Property Tax bill • Income Tax returns for latest three years along with Profit and Loss a/c statement and Balance Sheet. (Attach computation of income certified by the Chartered Accountant) • Current a/c statement for last one year from where transactions of business take place (Certified by the Bank) • Shop Act License • Brief write-up about the business venture • Partnership Deed (if any) www.iandfinance.com
- 4. Property Documents • Registered Agreement to Sale / Sale Deed – Original Copy • Copy of the approved blue print of the floor layout plan • NOC from the Builder / Society • Completion and Possession Certificate from the Builder • Latest Property Tax as well as MSEB bill • Share Certificate of the Owner with ‘No Dues’ certificate from the Society www.iandfinance.com
- 5. Property Documents Continued… • Set of documents from the Builder for the loan purpose (Loan Set) N.A. Certificate ULC Certificate Commencement Certificate Search Report of the Builder’s Advocate 7/12 Extract Development Agreement Power of Attorney www.iandfinance.com
- 6. Documents for loan take over from other banks • Letter from the bank mentioning the latest outstanding of the home loan account • Letter from the bank mentioning original documents in their custody • Home loan account statement from the date of sanction to this date www.iandfinance.com