What documents are necessary to apply for a home loan?
The documents to be submitted to apply for a home loan are as follows:
Identity proof (Aadhaar card, Voter's ID card, Driving license, Passport, etc.)Address proof (Aadhaar card, Voter's ID card, Driving license, Passport, Utility bills like electricity bill, telephone bill, and more)Property documents (stamped agreement of the sale, NOC front the builder, Detailed construction cost estimation, Possession certificate, bank account statement, occupancy certificate in case of constructed apartment)Income proof for salaried professionals (salary slips from the last three months, banks statements from the last six months, Form 16, collateralized property document)Income proof for self-employed individuals (ITR with computation for the last two years, primary bank statement of last six months, CA audited financials wherever necessary)Passport-size photographs