When taking a home loan for an individual house, banks/NBFCs will ask for a combination of personal, income, and property documents.
Here’s a complete checklist so you can prepare everything in advance and avoid delays:
📂 1. Personal Documents
- Identity Proof (any one):
Aadhaar Card / Passport / Voter ID / PAN Card / Driving Licence - Address Proof (any one):
Aadhaar Card / Passport / Utility Bill (electricity, water, gas <3 months old) / Rent Agreement - PAN Card (mandatory for loan processing)
- Passport-size Photographs (2–4 copies)
- Signature Verification Proof (passport, bank verification, etc.)
💼 2. Income Documents
For Salaried Individuals:
- Last 3–6 months salary slips
- Last 6 months bank statements (salary account)
- Form 16 (last 2 years) or Income Tax Returns (ITR)
For Self-Employed / Business Owners:
- Last 3 years ITR with computation
- Balance Sheet & Profit/Loss statement (CA certified)
- Last 6–12 months business account statements
- GST registration & returns (if applicable)
- Business license / registration proof
🏠 3. Property Documents (Most important for approval)
The bank will approve the loan only after legal verification of the property.
Land/Plot Documents:
- Sale Agreement (between you and builder/seller)
- Title Deed / Mother Deed (ownership history)
- Encumbrance Certificate (EC) – usually last 13–30 years
- Latest Property Tax receipt (paid)
- Approved Layout Plan (DTCP / HMDA / BDA etc.)
- Conversion Certificate (if converted from agricultural to residential)
Construction Documents (if house under construction):
- Approved Building Plan (from local authority)
- Construction Agreement (with cost breakup)
- Building Permit/Approval Letter
- Stage-wise payment schedule
- Commencement Certificate (if issued)
For Ready-to-Move House:
- Sale Deed draft / Agreement to Sell
- Completion Certificate
- Occupancy Certificate (OC)
- Khata/Patta Certificate (depending on state)
- Electricity & water connection proof
🧾 4. Additional Documents Bank May Ask
- Legal Opinion (done by bank’s panel lawyer)
- Valuation Report (done by bank’s panel valuer)
- NOC from Housing Society / RWA (if applicable)
- GPA (General Power of Attorney) if property bought via attorney
💡 Tips to Speed Up Home Loan Approval
- Keep originals & photocopies ready — banks need originals for verification but will return them.
- Clear any property tax dues before applying.
- Ensure name matches exactly across Aadhaar, PAN, property documents, and bank account.
- Avoid cash transactions — all payments should be via bank for easy traceability.
- If the property is from an individual builder without RERA, expect the bank to do stricter legal checks — be prepared with extra supporting papers.