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List of Documents Required for a Home Loan in India 2024

Check What are the documents required for a Home Loan for salaried and self-employed individuals. Read this guide for an easy Home Loan application process.

List of Documents Required for a Home Loan in India 2024
First Published May 17, 2024, 6:41 PM IST

Essential Documents for Securing a Home Loan in India

Applying for a home loan is a significant step towards achieving the dream of owning a home. The process involves several important elements, not least of which is the submission of necessary documents. These documents help lenders assess the eligibility and credibility of the applicant, ensuring a smooth transaction. Here’s a comprehensive guide to the documents you will generally need when you are ready to apply for a home loan.

List of Documents Required for a Housing Loan

1. Proof of Identity and Age

One of the first steps in the home loan application process is to establish your identity and age. Acceptable documents typically include:

  • PAN Card
  • Aadhaar Card
  • Passport
  • Voter's ID
  • Driving License

These documents required for a Home Loan must be valid at the time of application and must clearly show your date of birth to confirm your eligibility age-wise.

2. Proof of Income

Lenders assess your income to determine your loan eligibility and the potential Home Loan interest rate in India that will be offered to you. This includes:

For Salaried Individuals:

  • Latest salary slips (last 3 months)
  • Form 16 or Income Tax Returns (last 2 years)
  • Bank statements (last 6 months showing salary credit and any other income)

For Self-Employed Individuals


  •  Income Tax Returns (last 3 years)
  •  Profit and Loss statements and Balance Sheets (certified by a CA)
  •  Bank statements (last 6 months)
  •  Business proof (registration certificate, GST returns, etc.)

3. Proof of Residence

You will also need to provide proof of your current residence, which can be done through documents like:


  • Recent utility bills (electricity, water, gas)
  • Aadhaar Card
  • Passport
  • Voter's ID
  • Rent Agreement (if applicable)

4. Property Documents

Since a home loan is essentially a mortgage, the lender will require documents pertaining to the property being purchased, including:


  • Title deeds
  • No Objection Certificates (NOCs) from legal bodies
  • Builder’s allotment letter
  • Agreement to sell (if already executed)
  • Property registration receipt
  • Municipal plans and approvals


 5. Additional Documents 

In certain cases, additional documentation may be needed such as:


  • Co-applicant’s details, if it is a joint home loan
  • Passport-size photographs
  • Details of ongoing loans and EMIs being paid

Apart from these, it is typically mandatory to submit your PAN Card or FORM 60. FORM 60 can be submitted in case a PAN Card is not available.

Use of EMI Calculator for Housing Loan

Before submitting your home loan application, it can be good practice to use a Home Loan EMI Calculator. This online tool helps you understand your monthly instalment based on the loan amount, tenor, and interest rate. By inputting different values, you can find a repayment plan that aligns with your financial situation, helping you plan your finances effectively.

To conclude, collecting these documents might seem like a tedious task, but being prepared can significantly ease the process. Each document serves a purpose, allowing the lender to get a comprehensive view of your financial health, the property details, and your background. With the right documents in hand, the journey from a home loan applicant to a homeowner can be smooth and hassle-free. Remember, each document you submit brings you one step closer to acquiring your dream home.

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