What lenders will ask for

Every lender keeps its own list and may ask for more depending on the case. Share your profile with us and you will get the exact checklist for your application.

Salaried applicants

For employees drawing a monthly salary — the usual set for housing and mortgage loans.

• PAN card and Aadhaar (with passport, voter ID or driving licence where asked)
• Recent passport-size photographs
• Salary slips for the last 3 months
• Salary TDS certificate from your employer (Form 16) and income tax returns for the last 2 years
• Bank statement of the salary account for the last 6 months
• Employment proof — appointment letter or employee ID
• Statements and sanction letters of any running loans

Self-employed & professionals

For business owners, traders, doctors, CAs, architects and other professionals.

• PAN card and Aadhaar of the applicant and any co-applicant
• Income tax returns with computation of income for the last 2–3 years
• Balance sheet and profit & loss account for the last 2–3 years (CA-certified)
• Bank statements of business and savings accounts for the last 6–12 months
• Proof of business — GST, Udyam, shop & establishment or professional registration
• Office address proof
• Statements and sanction letters of any running loans

MSME & business entities

For proprietorships, partnerships, LLPs and companies applying as a business.

• Entity documents — partnership deed, LLP agreement, or MOA/AOA and certificate of incorporation
• PAN of the entity and KYC of every proprietor, partner or director
• Udyam registration certificate and GST registration
• GST returns for the last 12 months
• Financial statements for the last 2–3 years — audited where an audit applies, otherwise CA-certified — with income tax returns
• Bank statements of all business accounts for the last 12 months
• Project report or projections for a term loan or a new unit
• Quotations or proforma invoices for machinery and equipment
• Stock and debtors statement for a working-capital limit
• Sanction letters and repayment record of existing loans

Property documents

For a housing or mortgage loan — the papers of the property being bought or offered as security.

• Sale deed or registered agreement for sale
• Chain of title documents for earlier transfers
• Approved building plan
• Occupancy or completion certificate, where issued
• Society share certificate and NOC, for a flat in a society
• Latest property tax receipt and maintenance bill
• Allotment letter and builder–buyer agreement, for an under-construction home
• Land or revenue records for the property (the record-of-rights extract used in your state), where applicable