Preliminary documents needed by Banks to assess Home Loan eligibility for salaried customers are:
Proof of Identity & Residence:
Application form with photograph
Photo Identity document such as Passport, PAN Card, etc.
Ration Card / Telephone or Water Bill
Proof of Income:
Latest Salary-slip
Form 16
Repayment & Expense Track Record:
Last 6 months bank statements
Details of other loans taken
Banks will ask you for additional documents – these will depend on your specific profile, credit history, etc.
Similar Properties:
- Documents needed for Home Loans for an NRI
- Home Loan Rates
- Overview of the Home Loan Process
- HDFC increases home loan rates by 0.5% effective 16 May 2011
- RBI cuts rate by 0.5%, Home Loan EMIs to fall
