Home Loan Docs: Your Complete Checklist
  • Jan. 30, 2024, 12:06 a.m.

Home loan documents checklist

Home Loan Docs: Your Complete Checklist

To secure a home loan in India, you'll need specific key documents. Although, these requirements may vary from bank to bank depending on the purpose of the home loan you're seeking. But, to simplify this process for you, we've created an obligatory   home loan checklist for 2024 ,  outlining all the essential documents necessary for the application. 

To begin with, let’s explore the concept of a home loan briefly:- 

A home loan is a secured financial option that leverages a property as collateral to facilitate the purchase of its ownership. By making consecutive payments in the form of EMIs to secure its possession, this process allows you to disburse the amount in small installments over the years instead of making a lump sum payment. 

Banks, Financial Institutes, and Non-Banking Financial Companies are among the primary entities that offer home loans to individuals for purchasing residential properties. 

What are the documents required to complete this Home Loan Checklist

The home loan application checklist requires the submission of some of the crucial documents. Make sure you ensure the meticulous provision of essential documentation, encompassing Identity Proof, Property Documents, and Proof of Indian Residency. 

Here’s your must-have home loan checklist for 2024:- 

  • 3 passport-sized photographs 
  • Identify Proof 
  • Residence Proof 
  • Loan Application Form 
  • Signature Verification by Bankers of the Applicant 
  • Detailed Documents of the Property 
  • Bank Account Statement/Passbook for the last 6 months 
  • Liabilities Statement and Personal Assets 
  • Salary Certificate (Original) from current employer (Salaried Individuals) 
  • Form 16/IT Returns for the past 2 financial years (Salaried Individuals) 
  • IT Returns/Assessment Orders copies of the last 3 years (Self-Employed Professionals/Business Owners) 
  • Challans as Proof of Advance Income Tax Payment (Self-Employed Professionals/Business Owners) 
  • Proof of Business Address for Non-Salaried Individuals (Self-Employed Professionals) 

Property documents for home loan application checklist:- 

  • Permission from the Authority under the Urban Land Ceiling & Regulation Act 1976 
  • Permission from Authority for the Construction of Flat/House 
  • Agreement of Sale Deed/Sale/Cost Estimate from Registered Architect/Engineer of the Property to be built 
  • Payment Receipts made for buying a Residential Unit 
  • Copy of Design of the Property/Construction 
  • Concession Letter from the Co-operative Society/Development Authorities/Builder 

Identity Proof (Any One):

  • Aadhar Card 
  • PAN Card 
  • Election ID Card 
  • Passport 
  • Driving License 

Residence Proof (Any One):- 

  • Electricity Bill 
  • Telephone Landline Bill 
  • Election ID Card 
  • Aadhar Card 
  • Driving License 
  • Passport 

Age Proof (Any One):- 

  • Birth Certificate 
  • PAN Card 
  • Bank Passbook 
  • Passport 
  • Mark sheet from 10th class 
  • Driving License 

Home loan documents checklist for a Salaried Individual:- 

  • Last 3 months' Salary Slips 
  • Copies of the last 2 years IT Returns properly recognized by IT Department/IT Evaluation Orders or Form 16 from the employer 
  • Salary Bank Account Statement for the last 6 months (In the case of other banks) 

Necessary documents of the Loan Guarantor:- 

  • Identity Proof 
  • Address Proof 
  • 2 passport-sized photographs 
  • Liabilities Statement and Personal Assets 
  • Signature Identification from present bankers 
  • Proof of Business Address 

Home loan documents checklist for NRIs (Non-Resident Indians):- 

  • Copy of Visa stamped on the Passport 
  • Copy of Employment Contract & ID Card 
  • Salary Certificate/Income Statement duly attested by Out Foreign Office 
  • Overseas Bank Account Statements for the past 6 months 
  • NRE Bank Account Passbook/Account Statement 
  • Continuous Discharge Certificate, if applicable 

Home loan documents checklist for PIOs (Persons of Indian Origin):- 

  • Copy of PIO Card 
  • Passport with Indian nationality 
  • Passports of parents or grandparents with details of being PIO 

As discussed previously, this home loan checklist might differ based on your specific loan or the requirements of various banks, but we've included almost everything you'll likely require. 


If you have all the required documents outlined in the home loan application checklist  given above, then your form is ready to proceed further. Remember, a payment can wait, but your dream of a sweet home can’t!

“Owning a home is a keystone of wealth… both financial affluence and emotional security.”

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