The Ultimate Checklist For Approval Of Home Loan Documents

When applying for a home loan in India, it is important to gather and organise all the necessary documents to ensure a smooth and hassle-free approval process.

Lenders require these documents to evaluate your eligibility, assess your creditworthiness, and verify the details provided in your loan application. To help you stay prepared, here is a comprehensive checklist of the essential home loan documents required.


Identity Proof

You need to provide a valid identity proof document to establish your identity. Accepted documents include the following:-

  • Aadhaar Card
  • Passport
  • Voter ID card
  • Driving license
  • PAN card

Residency Proof

To verify your residential address, you must submit any one of the following documents:-

  • Aadhaar Card
  • Utility bills (electricity, water, or gas bill)
  • Passport
  • Voter ID card
  • Driving license
  • Ration card

Age Proof

Proof of age is necessary to confirm that you meet the minimum age requirement for a home loan. Acceptable home loan documents required include the following:-

  • Birth certificate
  • Passport
  • Aadhaar Card
  • Voter ID card
  • Driving license
  • School/college leaving certificate

Income Proof For Salaried Applicants

If you are a salaried individual, you need to provide the following documents:-

  • The last three to six months’ worth of pay slips, depending on the lender’s requirements
  • For the previous two to three years, Form 16 or Income Tax Returns (ITR)
  • Bank records for the previous six to twelve months
  • An employment contract or appointment letter

Income Proof For Self-Employed Applicants

If you are self-employed, these certain home loan documents are required:-

  • Audited or certified financial statements, including Profit and Loss statements, Balance Sheets, and Tax Audit Reports (2 to 3 years)
  • Business ownership proof (Certificate of Incorporation, Partnership Deed, etc.)
  • Bank statements (6 to 12 months)
  • Income Tax Returns (ITR) (2 to 3 years)

For PIO/NRI Applicants


KYC Documents

PIO (Person of Indian Origin) or NRI (Non-Residential Indian) applicants need to provide additional KYC documents along with the general documents mentioned above. These include the following:-

  • Overseas address proof
  • PIO or OCI (Overseas Citizen of India) card, if applicable
  • Passport with a valid visa stamp

Income Proof For Salaried NRI Or PIO Applicants

NRI or PIO individuals employed in foreign countries should submit the following income proof documents:

  • Salary slips (last 3 to 6 months)
  • Employment contract
  • Bank statements showing salary credits
  • Income Tax Returns (ITR) for the last 2 to 3 years, if applicable

Income Proof For Self-Employed PIO Or NRI Applicants

Self-employed PIO or NRI applicants need to provide the following income-proof documents:

  • Audited financial statements, including Profit and Loss statements, Balance Sheet, and Tax Audit Reports for the last 2 to 3 years
  • Bank statements for the last 6 to 12 months
  • Income Tax Returns (ITR) for the last 2 to 3 years, if applicable

Apart from the applicant’s documents, certain property-related documents are also required for a home loan online:

  1. Title deed:- The title deed establishes the ownership of the property and should be clear and marketable.
  2. Sale deed:- This document proves the transfer of ownership from the seller to the buyer.
  3. Encumbrance certificate:- It certifies that the property is free from any legal dues or liabilities.
  4. Approved building plan:- The lender may require a copy of the approved building plan to ensure that the construction is legal and follows regulations.
  5. NOC (No Objection Certificate):- If the property is being transferred from one person to another, a NOC from the housing society or builder may be required.
  6. Property tax receipts:- Recent property tax receipts need to be submitted as proof of payment.

Remember, these requirements may vary slightly among different lenders, so it is essential to check with your chosen financial institution for their specific document requirements.

Also see: Dreaming A House In 2024? Track Trends In the Home Loan


When applying for a home loan online, it is essential to gather all the necessary documents to ensure a smooth approval process. The required documents may vary based on factors such as applicant type (salaried, self-employed, PIO/NRI) and property type.

This checklist provides a quick overview of the essential documents needed for a home loan. It is advisable to consult with your lender or financial institution for specific requirements and ensure that all documents are accurate, up to date, and meet the lender’s guidelines. Being prepared and organised can increase your chances of a successful home loan approval.


Sumit Kumar Yadav has experience analyzing business and finance of big to small companies. Loan, Insurance, Investment data analysis are his key areas.