Home Loan required documents

A Home Loan is a long-term investment and one of the biggest financial commitments you will make in your lifetime. So be well informed about every aspect of applying for a Home Loan in India. A list of documents is required by the lender to check your loan eligibility. So before you start the application process, check the Home Loan documents required by the housing finance. This will help you save time and effort in collecting the required documents. 

The list of important Home Loan required documents are given below.

Proof Of Identity

In India, identity proof is used to verify the borrower’s identity and ensure that the borrower is a legitimate Indian citizen. 


  • Valid passport
  • Voter id card
  • Driving license
  • Pan card
  • Aadhaar card
  • Ration card

Proof Of Residence

Residence proof is another mandatory Home Loan document. The lender needs to check the applicant’s residency and the area/city where the property is located. 


  • Aadhaar Card
  • Voter ID Card
  • Driver’s License
  • Passport
  • Ration Card
  • Electricity Bill
  • Telephone Bill

Property Papers

Property papers are documents that prove the title to the property that is being mortgaged.


  • Title deeds
  • Tax receipts
  • Sale or lease agreements

If you are purchasing a flat under construction from a seller who originally bought it from the developer, you need to provide the original property papers from the owner. 

You will also require the following:

  • Sale deed
  • Tax paid receipts
  • Property extract
  • NIL encumbrance certificate from Sub-Registrar office


The No Objection Certificate (NOC) is issued by various government, non-government and private institutions involved in the property’s ownership, construction and maintenance. 

The document certifies that the concerned authority has no objection to the loan and the proposed property purchase. 

Proof Of Non-Encumbrance

Proof of non-encumbrance is one of the mandatory documents required for a Home Loan application in India. It is a legal document ensuring that the property in question is free from third-party claims or obligations.

The document is usually obtained from the local sub-registrar’s office and states that the property is not subject to any outstanding legal claims.

Income And Business Documents

Income and business documents help lenders verify the borrower’s income and creditworthiness.


  • Salary slips of the last 3 or 6 months
  • Income tax returns or form 16
  • Bank statements

For self-employed borrowers, documents required to find out the Home Loan rates include the following:

  • Business registration
  • Audited financial statements
  • GST returns 
  • It returns of the last 2 to 3 years
  • P&L account statement
  • Annual income

Tax Filing Documents

Tax filing documents are necessary to get low Home Loan rates and faster approval. These documents are important for the lender to evaluate the applicant’s financial status and creditworthiness. 


  • Applicant’s income tax returns for the past two years
  • Form 16/ 16a/ITR-V
  • Copy of the TDS certificate

The tax filing helps the lender to ascertain the applicant’s income and financial stability and verify the loan repayment capacity.

Liability Documents

In India, liability documents provide details of any loans, debts or other liabilities the borrower has. Lenders should be aware of any existing liabilities of the borrower, as it affects the ability to repay the loan. 


  • Salary slips
  • Bank statements
  • Proof of income
  • Credit card statements

Credit or CIBIL Score 

The Credit or CIBIL score is a numerical representation of an individual’s creditworthiness based on the credit history maintained by the Credit Information Bureau India Limited. 

A good CIBIL score is essential for a successful Home Loan application as it is a major factor in determining eligibility and loan amount. Banks and financial institutions review the credit score to assess the risk associated with lending money to the borrower.


Preparing the necessary documents before starting your Home Loan application process is a good idea. This will help you save time and effort in collecting the required documents. Use this post as your handy checklist before applying.