What is the list of documents required for a home loan?

Posted by harishchalke on February 1st, 2021

Whether people are planning to buy a house for the first time or looking to expand their current residence, there is a wide range of home loans to help them. Buying property is not a short-term investment for fulfilling only immediate needs. It is an investment that will continue to give returns for a lifetime. A home is safe and provides shelter to millions of families.

It provides utmost comfort and peace and has the highest regards in terms of investments. There are many banks and moneylenders offering home loans to people. They check all the documents required for home loan at the time of approval, credit history and other factors. In the case of online applications, there is minimal paperwork with flexible EMI plans.

There are different requirements for home loan documents for various lenders and applicants. The profession and income vary, and so do the eligibility. Here are the categories of individuals eligible and the list of documents to submit:


  • Their age should be between 24 years and 65 years
  • Their minimum earning should be INR 30,000 per month with at least two years of working experience
  • The documents to submit are age proof, photo identity proof, address proof, salary slips for the last three months or appointment letter / yearly increment letter / certified true copy of Form 16, last six months’ salary account statements, existing home loan details (if any), and a processing cheque from the salary account



  • Their age should be between 24 years and 65 years
  • The working experience for entrepreneurs is a minimum of three years in the current field of occupation
  • A list of documents required for home loan for individuals under this category are age proof, photo identity proof, address proof, copies of the last two years of income tax returns, registration certificate for business commencement, copies of the previous three years Profit and Loss (P/L) projection statement, existing loan details (if any), and a processing fee cheque issued from the business account

Loan applicants must remember that the documents and eligibility criteria differ from lender to lender. They also offer the loan seeing the current market rates and the economic situation. Many banks and financial institutions also have an online loan application facility, where loan applicants can submit the home loan apply document online without wasting time. They can also get instant approval and save the hassle of excessive paperwork.


About the Author

Joined: December 21st, 2020
Articles Posted: 7

CryptoBits - Welcome to the World of Crypto!
Explore the world of Crypto and learn to invest and earn, play games and become a part of the decentralized world today!
Passive Income - Effortlessly | Honeygain
Honeygain is the first-ever app that allows users to make money online by sharing their internet connection.
Earn Crypto with the COIN App!
Earn crypto on your Android or iOS Smartphone! Signup through this link and receive 1,000 free coins!
KuCoin | Cryptocurrency Exchange | Buy & Sell Bitcoin, Ethereum, and more
KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API
Earn Crypto with Stakecube
StakeCube is the predominant crypto ecosystem originally launched in June 2018 as PoS Pool and has since grown to service over 50,000 Users and supporting 55+ different crypto assets with unique features across 10+ apps, like an integrated Exchange, maste
CryptoTab Browser - Easy way for Bitcoin Mining | CryptoTab Browser
CryptoTab Browser is the world's first web browser with built-in mining features. Familiar Chrome user interface is perfectly combined with extremely fast mining speed. Mine and browse at the same time!