A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • loading

    We found 38 Documents Required For Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    9.0% - 9.50% Floating
    Up to 0.50% (min. ₹10,000 + GST) One time fee
    8L Min
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.90% - 9.10% Floating
    0.25% (max. ₹11,800) One time fee
    5L - 10Crs
    3-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.80 - 9.20% Floating
    12,000 (inclusive of GST) One-Time Fee
    20L - 5Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.90% Floating
    10000+GST One time fee
    -
    1-20 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.80% - 9.05% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.75% - 11.0% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.90% - 9.55% Floating
    0.50% PF (For Salaried) to 1%(min.3000)+Tax (for Self employed)
    12L - 5Crs
    1-20 Years (10 yrs plot loan)
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good To Know
    8.80% - 11.75% Fixed/Floating
    0.50% (min. ₹10,000) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9% Floating
    ₹ 10000+ taxes One time fee
    50L - 5Crs
    1 - 25 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Good to Know
    8.55% - 8.99% Floating
    ₹5,000 to ₹10,000 + applicable tax One time fee
    20L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Good to Know
    8.85% - 9.05% Floating
    0.25% (max. ₹11,800) One time fee
    5L - 10Crs
    3-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Documents Required For Home Loan is Rated as "Great!" by 4075 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    Documents Required For Home Loan

    Sooner or later everyone needs a place of their own, and the best way to achieve that goal for a person from a mid-income household in India is to get a home loan. Government of India has schemes in place to assist house buying/building for the citizens. Nowadays, home loans are easy to come by. But only if all your documents in order.

    To secure a home loan, an applicant must submit a number of documents that establish their KYC, the antecedents of the property they wish to purchase, their income background etc. depending on which category of customers (salaried/professional/businessman/NRI) they belong to.

    The documents required vary from bank to bank. Below are some lists of document which are most commonly required to apply for a home loan in India.

    List of Property Documents Required For Applying Home Loan By All Applicants

    • Loan application form.
    • 3 photographs passport sized.
    • Identify proof (acceptable documents listed below).
    • Residence proof (acceptable documents listed below).
    • Bank Account Statement/Pass Book for last 6 months.
    • Signature verification by bankers of the applicant.
    • Liabilities statement and Personal Assets.
    Apply for Home Loan Online

    Documents For Guarantor (Wherever Applicable)

    • Liabilities Statement and Personal Assets.
    • 2 photographs passport sized.
    • Identify proof.
    • Residence proof.
    • Proof of business address.
    • Signature identification from present bankers.

    List of Documents for Salaried Individuals

    • Salary Certificate (original) from employer.
    • Form 16/IT Returns for the past 2 financial years.

    List of Documents Required for Self – Employed Professionals

    • IT Returns/Assessment Orders copies of the last 3 years.
    • Challans as proof of Advance Income Tax payment.
    • Proof of business address for non-salaried individuals.

    List of Documents Required for Self – Employed Businessmen

    • IT returns/Assessment Orders copies of the last 3 years.
    • Challans as proof of Advance Income Tax payment.

    List of Property Documents:

    • Deed of Sale or Sale Agreement or Share Certificate (original) in case of a cooperative society.
    • Receipts for taxes paid for Building and Land, certificate of possession, and certified sketch of the location of property from revenue authorities.
    • Allotment Letter from Society/Housing Board/Private builder.
    • Receipts of advance payments for flat purchase.
    • Certificate of Non encumbrance encompassing the last 12 years/30 years.
    • Receipt of land tax payment and certificate of possession issued by revenue authorities.
    • Permission letter from Appropriate Authority.
    • Approved building plan (showing floor plan for flat purchase).
    • Original No Objection Certificate issued under the ULC Act, 1976.
    • Copy of relative order if agricultural land is being converted.
    • No objection certificate (NOC) from Builder/Housing Society.
    • Detailed estimate of construction cost.
    • Letter from Society/Builder/Housing Board mentioning their bank and account details, for installment remittance.
    • Applicable for purchase of land plot, a declaration by loan borrower stipulating the date by which to construct a house.
    • Report from lawyer as per standard format.
    • Report stating the valuation of property in standard format by an empanelled valuer.
    • Post closure of loan, documents required for handover of original Property documents
    • Power Of Attorney for collecting original documents of Property.
    • In event of demise of the loan borrower:
    • Letter requesting handing over of Property documents from Legal Heir/Nominee(s).
    • Letter relinquishing the right to Legal Heirs/Nominees for Property documents handover.

    List of Home Loan Documents Required for Non Resident Indians (NRIs)

    • Document establishing KYC.
    • Salary Certificate from employer stating in English the name (as per passport), designation, passport number, date of joining, latest salary.
    • Last 3 to 6 months’ salary slips reflecting variable components like incentives, overtime, etc.
    • Latest IT Returns (for applicants filing IT returns in the country).
    • For Self Employed NRIs, business documents like Trade License, Sponsor Agreement, Power of Attorney, etc.
    • Copy of Passport showing the page of residence visa.
    • Proof of employment by the Government of the residing country like work permit, labour contract, etc.
    • Documents related to the Property with cost estimates from an Indian Architect or Engineer.
    • For Salaried NRIs, income documents attested by embassy official required if there’s no documented evidence for salary credit or fund remittance to India is available.
    • Bank statements copies from overseas of the past 6 months.
    • Last 6 months’ NRO/NRE bank statement.
    • If applicant is unavailable in the country at the time of signing documents, Power of Attorney needs to be produced by the person acting on their behalf.

    List of Documents Needed for KYC Compliance

    Some of the usual documents admitted as KYC are mentioned below:

    Photo Id Proof (Any One Required):

    • Passport
    • PAN Card
    • Driving License
    • Voters ID Card

    Residence Proof (Any One Required):

    • Electricity Bill
    • Ration Card
    • Telephone Bill
    • Employment Letter
    • Passbook or Bank Statement with address

    Proof of Age:

    • PAN card
    • Passport
    • Birth certificate
    • Driving license
    • Bank passbook
    • Marksheet from 10th class

    Besides the ones mentioned above, the banks have the right to ask for any document they deem necessary to the loan sanctioning and verification process.

    Home Loan - Sitemap

    Home Loan Reviews

    • SBI Home Loan
      "Good Experience for Housing loan"
      0.5 4.0/5 "Great!"
      SBI is best for the home loan, they come down to 9% of interest its good compared to private sectors. The documentation verification is very easy and very secured as well. Even the bank gave me balance transfer, pre closure, part closure options.
      Was this review helpful? 3
      , mumbai
      Reviewed on Jan 14, 2019
    • Punjab National Bank Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I took a home loan from PUNJAB NATINAL BANK . I got the loan amount fast, I am paying the EMI per year their service. The interest rate is also competitive when comparing to other banks in the market. The whole application process and he documentation was done in time, overall it has been a good experience.
      Was this review helpful? 4
      , bangalore
      Reviewed on Jan 11, 2019
    • Union Bank of India Home Loan
      "Good Experience"
      0.5 4.5/5 "Excellent!"
      In 2008, I took the housing loan from Union bank of india, they gave me the set of documentation list, I have submitted it got approved on time. The interest rate is good around 8.2% it was the floating one it was fine for me. The response is good, I directly deal with the bank manager.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jan 09, 2019
    • Bank Bazaar Home Loan
      "Loan compare in single click"
      0.5 4.0/5 "Great!"
      Nice service. Which was offered by this site. We had find valuable comparison of loan product in a single browser. Confirmation is good and responsive. More information should be explain like other documentation charges.and fee related to processing.
      Was this review helpful? 3
      , lucknow
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Better"
      0.5 5.0/5 "Blown Away!"
      I have applied my home loan from HDFC LTD through online portal. The customer service is good. The rate of interest is nominal. I have purchased a residential property. The documents are collected by the executive. The loan was disbursed within 15 days.
      Was this review helpful? 3
      , delhi
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied my home loan from HDFC LTD through online portal. The customer service and response was excellent. The rate of interest and charges are reasonable. They have taken almost 15 days to disburse the loan. The executive came to my place and collected the documents. They have collected the processing fee and it was refunded after the first EMI.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 08, 2019
    • Bank Bazaar Home Loan
      "Better"
      0.5 3.0/5 "Satisfactory"
      I have taken my home loan from Bank Bazaar for the first time, it was very good. I have known through advertisement and used the website to login. The process was easy and simple, documents are uploaded online. The customer service is good and never had any issues.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have taken my home loan from HDFC Limited through online channel. The interest rate is near about 8.85%, it was high. The loan tenure is 16 years and no difficulties in submitting the documents via online. I have purchased a residential house and EMI is 60K through ECS. The processing fee was high and loan was disbursed after one month.
      Was this review helpful? 1
      , nagpur
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have taken a home loan from HDFC LTD through online channel. Many times I need to followup them and visited the office which is near to my place for the loan and keep on requesting me the documents at last moment. The rate of interest was okay. They need to inform in the beginning which will be easier. I have purchased a residential property.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 08, 2019
    • Sundaram BNP Paribas Home Finance Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have applied the home loan from Sundaram through online channel. They are good in service. I am okay with the rate of interest rate but they have provide only 1L as top-up loan which am not satisfied. The documentation process was very easy. The loan tenure is 19 years and purchased the residential property.
      Was this review helpful? 0
      , bhopal
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan from HDFC LTD through online portal. The customer service is good. The rate of interest is okay. The loan tenure is 30 years and am planning to reduce 15 months. I have purchased a residential property. The documents are collected by the executive.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 08, 2019
    • Karnataka Bank Home Loan
      "Worst experience on Karnataka Bank Home loan"
      0.5 0.5/5 "Unacceptable"
      We (me and my husband) approached Karnataka Bank for Home loan at Karwar Branch (in Karnataka) on October 2018 and our experience was terrible. It took them 2 long months to just decide on legal opinion which any other bank takes maximum a week's time. The bank directly asked us to contact the advocate and the bank was least involved in the whole process. The advocate for killing the time kept demanding for one after another document which delayed the process and at the end we were fed up with their tedious process and decided to back out. Finally, we got home loan from other bank within 2 weeks as we were both salaried person with proper property documents. Better think twice before approaching Karnataka Bank for home loan. You might not get it on the required time you need and the process is very tiring. Its simply a waste of time.
      Was this review helpful? 1
      , karwar
      Reviewed on Jan 06, 2019
    • Syndicate Bank Home Loan
      "Very Good bank for home loan"
      0.5 5.0/5 "Blown Away!"
      I have applied the loan amount in 2012 and the same year i have closed the loan without any pre-closure charges. They have offered me a loan amount of Rs. 12 years and they have offered me a interest rate of 8.95% and the processing fee of Rs./ 1000. The documentation process is very easy.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jan 04, 2019
    • Vijaya Bank Home Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My home loan was taken with VIJAYA BANK , the service which i got through this bank is good i never face any issue at the time of documentation . The tenure period is 20 year and rate of interest they charge was too nominal in the market compare to others .
      Was this review helpful? 2
      , kolkata
      Reviewed on Dec 29, 2018
    • Indian Bank Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I took home loan from the INDIAN BANK. The Application easy and hassle free. I applied it , the application process and the documentation was done good which was much more convenient. Their interest rate was also nominal With in few days I got the loan credited to the account. Overall it was a good experience.
      Was this review helpful? 4
      , coimbatore
      Reviewed on Dec 28, 2018
    • Bajaj Finserv Home Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      My home loan is with Bajaj Finserv. The customer support and response is good. The rate of interest is of 8.6% and there was a processing fee too. The process of documentation was good and in all there are no hassles. The after loan services are good too.
      Was this review helpful? 4
      , bangalore
      Reviewed on Dec 22, 2018
    • HDFC Limited Home Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      I have home loan with HDFC limited it was nominal, right now it has not higher side, the principal around 7 lakhs they gave me exact amount at the time of processing . It has tenure of 20 years, still the loan is running on. The support is good in terms approving the home loan documents.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 22, 2018
    • Axis Bank Home Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      The process is good and with the simple documentation go get the housing loan with the AXIS BANK. The loan amount is sufficient and the rate of interest is of nominal and the duration to repay the is for 20 years with this bank. The customer service is also good with this bank.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 22, 2018
    • review Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The processing time is good all service are good. Can fin manager is very friendly, the interest rate is nominal. The documentation is very good. I have taken Rs.15 lakhs and again top up Rs. 3.50,000. For the tenure period of 15 years. I done the closure in four years.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Dec 18, 2018
    • Bank Bazaar Home Loan
      "Home loan"
      0.5 3.5/5 "Pretty good"
      It's very healthy website which can check eligibility & apply for loan any where any time. And this happening Without any physical or soft copy of any documents. Main thing is without any agent. Great website those are busy with there day to day busy schedule.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 12, 2018
    Common Loader Icon

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.