PAN card (mandatory), Aadhaar or passport or voter ID or driving licence for address. Lenders match the name order across documents - "Ramesh Kumar Sharma" and "Sharma Ramesh Kumar" can trigger an extra verification round, so be consistent with the format on your PAN.
If your current address differs from the Aadhaar address, add one utility bill or rent agreement showing where you actually live. Lenders verify the address where you live, not where you are registered.
| Profile | Documents | What lenders check |
|---|---|---|
| Salaried | Last 3 months salary slips, last 6 months bank statements (salary account), Form 16 or last 2 years ITR | Net credit in the bank must match the slip. Variable pay, reimbursements and stock vesting are usually excluded from eligible income. |
| Self-employed professional | Last 2-3 years ITR with computation, last 12 months current account statements, professional registration or practice proof | Declared business income, not turnover. Large cash deposits without matching invoices weaken the file. |
| Self-employed business owner | Last 2-3 years ITR with computation, P&L and balance sheet, GST returns if registered, business proof (Udyam, shop act, MOA) | Income stability across years and the debt already on the books (existing EMIs, overdrafts). |
| NRI | Passport, visa or work permit, overseas address proof, employment contract or employer letter, overseas bank statements, and a Power of Attorney for an India-based representative | Continuity of overseas employment and the remittance route for EMIs. |
Add the last 3 months of statements for every loan you already have - lenders count existing EMIs in your fixed-obligation ratio. A pre-existing car loan EMI of 12,000 reduces eligible home loan EMI by roughly that amount, which changes how much you can borrow.
New or builder purchase: agreement to sale, allotment letter, builder's approved plan and layout, commencement or completion certificate, RERA registration number, and the payment schedule you have already met.
Resale purchase: the full chain of title deeds going back to the original allotment, previous sale deeds, the latest property tax receipt, society NOC and share certificate, occupancy or completion certificate, and an encumbrance certificate showing the property is unencumbered for the period covered.
Under-construction: approved building plan, RERA registration, land title documents of the developer, and the schedule of construction-linked payments. Lenders typically disburse in tranches against construction milestones - which means your EMI starts before possession, an important cash-flow point to plan for.
1. Income mismatch: the salary credited in your bank statement is lower than your salary slip, usually because of variable components paid separately. Show the appraisal letter or keep the account that receives those payments. 2. Title chain gaps: resale and ancestral properties often miss one link - a registered will, a succession certificate or a missing release deed. Fix it before applying; lenders cannot waive it. 3. Valuation versus agreement value: the lender's valuer may assess the property lower than the agreement value, which reduces your eligible loan amount. Budget a bigger down payment when buying above market rate.
What documents do banks ask for a home loan?
Identity and address proof, income proof (salary slips, bank statements, Form 16 or ITR), and property papers (agreement to sale, title chain, approved plan, NOC, property tax receipt).
How many years of ITR do self-employed applicants need?
Two to three consecutive years with computation of income. Lenders assess declared income, not turnover.
Why do home loan files get delayed?
Incomplete title chain, income and bank-statement mismatches, and missing occupancy or society NOCs on resale flats.
Work out your EMI before you negotiate: EMI Calculator · compare lenders: Loan Comparison · city-specific pages: EMI by City