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Tips for Buyers
  • What are the documents I will have to produce for loan availability?
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    The finance institution that provides home loan facilities may ask to produce the following documents
    1.    A brief description about your Business/Profession.
    2.    Balance Sheet, Profit and Loss account and statement of income with Income Tax returns for the last 3 years certified by a qualified CA.
    3.    A photocopy of Advance Tax payments (if applicable).
    4.    A photocopy of Registration Certificate of Establishment under Shops and Establishments Act/Factories Act.
    5.    A photocopy of Registration Certificate for deduction of Profession Tax (if applicable).
    6.    Bank statements of Current and Saving accounts for the last 6 months.
    7.    A photocopy of Certificate of Practice (if applicable).
    8.    A photocopy of any bank loan (if applicable).
    9.    A photocopy of the first and last pages of the Ration card or a copy of PAN/Telephone/Electricity Bills.
    10.    A photocopy of LIC policy (if applicable).
    11.    A photocopy of investments (FD Certificates, Shares, any other fixed asset).
     

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