Checklist for Home Loans

Proof of employment Employment certificate on company letter head with HR seal & sign on it. Some banks may also ask you to furnish company id card Proof of the income For salaried people bank statement for last 6 months on a bank letter head. For salaried people last two month’s payslip. Last 2 year form 16 as well as IT acknowledgement. Some banks (like SBI) also needs income tax receipts. Company letter of appointment. In-case if two people are applying for home loan together then a similar set of documents will be needed for the co-applicant. Proof of residence(any of the below) Ration card / Passport / Rent agreement / Bank Statement / Company HR letter. Proof of age (any of the below) Voter's ID / passport / PAN card / Ration card / Birth certificate Name Change Proof (in-case if it is applicable)  ·         copy of the gazette b officer ·         newspaper  copy ad of the name change ·          Marriage certificate ·            Government Valuation & rating system ·           A copy stating latest Government or Ratings Valuation has to be provided. Based on the age and value indicated in combination with the home loan amount required, the Bank may need a registered valuation and your Banker will advise you for the same. Builder’s documents + Other’s Misc documents Copy of the sale agreement Copy of Tripartite agreement from builder/developer Copy of land documents certificate from builder's CA stating that builder hasn’t done mortgaging of the property to others. Receipt copies of payment being made to developer/builder. Assets and liability statement of loan applicant. Copy of allotment letter of allotment. Copy of mortgage deed in-case bank goes for a registered mortgage. NOC from the developer/society/development authority. In-case of self-construction approved plans as well as clearance certificates is needed.                                                                                                 Read Next >     < Read Previous    Read out similar blogs related to Bangalore real estate: Real estate properties of East Bangalore: Potentials and Development Price trend in East Bangalore Pruksa silvana: FDI real estate villa/Row houses project in East Bangalore Investment in Sarjapur - ORR real estate good option or not? Bangalore IT hubs: Electronic City, Whitefield, Marathahalli and Bannerghatta Road undergoes slow real estate sales for 2011  Points/Factors/Criteria to be considered before purchasing/investing in the real estate property Bangalore upcoming areas/suburbs to see real estate appreciation and development Sarjapur town/village Real Estate: Scope and development Hoskote to be developed as another Satellite Town Bangalore Intermediate Ring Roads(IRRs) to push residential growth Get a group discount on a Bangalore based property:  Want to get a group discount on any specific specific property (villa/apartment/plot). Then join this Bangalore buyers group and express your interest in the interested property. In-case you are looking for a property which is not present there then feel free to add that to the list.