Checklist

The following documents to be collected at Customer based on the customer profile and the loan products:

For Home Loan – Like – Construction, Plot + Construction, Refinance, Renovation, Improvements / Loan Against Property

Here’s a general checklist of documents typically required when applying for a home loan:

  1. Identification Proof:
    • Passport
    • Driver’s License
    • Voter ID Card
    • Aadhaar Card
    • PAN Card
  2. Address Proof:
    • Utility Bills (electricity, water, gas)
    • Rental Agreement
    • Passport
    • Voter ID Card
    • Aadhaar Card
  3. Income Proof:
    • Salary Slips (last 3-6 months)
    • Form 16 (for employees)
    • Income Tax Returns (last 2-3 years)
    • Bank Statements (last 12 months)
    • Letter from employer (stating employment details and salary) – Cash Salaried profile
  4. Property Documents:
    • Sale Deed
    • Allotment Letter (from the builder, if applicable)
    • NOC from builder/society
    • Land and building tax receipts
    • Approved building plan
  5. Legal Documents:
    • Encumbrance Certificate
    • Property Tax Receipts
    • Title Deed
    • Possession Certificate
  6. Financial Documents:
    • Statement of Assets and Liabilities
    • Existing Loan Details (if any)
  7. Other Documents:
    • Passport-sized photographs
    • KYC Documents
    • Application Form (provided by the bank)

Remember that specific requirements may vary depending on the lender and the type of property.

For Personal Loan:

  1. Identification Proof:
    • Passport
    • Driver’s License
    • Voter ID Card
    • Aadhaar Card
    • PAN Card
  2. Address Proof:
    • Utility Bills (electricity, water, gas)
    • Rental Agreement
    • Passport
    • Voter ID Card
    • Aadhaar Card
  3. Income Proof:
    • Salary Slips (last 3-6 months)
    • Form 16 (for employees)
    • Income Tax Returns (last 2-3 years)
    • Bank Statements (last 6 months)
    • Letter from employer (stating employment details and salary)
  4. Financial Documents:
    • Statement of Assets and Liabilities
    • Existing Loan Details (if any)
  5. Other Documents:
    • Passport-sized photographs
    • KYC Documents
    • Application Form (provided by the bank)

For Business Loan:

  1. Business Documents:
    • Business Registration Certificate (Partnership Deed, Memorandum of Association, Articles of Association, etc.)
    • Business PAN Card
    • Business Address Proof
    • Business Continuity Proof (like sales tax returns, trade license)
  2. Financial Documents:
    • Audited financial statements (Balance Sheet, Profit & Loss statement) for the last 2-3 years
    • Bank Statements (last 6-12 months)
    • Income Tax Returns of the business (last 2-3 years)
    • GST Returns (if applicable)
    • Projected Financials (for new businesses or expansions)
  3. Loan Purpose Documentation:
    • Business Plan
    • Details of the project for which the loan is sought
  4. Collateral Documents (if required):
    • Title Deeds of property being offered as collateral
    • Property valuation reports
  5. Personal Guarantor Documents (if required):
    • Identification and address proofs of the guarantors
    • Income proof of the guarantors
  6. Other Documents:
    • Passport-sized photographs
    • KYC Documents
    • Application Form (provided by the bank)

As with any loan, specific requirements may vary depending on the lender

If any doubt what to collect at customer for their loan needs – Please call or Whatsapp to +91 8015996463 or Mail : apply@ringingnow.com