For loan approval, the set of documents to be submitted to a financial institutions may differ. You would need to check with that particular
financial institution on the set of set of documents they require. However, the documents which are commonly required by most of the Financial Institutions are as follows:
- Completed Loan Application Form
- Passport Size Photographs
- KYC Documents Pan Card, Voter ID, Passport, Driving License, etc.
- Proof of Residence Telephone Bill, Electricity Bill, Property Tax Receipt, Passport, Voter ID, etc.
- Statements of Bank Account/Pass Book for last 6 months to 1 year
- Statements of any investments showing financial background of borrower (Fixed Deposits, Shares, Fixed Assets such as land, etc.)
- Sale Deed / Agreement for Sale
- Copy of the approved plan for the proposed Construction / Extension / Addition
- Detailed Cost Estimate / Valuation Report from Bank's Panel Chartered Engineer / Architect
- Allotment Letter of Co-operative Housing Society / Housing Board / NOC from the Society / Association / Builders / Housing Board Legal Scrutiny Report, EC for the past 13 years, Property Tax Paid Receipt, wherever necessary