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Your Dream Home Awaits – Easy Home Loans for All.

Documents for Home Loan

For home loan approval, you need to submit the following documents for applicant / all co-applicants along with the completed and signed Loan application form.

Document	Salaried	Self Employed Professional	Self Employed Non Professional
Details of ongoing loans of the individual and the business entity including the outstanding amount, instalments, security, purpose, balance loan term, etc.		✅	✅
Own Contribution Proof	✅	✅	✅
Employment Contract / Appointment Letter in case current employment is less than year old	✅
Last 6 months' Bank Statements showing repayment of any ongoing loans	✅	✅	✅
Passport size photograph of all the applicants / co-applicants to be affixed on the Application form and signed across.	✅	✅	✅
Cheque for processing fee favouring HDFC Bank	✅	✅	✅
Latest Form 26 AS		✅	✅
List of Directors and Shareholders with their individual shareholding certified by a CA / CS in case of the business entity being a company		✅	✅
Memorandum and Articles of Association of the Company		✅	✅
Partnership deed in case of the business entity being a partnership firm		✅	✅

Sr No	Description of OVD	Identity Proof	Address Proof
1	Passport, the validity of which has not expired.	✅	✅
2	Driving license which has not expired.	✅	✅
3	Election /Voters identification card	✅	✅
4	Job card issued by NREGA duly signed by the officer of the State Government	✅	✅
5	Letter issued by the National Population Register containing details of name, address.	✅	✅
6	Proof of possession of Aadhaar Number (to be obtained voluntarily)	✅	✅

Purpose	Document	Salaried	Self Employed Professional	Self Employed Non Professional
For Constructing a Home on a N.A. Plot	Proof of no encumbrances on the property	✅	✅	✅
For Constructing a Home on a N.A. Plot	Title Deeds of the Plot	✅	✅	✅
For Constructing a Home on a N.A. Plot	Copy of the plans, approved by the Local Authorities	✅	✅	✅
For Constructing a Home on a N.A. Plot	Construction estimate by an Architect / Civil engineer	✅	✅	✅
For Purchase of a Resale Home	Receipt/(s) of initial payment/(s) made to the seller	✅	✅	✅
For Purchase of a Resale Home	Title Deeds including previous chain of the property documents	✅	✅	✅
For Purchase of a Resale Home	Copy of the agreement to sell (if already executed)	✅	✅	✅
For Purchase of a New Home	Receipt/(s) of payment/(s) made to the developer	✅	✅	✅
For Purchase of a New Home	Copy of the Allotment Letter / Buyer Agreement	✅	✅	✅

Document	Salaried	Self Employed Professional	Self Employed Non Professional
Income Tax Returns along with computation of income for at least the last 2 Assessment Years (of both the individual and the business entity and attested by a CA)		✅	✅
Latest Form-16 and IT returns	✅
Last 6 months' Bank Statements, showing salary credits	✅
Last 3 months' Salary Slips	✅

Home Loan Eligibility

Home loan eligibility is primarily dependent on income and repaying capacity. Other important factors include the customer’s profile, age at loan maturity, age of property at loan maturity, investment and savings history etc.

Important Factor	Criteria
Tenure	Up to 30 years
Nationality	Resident Indian
Profession	Salaried / Self Employed
Age	18-70 years

Classification Of Self Employed

Self-Employed Professional	Self Employed Non-Professional (senp)
Doctor, Lawyer, Chartered Accountant, Architect, Consultant, Engineer, Company Secretary etc.	Trader, Commission Agent, Contractor etc.

How does adding a co-applicant benefit?

Maximum Funding Limits	Maximum Funding Rates
Loans above ₹75 lacs	75% of the property cost
Loans from ₹30.01 lacs to ₹75 lacs	80% of the property cost
Loans up to and including ₹30 lacs	90% of the property cost

Maximum Funding

Home Loan Interest Rates

All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 5.50%

Loan Slab	Interest Rate
For All Loans*	Policy Repo Rate + 2.40% to 7.70%= 7.90% to 13.20%

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