Documents Required for Loan Against Property
Documentation Checklist* for Loan Against Property
- Proof of Identity and Signature
- Proof of Address (Office & Residence)
- Income Documents:
Salaried: Latest 2 salary slips and last 2 years IT Returns / Form 16
Self Employed Professionals: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
Self Employed Businessmen / Retail SME Enterprises: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
• Last 6 months bank statement of salary / main operating bank account
• Details of all existing loans
• Additional Documents in case of Partnership Firms: Partnership Deed
• Additional Documents in case of Private / Public Limited Company: Memorandum & Article of Association and List of Directors & Shareholders
• Copies of all property documents
*The check list is only indicative and not exhaustive. Depending upon the local requirements at different places addition could be made as per necessity
Check Documents Requirement for other loans in India: