HDFC Home Loan Documents

HDFC Home Loan Documents for Salaried/Self-employed Applicants

For availing HDFC home loans, following documents need to be furnished:

• Duly filled and signed HDFC home loan application form
• Passport size photographs with signatures across
• Processing fee cheque in favour of HDFC Bank
• Own contribution proof
• Proof of Identity – PAN Card, Passport, Voter ID, Driving License

HDFC Home Loan Proof of Income Documents

For Salaried Applicants:

• Salary slips for last 3 months
• ITR and Form 16
• Bank account statement for past 6 months showing salary credit

For Salaried Applicants:

• ITR with income computation for past 3 assessment years of both individual and business entity (duly attested by a CA)
• Current account statement of business entity for past 6 months and savings account statement of the individuals of both individual and business entity (duly attested by a CA)
• Balance sheet and profit and loss account statement for last 3 years, with schedules and annexures

Note: Some banks and HFCs that offer home loans to those receiving their salaries in cash or do not have adequate income proofs. Some of those home loan options include Unnati Home Loan from PNB Housing Finance, HDFC Reach Home Loan, Griha Suvidha Home Loan from LIC Housing Finance, Gruh Setu Home Loan from Piramal Capital and Housing Finance and IDFC First Bank Home Loan.

Property-related HDFC Home Loan Documents

For New Home –

• Allotment letter copy/Buyer agreement
• Payment receipt made to the developer

For Resale Home –

• Title deeds including previous chain of property documents
• Agreement to sell copy
• Initial payment receipt made to the seller

For House Construction –

• Title deed of plot
• Copy of the plan approved by Local Authorities
• No encumbrance proof on the property
• The total estimate of construction by a Civil Engineer/Architect

Other Documents

For Salaried Applicants:

• Bank Statement for last 6 months with loan repayment record
• Appointment letter/Employment contract if current employment is less than an year old

For Self-Employed Applicants:

• Business profile
• Form 26AS
• Memorandum and Articles of Association of the Company
• List of shareholders and directors with the individual certified by a CA/CS in case business entity is a company
• Details of current loans of the individual and business entity including installments, outstanding amount, purpose, security, balance loan term, etc.

Check: Eligibility Criteria for Home Loan

HDFC Home Loan Documents for Balance Transfer

• A letter from the existing lender on his letterhead mentioning the list of property documents held by them
• Photocopy of property documents
• A letter from the existing financial institution on their letterhead showing latest outstanding balance

Also Check: Home Loan Rates

Additional Documents for Rural Housing Loan

Income Proof:

• Bank Statement for past 6 months
• Copy of Title Documents of Agricultural Land depicting land holding and crops being cultivated

Other Documents:

• Bank statement for last 6 months showing loan repayment record
• Passport size photographs signed across
• Own contribution proof
• Processing fee cheque in favour of HDFC Bank
• Statement of past 2 years of loans availed

Note: All documents must be self-attested. Besides the list of documents mentioned above, more documents may be sought for availing HDFC Home Loans.