HDFC Home Loan Documents Required

Individuals who wants to apply for HDFC home loans need some documents to submit. Following are the HDFC home loan documents customers would need to submit for all applicants/co-applicants:

Checklist of Documents Required for HDFC Home Loan:

List of HDFC Home Loan Documents for Salaried Individuals

• Duly filled and signed HDFC Home Loan Application Form.
• Proof of identity – A copy of any one of the proofs of identity such as Aadhaar, PAN, Passport, Voter ID, Driving License, etc.
• Proof of residence – A copy of any one of the proofs of residence such as Aadhaar, Passport, Voter ID, Driving License, etc.
• Proof of income – A copy of the following documents:
  • Last 3 months’ Salary Slips
  • Last 6 months’ Bank Statements, showing salary credits
  • Latest Form-16 and IT returns
• Property related documents –A copy of the following documents:
  • For New Homes:
    • A copy of the Allotment Letter / Buyer Agreement
    • Receipt/(s) of payment/(s) made to the developer
  • For Resale Homes:
    • Title Deeds including previous chain of the property documents
    • Receipt/(s) of initial payment/(s) made to the seller
    • A copy of the agreement to sell (if already executed)
  • For Construction:
    • Title Deeds of the Plot
    • Proof of no encumbrances on the property
    • A copy of the plans, approved by the Local Authorities
    • Construction estimate by an Architect / Civil engineer
  • Other related documents – A copy or original of the following documents:
    • Own Contribution Proof
    • Employment Contract/Appointment Letter if the current employment is less than a year old
    • Last 6 months’ Bank Statements showing the repayment of current financial liabilities
    • Passport size photo of the applicant and co-applicant (if any) affixed on the HDFC home loan application form and signed by the applicant across.
    • Cheque to pay processing fee favouring HDFC Ltd.

List of HDFC Home Loan Documents for Self-employed Individuals

• Duly filled and signed HDFC Home Loan Application Form.
• Proof of identity – A copy of any one of the proofs of identity such as Aadhaar, PAN, Passport, Voter ID, Driving License, etc.
• Proof of residence – A copy of any one of the proofs of residence such as Aadhaar, Passport, Voter ID, Driving License, etc.
• Proof of income – A copy of the following documents:
  • Income Tax Returns (ITR) along with the calculation of income for the last 3 Assessment Years. These documents are required with respect to both the individual and the business entity. Also, the documents must be attested by a CA.
  • Balance Sheet and Profit & Loss Account Statements of the last 3 years along with Annexures / Schedules. Again, these documents are required with respect to both the individual and the business entity. All documents must be attested by a CA.
  • Last 6 months’ Current Account Statements of the business entity and Savings Account Statements of the individual
• Property related documents –A copy of the following documents:
  • For New Homes:
    • A copy of the Allotment Letter / Buyer Agreement
    • Receipt/(s) of payment/(s) made to the developer
  • For Resale Homes:
    • Title Deeds including previous chain of the property documents
    • Receipt/(s) of initial payment/(s) made to the seller
    • A copy of the agreement to sell (if already executed)
  • For Construction:
    • Title Deeds of the Plot
    • Proof of no encumbrances on the property
    • A copy of the plans, approved by the Local Authorities
    • Construction estimate by an Architect / Civil engineer
  • Other related documents – A copy or original of the following documents:
    • Own Contribution Proof
    • Business Profile
    • 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 if the business is in partnership
    • Details of current loans of the individual and/or the business entity
    • Passport size photo of the applicant and co-applicant (if any) affixed on the HDFC home loan application form and signed by the applicant across
    • Cheque to pay processing fee favouring HDFC Ltd.

List of HDFC Home Loan Documents for Agriculturists

• Signed HDFC Rural Housing Loan Application Form
• Proof of identity –A copy of any one of the proofs of identity such as Aadhaar, PAN, Passport, Voter ID, Driving License, etc.
• Proof of residence –A copy of any one of the proofs of residence such as Aadhaar, Passport, Voter ID, Driving License, etc.
• Proof of income –A copy of the following documents:
  • Title documents of Agricultural Land depicting land holding
  • Title documents of Agricultural Land depicting crops being cultivated
  • Bank statements of last 6 months
• Other related documents – A copy or original of the following documents:
  • Bank statements of last 6 months showing the repayment of any on-going loan(s)
  • Passport size photo of the applicant and co-applicant (if any) affixed on the HDFC home loan application form and signed by the applicant across.
  • Cheque to pay processing fee favouring HDFC Ltd.
  • Own contribution proof
  • Statement of the last 2 years of loans availed (if any)

List of Documents for HDFC Balance Transfer Loan

• A letter on the letter head of the existing lender stating the list of property documents held by them
• Latest outstanding balance letter from your existing financial institution on their letter head
• Photocopy of the property documents (including Own Contribution Proof)

Note: All documents must be self-attested. Besides the list of documents mentioned above, the lender may ask for more or less.