What are the Documents Required for HDFC Home Loan?

Hey Ravi. I can share the documents required for HDFC home loan with you. I have a running home loan at the bank. The bank asked me to submit a set of documents at the time of applying. As I was a self-employed non professional, some documents weren’t needed in my case. I am sharing the document list below to help you.

What are the Documents Needed for Home Loan in HDFC Bank?

Here are the required documents for a self-employed non-professional applicant:

• PAN card or Form 60 (if you don’t have a PAN card)

• ID Proof and Address Proof (Any one of the following): Passport, the validity of which has not expired, job card issued by NREGA duly signed by the officer of the State Government, driving licence which has not expired, election /Voters identification card, letter issued by the National Population Register containing details of name, address, Proof of possession of Aadhaar Number (to be obtained voluntarily).

• Income Proof (Any one of the following)

1. Last 12 months' current A/c statements of the business entity and savings account statements of the individual.

2. At least the last 2 years’ balance sheet and profit & loss A/c statements, with annexures/schedules (of both the individual and the business entity and attested by a CA).

3. 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).

• Property Documents for the purchase of a new home:

1. Copy of the Allotment Letter / Buyer Agreement

2. Receipt/(s) of payment/(s) made to the developer

You’ll also need to submit some other documents for your application. I recommend you ask the loan officer for the same, as they can differ from application to application. This is all about the HDFC Bank home loan documents list.

Here's a comprehensive list of documents needed for home loan in HDFC bank:

Applicants must provide valid documents to establish their identity and address. Acceptable documents include:

• Passport

• Voter ID Card

• Aadhaar Card

• Driving License

• PAN Card (identity proof only)

• Utility Bills (address proof only)

• Bank Statements (address proof only)

This is another important HDFC home loan documents for salaried employees. The required documents vary based on employment type.

• Latest Salary Slips (usually the last 3 months)

• Form 16 or Income Tax Returns (ITR) for the past 2 years

• Bank Statements for the past 6 months

• Income Tax Returns for the last 3 years

• Balance Sheet and Profit & Loss Account for the last 3 years, audited by a CA

• Bank Statements of the business account for the past 6 months

• Business License Details, or any proof of business existence

• Certificate of Practice for professionals (doctors, CAs, etc.)

These are essential to verify the property being financed:

• Agreement to Sell/Sale Deed

• Copy of the Approved Plan

• Title Deeds of the Plot (for land purchase)

• No Objection Certificate (NOC) from the society or builder

• Detailed Estimate of the Construction Cost (for self-construction)

• Completed Application Form with passport-sized photographs

• Processing Fee Cheque

• Proof of Age (birth certificate, school leaving certificate, etc.)

• Proof of Educational Qualifications (if applicable)

HDFC may ask for additional documents depending on the applicant’s profile and the loan amount requested. This could include further financial proofs or clarifications regarding the property. This is all about documents needed for home loan in HDFC Bank.

Read more