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Q.

What is Aavas Finance Home Loan Documents?

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Hi, I am aware of the Aavas Finance home loan documents. I applied for their home loan in June and submitted a few documents. I also happen to work at the bank, so I would be the best person to share the comprehensive list including the documents needed for both salaried and non-salaried applicants. These include ID proof, income proof, address proof and some more.

What are the Aavas Home Loan Documents Required?

Here are the needed documents, which are common for both salaried and self-employed applicants :

Address Proof

Any 1 of the following documents:

  • Aadhaar Card

  • Voter ID Card

  • PAN Card

  • Valid Driving Licence

  • Valid Passport

ID Proof

PAN Card (mandatory) and 1 one of the following documents

  • A Valid Passport

  • Aadhaar Card

  • A Valid Driving Licence

  • PAN Card

  • Voter ID Card

Property Documents

  • Receipt/s of payment made to the builder or developer

  • Copy of Allotment letter/Seller's Agreement

Documents Specific to Salaried Applicants

Income Proof

  • Salary Slips/ Bank Statements/ Form-16

  • Salary certificate (cash salaried cases)

  • Valid Driving Licence

Other documents

  • Application form with photograph duly signed

  • Previous 6 months’ bank statements

  • Processing fee cheque

Documents Specific to Self-Employed Applicants

Income Proof

  • IT Returns and/ or Financial Statements of the last 3 years

  • Informal Income Documents

Other documents

  • Application form with photograph duly signed

  • Proof of business existence

  • Previous 6 months’ bank statements

  • Processing fee cheque

So, these are all the documents you must submit to get a home loan from the bank. I hope this helps.

Get Minimum Documentation For Your Home Loan via NoBroker Home Loan Service! Some related information:

What is the Aavas Finance Home Loan Interest Rate?

 

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