Generally the documents required to processing your loan application are almost similar across all the banks; however they may differ with various banks depending upon specific requirement etc. Following documents are required by financial institutions to process the loan application:
Identity Proof
Age Proof
Address Proof
Income Proof of the applicant & co-applicant
Last 6 months bank A/C statement
Passport size photograph of the applicant & co-applicant
In case of Salaried
- Employment certificate from the employer,
- Copies of pay slips for last few months and TDS certificate
- Latest Form 16 issued by employer Bank statements
In case of Self-employed
- Copy of audited financial statements for the last 2 years
- Copy of partnership deed if it is a partnership firm or copy of memorandum of association and articles of association if it is a company
- Profit and loss account for the last few years
- Income tax assessment order
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If you are looking for home loans don't forgot to check documents required for home loan before applying
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