Documents Required For Home Loan
For a Home Loan, applicants are required to submit essential Home Loan documents for identity, address and income verification. The documents required for a Home Loan include:
KYC documents: Aadhaar, Passport, Driving License, Voter ID or NREGA Card
For salaried applicants: Latest Form 16, one-month salary slip and last 6 months’ bank statements
For self-employed applicants: Income Tax Returns (ITR),Profit & Loss account, Balance Sheet and GST returns
These documents help in the smooth verification and faster processing of the Home Loan application.
List of Documents required for Home Loan Based on profile
Individuals:
Identity proof and address proof of individuals: Aadhaar or Passport or Driving License or Voter ID or National Rural Employment Guarantee Act (NREGA) Card or Letter from the National Population Register (NPR) containing details of your name and address.
DOB Proof: Passport/Driving License/Voter ID/NREGA Card/Letter from the NPR containing details of your name and address.
Non-Individuals (Entity):
Proof of identity: Registration Certificate including Udyam Registration Certificate (URC) issued by the Government/Certificate/License issued by the municipal authorities under Shop and Establishment Act/Sales and Income Tax returns/CST/VAT/GST Certificate/Certificate/Registration document issued by Sales Tax/Service Tax/Professional Tax authorities/ IEC (Importer Exporter Code) issued to the proprietary concern by the office of the Directorate General of Foreign Trade (DGFT)/License/Certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute/Complete Income Tax Returns (not just the acknowledgement) in the name of the Sole Proprietor where the firm's income is reflecting, duly authenticated/acknowledged by the Income Tax authorities/Utility bills such as electricity, water, landline telephone bills etc.
Note: For sole proprietorship concerns, any of the above-mentioned two documents are required.
Proof of address: GST Certificate/Business Registration Certificate/Gumasta License/Udhyam Registration Certificate/Bank statement (not to be considered for entity proof)/Utility Bill/ITR/Rent Agreement with utility bill within 2 months.
Note: If the registered address and permanent address of the entity are different – proof is required in both cases.
Additional Home Loan Documents are Required for the Below Entities
Partnership Firm: Partnership Deed
Limited Liability Partnership: LLP Agreement and Certificate of Incorporation, List of designated partners and latest profit-sharing ratio certified by a Chartered Accountant (CA)/Company Secretary (CS)
Public & Private Limited Co. (Even if there is only 1 director): Certificate of Incorporation, Memorandum of Association (MOA) and Articles of Association (AOA), CA/CS certified latest list of Directors and Shareholders with their names, date of birth, nationality and address
Trust: Trust Deed with Registration Certificate, list of all beneficiaries, trustees, settlors, protectors and authors of the trust, containing their names and Date of Birth
Society: By-laws/Memorandum of a Society with Registration Certificate, list of members with their names, address and Date of Birth
HUF: List of Adult Coparceners (Joint Heirs) attested by the Karta (Head of the family)
Authorised signatory along with KYC and Relationship Segment details in case of Private/Public Limited Companies/Limited Liability Partnerships/Partnership Firms/Trust/Society
List of Directors and Senior Management details in case of Private/Public Limited Companies
Legal Entity Identifier (LEI) Certificate of non-individual borrowers having a banking system exposure of ₹ 5 crore and above.
Home Loan Beneficial Owner Details with KYC Documents, as below.
In case of Company/Partnership Firms/Limited Liability Partnership, more than 10% of shares/capital/profit of the company
In case of Unincorporated Association or Body of Person/Individual, more than 15% of capital/profit of the company
In case of author of the trust, the trustee, the beneficiaries with 10% and more interest in the trust.
List of Documents required for Home Loan by Employment Type
Employment Type | Documents Required |
Salaried | Latest Form 16 Latest one-month salary slip Bank statements of the last 6 months |
Self-Employed | Last 6 months’ bank statements of all operative accounts Last 2 years CA Certified or Audited Income Tax Returns (ITR) Computation of income Profit and Loss Account Statement Balance Sheet GST returns of the last 1 year |
Disclaimer This is an indicative list only. Additional documents may be required for a case-to-case basis.
Documents to be Submitted Before Loan Disbursement:
Applicants must submit essential documents for Home Loan verification before disbursement. Documents required for a Home Loan include identity proof, address proof, proof of date of birth and signature proof along with income documents based on applicant type.
Document Category | Salaried Individuals | Self-Employed Individuals | Partners/Directors |
Mandatory Documents | Application Form, PAN Card | Application Form, PAN Card | Application Form, PAN Card |
Proof of Identity | Aadhaar Card, Valid Passport, Voter ID, Valid Driving Licence | Aadhaar Card, Valid Passport, Voter ID, Valid Driving Licence | Aadhaar Card, Valid Passport, Voter ID, Valid Driving Licence |
Proof of Address | Aadhaar Card, Utility Bills | Aadhaar Card, Utility Bills | Aadhaar Card, Utility Bills |
Disclaimer: Additional documents may be required based on case assessment.
Home Loan Fees and Service Charges
ICICI Bank offers higher home loan eligibility and lower EMIs at attractive interest rates in India. Please click here to know more about fees and service charges applicable for ICICI Bank Home Loan.