Documents Required for Home Loan

Home Loan Required Documents

Our Home Loan solutions cater to your all home financing needs. With a loan amount of up to ₹ 10 Crore* available at attractive interest rates, we ensure the best borrowing experience for your dream property. You can get funding of up to 90% of your property's value, minimising the down payment. Planning to buy a new house? Learn about the documents required for a Home Loan application.

List of Documents Required for Home Loan

Documents Required*	Age Proof	Address Proof	Photo ID Proof
Aadhaar Card	y	y	y
Passport	y	y	y
PAN Card	y		y
Voter ID		y	y
Utility Bill		y
Driving Licence		y
Registered Rent Agreement		y

Documents Required To Increase Loan Amount

To ensure higher eligiblity on your loan application, please provide the required income proof documents. These documents help us assess your financial capacity and determine your loan eligibility

- Co-applicant income

- Other verifiable income sources

List of Income Proof Required Based Employment Type

To ensure a smooth loan disbursement process, you should have the following documents ready. These documents will be verified to confirm your eligibility, loan details, and assess your financial capacity. Having these documents readily available will expedite the verification process and enable us to proceed with the loan disbursement

Salaried Individuals	Self-Employed Professionals	Self-Employed: Non-Professionals
Salary slips for the last 3 months	Latest two ITRs (personal and business) with computation of income	Latest 2 years ITRs with computation for individual applicants and co-applicants (if borrower is an individual)
Bank statements for 1 year	Advance tax challans (if available)	Bank account statements (current and savings accounts) for the last 1 year
Latest Form 16	Latest two years of P&L accounts and balance sheets (with schedules), certified by a CA (both personal and business)	Latest 2 years of audited/CA-certified profit & loss accounts and balance sheets of the firm/company (if borrower is a firm/company)
	Bank account statements (current and savings accounts) for the last 1 year	Proof of Business (GST / Shop Establishment/Udayam Aadhar, etc.)
	Qualification Proof of professionals	MOA & AOA & Certificate of Incorporation
		For Partnership Firm-Partnership Deed
Additional documents can be asked

FAQs & Support

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How frequently can I repay my home loan ahead of schedule?

There is one part pre-payment option available for each quarter.

Can I get an additional loan in my existing loan account?

You could get additional loan in your existing loan subject to your repayment history and credit norms of the company. Kindly get in touch with our Sales Representative for further details.

Are there any restrictions on transfer of immovable properties?

In terms of Chapter XX C of the Income Tax Act, 1961, the Central Government has the first option to purchase certain immovable properties exceeding certain value and as such transactions covered by this Chapter can be proceeded with only after complying with the requirements prescribed therein.

How will LTF decide my Home Loan eligibility?

LTF assesses a customer's repayment capacity based on various criteria - including income, age, qualifications, number of dependents, spouse's income, assets, liabilities, stability and continuity of occupation, savings history, etc.

How is loan repaid?

All loan repayment are done via equally monthly instalments.

What are the benefits of Home Loan?

Home Loan can help you secure the home you've always wished for. Additionally, it can also allow you to renovate, refurbish or redo your home, exactly the way you want.

What is pre-EMI interest?

In the case of part disbursement of the loan, monthly interest is payable only on the disbursed amount. This interest is called pre-EMI interest (PEMI) and is payable monthly till the final disbursement is made, after which the EMIs would commence.

Can the EMI calculator help me plan my Home Loan repayment?

Yes, the calculator can help you plan your repayments by showing you the total interest payable, the principal amount paid each month, and the remaining loan balance.

What is the processing time of loan?

We are committed to giving the best in class service. We will ensure the fastest turnaround time for processing the loan is 6-10 working days ensuring faster TAT. Subject to complete documentation and due diligence.