Check List for home loan

1. Income Tax Return ( latest 3 Years along with Balance sheet, computation of Income, P & L , T.D.S., form 26AS)
2. Shop Act License/ Other equivalent license
3. Original 1 Year Bank Statement of all Accounts
4. Pan Card Xeroxs(both,if co applicant)
5. Residence Proof (light bill)
6. 2 Photo (Passport size)
7. All current loan complete statements
8. Previous loan closure letters (if any)
9. All Types of Investment Proof(LIC POLICY)
10. Processing Fees Cheque
11. Self Sign on each & every Page
12. All property Papers with sanction plan

Documents of applicant

1. Complete application form with 2 photographs
2. Copy of passport
3. Qualification proof
4. Appointment letter/ Contract letter with latest CTC
5. Salary slips for last 6 months
6. Bank statement for last 6 months (Salary a/c in the respective country and NRI/ NRE a/c maintained in India)
7. Pervious experience proof (If the job is switched over within last 3 years)
8. NRI Undertaking Letter (In our format)
9. Power of Attorney (In our format)

Documents of power of attorney:

1. 2 photographs
2. Copy of PAN card/ Voter ID Card / Passport
3. Residence proof

Notes

The documents of the applicant needs to be verified with original. If the applicant is in India at the time of application and is having the above documents in original the same can be verified by the Official of LIC Housing Finance Ltd. Otherwise, the income documents of the applicant, passport, visa etc should be got attested by authorized official of the Indian Embassy / India Consulate/Trade Commissioner of India in that Country or authorized officer of LIC International E.C. or authorized officer of any Nationalized Bank, authorized officer of any company owned by Government of India.

Execution of Power of Attorney:

When Power of Attorney is Executed in India by NRI

1. The Power of attorney is to be executed on a non-judicial stamp paper of the requisite value as per stamp duty prevalent in the respective state.
2. Each page of the Power of Attorney and wherever blanks are filled in should be initialed by the executants (all applicants to the loan). Power of Attorney should be signed by the Attorney on the last page.
3. Power of Attorney should be notarized by a Notary Public.

When Power of Attorney is Executed outside India by NRI

1. The power of Attorney should be first typed on a plain sheet of paper. Each page of the Power of Attorney and wherever the blanks are filled in should be initialed by the executants.
2. The signature of the executant/s should be attested by any authorized official of the Indian Embassy/ Indian Consulate/Trade Commissioner of India in the country where the applicant resides.
3. The POA is then sent to India where the Attorney signs the POA. The POA then needs to be stamped and notarized by the Notary Public.

All property Papers Xerox (Agreement+ Chain of documents+ Master File+ Sanction Plan+ Possession Letter/ Completion Letter+ Builder/ Society NOC)

From BANK :-

1. Complete Loan Statement
2. Loan Forecloser Quotation
3. List of Document With Address

COMMON DOCUMENTS:

1. Original 6 months bank statement (with bank stamp)
2. Pan card Xerox
3. Residence proof
4. 2 photographs
5. Any loan detail (12 months loan statement)
6. Investment proof (LIC/ F.D)
7. Processing fees cheque
8. Self sign on each & every page
9. Complete application form
10. Latest PMC Tax Receipt
11. Latest 3 months salary slip (with stamp)
12. 2 years form no.16
13. Appointment letter + Confirmation & CTC
14. Previous job proof (reliving letter)
15. Highest qualification proof

All property Papers Xerox (Agreement+ Chain of documents+ Master File+ Sanction Plan+ Possession Letter/ Completion Letter+ Builder NOC/ Society NOC) Latest PMC Tax paid Receipt

From current BANK :-

1. Complete Loan Statement
2. Loan Fore closer Quotation
3. List of Document With Address

COMMON DOCUMENTS:

1. Bank statement Last one year( individual + firms)
2. Pan card Xerox (both)
3. Residence proof
4. 2 photographs each
5. Any other loan detail (complete)
6. Investment proof (LIC/ F.D)
7. Processing fees cheques
8. Self sign on each & every page
9. Complete application form
10. ITR 3 years (Computation of Income, Profit & Loss A/c, Balance Sheet, Tax Paid Receipt)- Individual + Company
11. Shop Act License