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Applying for a home loan with HDFC, one of India’s leading housing finance providers, is an exciting step toward making your dream home a reality. While the process may seem overwhelming at first, having a clear understanding of the required documents can make it smooth and stress-free.
Don’t worry—we’re here to help! This guide will take you through the essentials, ensuring you’re well-prepared to submit your application and get one step closer to turning your homeownership aspirations into a reality.
Documents in order, dream home in sight! Make your HDFC home loan journey smoother with us!
HDFC Home Loan Documents
Here are the documents required for home loan in HDFC Bank.
Identity and KYC
| Category | Document Type |
|---|---|
| Mandatory Documents | PAN Card or Form 60 (If the customer does not have a PAN Card) |
| Identity Documents | 1. Passport 2. Driving license 3. Voter ID 4. Job card issued by NREGA 5. Letter issued by the National Population Register 6. Aadhar Card |
Proof of Income
These are the document requirements for salaried and self employed individuals
| Document | Salaried | Self-Employed Professional | Self-Employed Non-Professional |
|---|---|---|---|
| Last 3 months’ Salary Slips | ✔️ | ||
| Last 6 months’ Bank Statements, showing salary credits | ✔️ | ||
| Latest Form-16 and IT returns | ✔️ | ||
| Income Tax Returns along with computation of income for at least the last 2 Assessment Years | ✔️ | ✔️ | |
| At least last 2 years’ Balance Sheet and Profit & Loss A/c Statements | ✔️ | ✔️ | |
| Last 12 months’ Current A/c Statements of the business entity | ✔️ | ✔️ |
Property related documents
Here is the list of all the required documents for home loan HDFC:
For Purchase of a New Home
| Document | Salaried | Self-Employed Professional | Self-Employed Non-Professional |
|---|---|---|---|
| Copy of the Allotment Letter / Buyer Agreement | ✔️ | ✔️ | ✔️ |
| Receipt(s) of payment(s) made to the developer | ✔️ | ✔️ | ✔️ |
For Purchase of a Resale Home
| Document | Salaried | Self-Employed Professional | Self-Employed Non-Professional |
|---|---|---|---|
| Title Deeds including previous chain of the property documents | ✔️ | ✔️ | ✔️ |
| Receipt(s) of initial payment(s) made to the seller | ✔️ | ✔️ | ✔️ |
| Copy of the agreement to sell (if already executed) | ✔️ | ✔️ | ✔️ |
For Constructing a Home on a N.A. Plot
| Document | Salaried | Self-Employed Professional | Self-Employed Non-Professional |
|---|---|---|---|
| Title Deeds of the Plot | ✔️ | ✔️ | ✔️ |
| Proof of no encumbrances on the property | ✔️ | ✔️ | ✔️ |
| Copy of the plans, approved by the Local Authorities | ✔️ | ✔️ | ✔️ |
| Construction estimate by an Architect / Civil Engineer | ✔️ | ✔️ | ✔️ |
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Conclusion
This comprehensive checklist of documents required for an HDFC home loan prepares you well. By following this home loan documents list for HDFC, you can avoid any last-minute hassles and ensure a seamless loan application process. For any further queries, contact Credit Dharma’s team of experts.
Frequently Asked Questions
To apply for an HDFC home loan, you need to submit identity and address proofs. Include income documents like salary slips, bank statements, and IT returns. Property-related papers are also required. Requirements differ for salaried and self-employed individuals.
Salaried individuals need to provide the last 3 months’ salary slips and the last 6 months’ bank statements showing salary credits. Other requirements are latest Form-16 and IT returns .
For a new home purchase, you need to submit a copy of the allotment letter/buyer agreement and receipts of payments made to the developer.
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