Build an asset with a ₹15 lakh Home Loan

Documents required for a ₹10 Lakh Home Loan

• Mandatory documents: Including Home Loan application form and PAN card.
• Documents for proof of identity: Such as Aadhaar card, driving licence, voter ID, passport or government employee ID.
• Documents for proof of address: Includes Aadhaar card, driving licence, voter ID, utility bills, government employee ID, etc.
• Documents for proof of Date of Birth (DOB): Including Aadhaar card with DOB, PAN card, driving licence, birth certificate or Secondary School Certificate marksheet.
• Documents for proof of signature: Such as PAN card, passport, banker’s verification and notarised affidavit.

Additional documents for self-employed applicants:

Income documents

• 2 years ITR (Income Tax Return) with computation of Income
• 2 years profit & loss and balance sheet statement with all the schedules, CA (Chartered Accountant) sign and stamp (not required when ITR is filled under 44 AD)
• 2 years audit report CA (Chartered Accountant) certified with UDIN number (If gross turnover exceeds ₹1 cr or gross receipts exceeds ₹25 lakh) along with all schedules and annexures
• 2 years form 26 AS (to be collected if available, not mandatory at login stage)
• 6 months bank statements (with logo & Bank Name) of primary, personal, and business accounts
• 1 year GST R – 3B
• GST registration certificate
• Office address proof – Utility bill
• 3 years business continuity proof (if 2 years ITR is taken, then no need to take this document)

Other documents

• Completely filled and duly signed application form along with all applicant’s latest passport size photo (Mandatory FATCA & PEP Declaration on application form)
• Existing loan details and 6 months bank statement from where EMI is deducted, if applicable
• For Balance Transfer Cases Only: Sanction Letter, Statement of Account or bank statement reflecting EMI debit (Document showing applicant / co-applicant on loan structure- Sanction letter/ SOA/ RPS/ Loan Agreement copy)
• For Balance Transfer Cases- LOD (List of documents) & Foreclosure Letter (Not required at login but for legal report and disbursement respectively)
• Property Documents (Transaction Specific)
• Vernacular, OVD (Original Verified documents) Affidavit, if required
• Processing Fee Cheque in Favor of Axis Bank for Login (As per current grid)
• Eligibility sheet as per product (highly recommended but not mandatory at login stage)

Additional documents for salaried applicants:

Income documents

• 3 Months’ Salary Slip
• 2 years Form 16 (Part A and B)
• Only 1 year Form 16 if salary above ₹50,000 or CSG customer
• 6 months bank statements (reflecting 6 salary credits)
• If bonus considered - Salary slip and Banking for same
• If Increment considered - Increment Letter, Salary slip, Banking for Same
• Job continuity proof, if same cannot be established from salary slip/form 16

Other documents

• Completely filled and duly signed application form along with all applicant’s latest passport size photo (Mandatory FATCA & PEP declaration on application form)
• Existing loan details and 6 months bank statement from where EMI is deducted, if applicable
• For Balance Transfer Cases Only: Sanction Letter, Statement Of Account or bank statement reflecting EMI debit (Document showing applicant / co-applicant on loan structure- Sanction letter/ SOA/ RPS/ Loan Agreement copy).
• For Balance Transfer Cases- LOD (List of documents) & Foreclosure Letter (Not required at login but for legal report and disbursement respectively)
• Property Documents (Transaction Specific)
• Vernacular, OVD (Original Verified documents) Affidavit, If Required
• Processing Fee Cheque in Favor of Axis Bank for Login (As per current grid)
• Eligibility sheet as per product (highly recommended but not mandatory at login stage)

Additional documents for NRI salaried applicants:

Income documents

• Last 3 months salary slip
• Last 6-month international salary account statement (6 salary credits)
• Last 6-month domestic NRE/NRO account statement
• 6 months bank statements (reflecting 6 salary credits)
• Last 2 yrs. ITR (If available) or equitable document
• W2 Form or equivalent document for the respective country
• Appointment letter/Offer letter/Contract Letter of company
• Continuous Discharge Certificate for shipping cases
• Overseas credit report (Except Middle East)
• GPA (General Power of Attorney) required as per banks format- duly attested by Indian embassy, signed and the validity of franking is not expired (If customer is outside of India). If the customer is in India, then GPA to be duly stamped, notarized and signed.
• Valid Visa/OCI Card - Visa is necessary to be work visa / employment visa / long term resident visa. Short term business visa / travel visa not to be accepted.
• Passport Copy (Both front and back side of passport)
• Overseas address proof

Other documents

• Completely filled and duly signed application form along with all applicant’s latest passport size photo- Confirmation from NRI borrower obtained for the loan application signed by GPA (Mandatory FATCA & PEP Declaration on application form)
• NRI case where the documents are submitted by NRI applicant directly from overseas / through POA - customer passport copy is attested by the Indian Consulate / Notary Public / Bank Manager at the place of residence of the NRI.
• Existing loan details and 6 months bank statement from where EMI is deducted, If Applicable.
• For Balance Transfer Cases Only: Sanction Letter, Statement of Account or bank statement reflecting EMI debit (Document showing applicant / co-applicant on loan structure- Sanction letter/ SOA/ RPS/ Loan Agreement copy).
• For Balance Transfer Cases- LOD (List of documents) & Foreclosure Letter (Not required at login but for legal report and disbursement respectively)
• Property Documents (Transaction Specific).
• Vernacular, OVD (Original Verified documents) Affidavit, If Required
• Processing Fee Cheque in Favor of Axis Bank for Login (As per current grid)
• Eligibility sheet as per product (highly recommended but not mandatory at login stage.)