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Query: What type of documents are required as income proof for applying home loan

Category: Finance

Answer: For applying Home Loan, as income proof, we need to provide the copy of following documents (most commonly accepted by all the banks): - 1. ITR (Income tax returns) of 3 consecutive Years including current year 2. In case of business the certified copies of balance sheet & profit & loss account of 3 years also along with ITRs. 3. In case of salaried employee salary slip of last 3 months along with form 16 of last 3 years. 4. Latest bank statement of 6 months. 5. Copy of contracts or agreement if major income is from few contracts etc.

Date Posted 26-Jan-2020
Posted By Kumar Prakash
Views: 465

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