What documents are needed for home loan processing?
Applying for a home loan is a significant financial decision, and to ensure a smooth process, it's essential to have the right documentation in place. Financial institutions in India require a standardized set of documents to verify eligibility and calculate home loan interest, tenure, and EMI (Equated Monthly Installment) using tools such as the house loan EMI calculator India or the home loan interest EMI calculator.
Below is a list of the essential documents typically needed for home loan processing:
1. Identity Proof (any one of the following):
Aadhar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof:
Utility bills (Electricity/Water)
Ration Card
Bank Passbook with address
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