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There are certain term and conditions which every Indian Citizen are required to follow to get loan from financial institutions to buy a property in India. Discussed below are key list of documents to be submitted when applying for home loan categorized as -  

SALARIED INDIVIDUALS
•    Salary slip/Form 16 A.
•    A photocopy of Ration card/ PAN card/ latest Telephone or Electricity bills.
•    A photocopy of Investments (FD Certificates, Shares, fixed asset or any other documents in respect of the financial background of the borrower.
•    A photocopy of LIC policies along with the latest premium payment receipts (if any).
•    Photographs (as applicable).
•    A photocopy of bank statement for the last six months.


SELF-EMPLOYED/BUSINESSMEN
•    Business/Profession – a brief introduction
•    Balance Sheet, Profit and Loss account and statement of income along with Income Tax returns for last three years certified by a CA.
•    A photocopy of Advance Tax payments (if applicable).
•    A photocopy of Registration Certificate of establishment under Shops and Establishments Act/Factories Act.
•    A photocopy of Registration Certificate for deduction of Profession Tax (if applicable).
•    The last 6 months Bank statements of Current and Saving accounts.
•    A photocopy of Certificate of Practice (if applicable)
•    A photocopy of any bank loan (if applicable).
•    A photocopy of Ration card/ PAN card / Telephone bill /Electricity Bills
•    A photocopy of LIC policy (if applicable).
•    A photocopy of LIC policy (if applicable).


WHEN PURCHASING A FLAT DIRECTLY FROM THE BUILDER
•    Original copy of an agreement between you and the builder.
•    7/12 extract or property register card of the land which is under-construction.
•    Index II extract of your agreement with the builder.
•    Copy of N.A. permission for the land from the collector.
•    Last 30 years search and title report.
•    Development agreement between land owner and builder.
•    Copy of order under the Urban Land Ceiling Act.
•    Copy of building plans sanctioned by the competent authority.
•    Commencement certificate granted by Corporation / NagarPalika.
•    Building completion certificate(if available).
•    Latest taxes payment receipts.
•    Partnership deed or memorandum of association of the builders.


WHEN ACQUIRING THE PROPERTY IN COOPERATIVE SOCIETY
•    Original share certificate of the Society.
•    Allotment letter from the society in your name.
•    Copy of the lease deed, if executed .
•    Certificate of the registration of the society.
•    No objection certificate from the society.
•    7/12 extract or property register card in the society's name.
•    Copy of N.A permission for the land from the collector.
•    last 30 years Search and title report.
•    Copy of order under the Urban Land Ceiling Act.
•    Copy of the building plans sanctioned by the competent authority.
•    Commencement certificate granted by Corporation / NagarPalika.
•    The latest receipts of taxes paid.
•    Original Agreement to assign / Deed of assignment.


IF CONSTRUCTING HOME BY BUYING YOUR OWN LAND
•    Original sale deed of land and extract of Index II.
•    12 extract or property register card in your name.
•    Copy of N.A. permission for land from the collector.
•    Last 30 years Search and title report.
•    Copy of order under Urban Land Ceiling Act.
•    Copy of the building plans sanctioned by the competent authority.
•    Building permission granted by Corporation / Nagar Palika.
•    The latest receipts of taxes paid.
•    Estimate of cost of construction certified by the architect.