Documents Required for Home Loan

Documents Required

Documents to be submitted before loan disbursement

Axis Bank ensures a secure and transparent loan disbursement process, necessitating the submission of specific documents and adherence to certain checks and controls. Below is list of the essential documents required for Home Loan:

Document Type Required Documentation and Checks
Loan Agreement and Annexures- Loan agreement according to product type - Filled, signed & stamped annexures
- MCLR consent letter, schedule of loan agreement, List of Documents (LOD)
- Disbursement request letter, FRG GPA document for NRIs, indemnity for under-construction projects, guarantor agreement (if applicable)
- Authentication of any alterations by applicants
NACH/ SI and Security Cheques- NACH/SI mandate with a signed cancelled cheque matching the A/C holder's name
- SPDC: Post-dated cheques for EMI, one undated cheque with blank amount, one for PEMI amount
Loan Cover/ Insurance Details- Mandatory property insurance application form
- General and life insurance application forms (if applicable)
Processing Fee/ Equitable Mortgage Cheques- Processing fee cheque
- Equitable mortgage charges/ stamping charges favouring "AXIS BANK LTD A/C SERVICE CHARGES"
Property Documents- As per transaction type and bank's policy
- For balance transfers: Previous financier's list of documents, latest loan A/C statement, existing loan details, Axis Bank format annexures
Own Contribution Receipts- Receipts of own contribution
- Bank statement showing debit of own contribution
Sanction Letter- Accepted sanction letter signed by all applicants or power of attorney
- Fulfilment of all sanction conditions
TDS- TDS challan & bank statement if paid by the applicant
- Undertaking cum indemnity to deduct TDS if not paid by the applicant
PSL Documents- Financial documents like audited balance sheets, CA certificates, invoices for investments
- GST registration certificate
- For LAP cases: PSL Annexures
Other Documents- Letter for EMI options in partly disbursed case
- Dual name affidavit, PMAY affidavit
- Amenities agreement signed by 3rd parties
- End-use letter for Top Up/LAP/LAP top-up cases

Before loan disbursement, it's essential to meticulously prepare and submit the Home Loan documents list as per the above specifications to facilitate a smooth transaction.

Click here to download the list of documents mentioned above.

List of documents required for Disbursement

List of documents required for Sanction

Disclaimer: This is an indicative list only. Additional documents may be asked for on a case-to-case basis.

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