Orion Realtors Gurgaon
A Home loan means a amount of money borrowed from bank or any financial institution to purchase a flat or house. It consists of a fixed or variable interest rate and payment plans and terms. A certain rate of interest to be paid with the EMI every month. The property papers are taken as a security by the Bank for the Home Loan. It can also be taken for construction of a house over a piece of land or ready to move-in property by mortgaging the same to the bank 'The property can either be commercial or personal in nature'

The amount of loan is decided by Bank on the basis of income of the Borrower and the purchase value as well as market value of the property. The property to be purchased should legally and technically be acceptable for the purpose of creating mortgage.

Documents Required for Home Loan


Documents Salaried Self Employed Professional Self Employed Non Professional
Application form with photograph duly signed Property Loan Icon Property Loan Icon Property Loan Icon
Identity, residence & age proof: PAN Card, Passport, Aadhaar Card & Voter’s ID Property Loan Icon Property Loan Icon Property Loan Icon
Last 6 months bank statement of salary A/C Property Loan Icon Not Required Not Required
Last 3 months Salary-slips Property Loan Icon Not Required Not Required
Processing fee cheque Property Loan Icon Property Loan Icon Property Loan Icon
2 Years Form 16 / Income Tax Returns with Computations Property Loan Icon Property Loan Icon Property Loan Icon
Proof of business existence Not Required Property Loan Icon Property Loan Icon
Business profile Not Required Not Required Property Loan Icon
Education qualification certificate and proof of business existence Not Required Property Loan Icon Not Required
Proof of business existence Not Required Property Loan Icon Property Loan Icon
1 years bank statements of all A/C Not Required Property Loan Icon Property Loan Icon
Last 3 years Income Tax Returns with computation of Income Not Required Property Loan Icon Property Loan Icon
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account Not Required Property Loan Icon Property Loan Icon