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Documents Required for Canara Bank Home Loan

Documents Required for Canara Bank Home Loan : Canara Bank is undoubtedly one of the best banks in India. It offers a various types of Home Loans to its customers. By taking a home loan from Canara Bank, you can easily pay the loan amount through easy EMIs. If you are looking to apply for Home Loan in Canara Bank, you must know about the documents needed for Canara Bank Home Loan. Once you know about all the documents required to apply for Canara Bank Home Loan, you can complete the remaining formalities and wait for the bank to approve your Home Loan Application. Once your Home Loan Application is approved, you will need to submit your documents and down payment to start your Canara Bank Home Loan.

Documents Required for Canara Bank Home Loan

The main formalities to get Canara Bank Home Loan is to check your Eligibility, Documents and the Down Payment Amount. Once you qualify for the above three, you will have no problem in getting a Home Loan from Canara Bank. Let us know about some important Canara Bank Home Loan Documents.

Documents Required for Canara Bank Home Loan

There are 10 important documents required for Canara Bank Home Loan which are as follows :

1. Duly filled loan application form

2. 2 passport size photographs

3. Sale Deed

4. Sale Agreement

5. Copy of the approved plan for the construction, extension or addition to the house.

6. Cost estimate / valuation report provided by Bank’s Architect/ Chartered Engineer

7. Allotment letter from the Apartment Owners’ Association / Co-operative Housing Society/ Housing Board or NOC from the Society/ Association/ /Builders/ Housing Board

8. Legal Scrutiny Report, EC for the past 13 years, and permission for mortgage, and Property Tax paid receipt when required.

9. Salaried Individuals: Salary Certificate and Form No.16

10. Non-salaried persons: Last two years’ IT Returns

Self-Employed: A brief note in the requisite format, with details about the business, such as type of organization, year of establishment, etc. Past three years’ Balance Sheet and P&L Account.

This is the complete list of Documents Required for Canara Bank Home Loan. Get your Canara Bank Home Loan documents ready to apply for Home loan now!

Final Words :

If you are eligible for Canara Bank Home Loan, gathering the Canara Bank Home Loan Documents will not take much time. It is always a good practice to make a separate file for Canara Bank Home Loan Documents, where you can keep all your documents together.

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