HOUSING LOAN - LIC HOUSING CHECK LIST FOR CUSTOMERS

LIC HOUSING FINANCE LIMITED

CHECKLIST FOR CUSTOMER – Resident Indians – SELF EMPLOYED

 

1. Duly filled in application with latest 3 photographs duly signed across. 

2. Non-refundable 1^st Upfront Fees Cheque (Balance payable after sanction) 

3. Qualification proof – (compulsory for Professionals)

 

4. Identity proof: (Original to be shown at the time of personal discussion with company official)

Self-employed ( whose income is considered):  PAN card and ADHAR card –self-attested. Others:   Voter ID / Passport / Driving license – self-attested

 

5. (Anyone original to be shown at the time of personal discussion with an official)

Residence Address Proof: (To be Self-Attested)

Telephone Bill / Electricity Bill / Ration Card / Passport / Voter ID / Bk St. (certified by the bank) /

Lease or Rent Agmt.

 

        ****BUSINESS PROFILE *****

 Business Address Proof: (To be Self-Attested) 

Telephone Bill / Electricity Bill / Bk St. (certified by the bank) / Lease or Rent Agmt. / Shop & Establishment Certificate / Registration certificate of the business from the relevant authorities / Service Tax / VAT Registration Certificate

 

6.     Business Continuity Proof (Minimum 3 years continuity essential)

(a) Article of Association / Memorandum of Association / Certificate of Incorporation – For Directors of Companies

(b) Shop & Establishment License Registration certificate of the business from the relevant authorities – For Proprietary / Partnership firms

(c)  Certificate of Practice (COP) - For Professionals

(d)  Letter from Bank where the Firm has Current Account specifying the Tenor of Account held – For others

 

7.     Income Proof (All Income Papers to be self-Attested)

 

In Case Applicant is a Sole Proprietor / Proprietrix

a.       ITR (Saral) Copies with .acknowledgement for latest 3 years

b.      Balance Sheet, P&L Account & Computation of Income for last 3 yrs along with auditor’s report.

c.       Copies of Advance Tax paid challans.

d.      Copies of Form 16A and 3 years Form 26 AS (if applicable)

e.       Savings Bank Statement (Individual) for past 6 months

f.       Current Account statement (Business) for past 12 months

g.      Profile of firm

h.      3 years latest form 26AS

i.        GST and old registration proof

             In case Applicant is a Partner in a Partnership Firm

a.       Partnership deed

b.      Profile of Firm

c.       Firm’s ITRs & Audited / Certified  Balance Sheet, P&L A/c, Computation of income along with Auditor’s report

d.      Firm’s Bank statement for past 6 months

e.       Individual’s Bank statement for past 6 months

f.       Individual’s Financials of the partners for past 3 years  - ITRs, Computation, BS & P&L

g.      3 years latest form 26AS

h.      GST and old registration proof

 

In case of Applicant is a Director / Major Shareholder of the Company

a.       Memorandum & Articles of Association

b.      Certificate of Registration of Company (ROC)

c.       Details regarding main shareholders & overall shareholding pattern

d.      Audited financials of the company for the latest 3 years

e.       Company’s bank statements for last 6 months

f.   Individuals financials for the past 3 years & Bank statement for past 6   months Salary credit up to till date .

g.      3 years latest form 26AS and Form 16 PART A&B

h.      GST

i.        Pay slip for latest 6 months and CTC ( Cost to company )

 8. Rental Income proof (if any):

a.       Copies of rental agreement

b.      Copy of sale deed & latest property tax paid receipt.

c.        Bank credits for rent for 6 months

 

9. Copies of sanction letters of all existing & recently closed loans (with closure proof) -    personal / vehicle / consumer / home loans etc.

 

        PROPERTY DOCUMENTS

 1. For Flat under Construction

a.                  Cost break up letter

b.                  Sale Agreement & Construction Agreement

c.                   Receipts for payment of margin money                  

d.     Copy of Parent Documents (for last 12 years) along with E.C. (for last 15 years)

e.      Approved Plan(BDA/BBMP) with applicant’s flat duly marked & signed by appl/s & builder

2. For Purchase Cases – Ready Built House / Flat

a.      Sale Agreement  

b.  Parent Documents (for 12 years) along with E.C. (for last 15 years)                                   

c.  Latest Property Tax Paid Receipt of Vendor                                                         

d.     Approved plan(BDA/BBMP)

3. In Case of direct allotment by Government bodies like BDA / KHB

a.      Original allotment letter

b.      NOC/Annexure A & B

c.       Receipts for margin money       

4. For House under Construction / Extension / Renovation / Mortgage

a.      Sale Deed

b.      Parent Documents (for last 12 years) along with E.C. (for last 15 years)

c.       Original Estimates for Construction / renovation (from Valuer /Architect)

d.     Approved Plan, Khata certificate &  Tax Paid Receipts (BDA/BBMP)   

            5. For Take Over from other Institutions

a.                  Copy of sanction letter

b.                  Complete loan Repayment Track

c.                   Latest O/s loan statement

d.                 Original List of documents with the Financial Institution / Bank

e.                  NOC from the Financial Institution / Bank for closure & transfer of documents to LICHFL.

f.                    Copy of Sale deed, Sale & construction agreement

g.                  Parent documents for the last 12 years along with E.C. for last 15 years

h.                  Latest Year Property Tax Paid Receipt & Khata certificate

i.                    Interim security