SBI Home Loan: 5 Essential Documents Details for SBI Home Loan Approval

 SBI Home Loan Documents Details

Today's post will be useful for everyone. Everyone takes a loan from a bank or financial institution for one reason or another. A home loan is one of those loans. Be it the affluent or the underprivileged, they take loans from banks to build their own homes. In this way, you can find out what documents are required to get a home loan in SBI today.

To apply for a home loan with the State Bank of India (SBI), you will need to submit several documents that vary based on your employment type (salaried, self-employed, etc.). Here’s a list of commonly required documents:

1. Identity Proof (any one of the following):

• PAN Card
• Aadhaar Card
• Voter ID
• Passport
• Driving Licenss

2. Address Proof (any one of the following):

• Aadhaar Card
• Passport
• Voter ID
• Driving License
• Utility Bills (such as electricity or water bills)

3. Income Proof

• For Salaried Applicants:
  • Latest 3–6 months' salary slips
  • Form 16 or Income Tax Returns (ITR) for the last 2–3 years
  • Bank account statements for the last 6 months, showing salary credits
• For Self-employed Applicants:
• Income Tax Returns (ITR) for the last 2–3 years
• Profit and Loss (P&L) statements and balance sheet for the last 2–3 years (audited, if applicable)
• Business continuity proof (such as partnership deed, GST registration, etc.)
• Bank account statements (business and personal) for the last 6 months

4. Property-related Documents

• Sale Agreement or Sale Deed
• Title Deed or Property Title Certificate
• Copy of Approved Building Plan
• Encumbrance Certificate (EC) for the past 13–30 years, if available
• Allotment Letter from builder/society (if applicable)

5. Other Documents

• Loan application form (duly filled and signed)
• Passport-size photographs (recent)
• Processing fee cheque/check for applicable charges
• Guarantor form (if required)

Additional Documents (if applicable):

• Proof of age (Birth Certificate, PAN, Passport, etc.)
• Employment continuity proof
• No Objection Certificate (NOC) from builder/previous lender (if transferring a loan)

It’s always a good idea to check with your local SBI branch or visit their website, as requirements may vary slightly by region or loan type.