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