ITR Loan

Getting a loan requires a certain set of documents in the application. Income Tax Returns are one of the most important documents in your application. Usually, banks ask for 2-3 years I.T.R in your application for loan.

It has been usually seen that borrowers try to file the Income Tax Returns for that year in which their application is made. Usually, banks don’t give a loan if you are unable to show 3 years consecutive I.T.R.

Documents Required

I.D. Proof
Address Proof
4 Photographs
R.O.I . 05% FLAT per Annum
2 Stamp Paper of Rs.50/- in favor of the Applicant
Bank Statement of last 3 months
File Charge Rs. 3362 + 18% GST. = Rs. 4100.00/-

Documents Valid as I.D. Proof

PAN Card
Driving License
College Identity Card Etc.
Aadhar Card
Voter Card
Job Certificate (at present) issued from company in which Applicant Working-

Documents Valid as Address Proof

The company accepts following documents from the client side in the case of loan.

Rashan Card
Mobile Bill
Electricity Bill Land Line Bill
Passport
House Tax Slip
Mool Niwas Patra
Water Bill
Gas Bill etc

Required Documents of Guarantor

ID Proof
5 Recent Photographs
Bank Account Detail
Last 2 months pay Slip
House Tax Slip
Processing Fees upto 1 Lac to 3 Lac -11800 + GST (18%) and above – 3.00% or Loan amount + GST (18%)
H.O.D & Salary In charge Signatures Along with his/her Stamp on Official Undertaking Bond Page No. X2. is a Compulsory.
3 Stamp Paper of Rs.100/- in favor of Guarantor. with Name, Address, Father Name & City with PIN Code (These must have a Signature & Thumb Impression and Public Notary)
One Photograph of each family member (Above 18 Years) (only in case of Private Limited guarantor)
In case of property guarantor, property documents are required like(Khasra, Khatauni, Registry)