Find below the NRI list of documents required for applying home loan.
KYC & Other Documents
1) Photo ID proof of applicant & co-applicant.
2) Age Verification Proof of applicant & co-applicant. Any one of:
Pan card, Passport, Driving Licence, Aadhaar Card, Birth Certificate, Election ID, Domicile Certificate, Ration Card, School leaving certificate, SSC/HSC admit card/Mark Sheet, School/College passing certificate, Life Insurance Policy and.
3) Overseas Address proof- Self attested.
4) Indian Address proof- Self attested.
5) Latest 2 passport size color photographs of applicant & co-applicant.
6) Valid passport copy- Passport copy with arrival & departure entries.
7) Valid visa copy/ work permit.
8) Power of Attorney document duly signed by all the applicants.
9) KYC Documents of the Power Of Attorney self attested by him along with the bank’s/NBFCs POA format duly attested by the Indian consulate if the NRI is not in India & if the NRI is in India the POA can be locally notarized.
10) Duly signed application form of all the applicant & co- applicant.
11) Immediate details of family members of applicant & co- Applicant.
12) Qualification details of all applicants (applicant & co-applicant).
13) Cheque / Draft in INR (Indian Rupees) towards the processing fee (as per applicable rates of the bank/NBFC).
14) Overseas Credit Bureau report.
15) Own contribution receipt.
Financial Documents for Salaried NRI
1) Latest 4 months Salary. W 2 Forms Copy if NRI is US Based.
2) Appointment Letter / Contract Letter Copy / salary certificate (in English) clearly mentioning the date of joining, designation in the company and current salary earned.
3) Copy of previous appointment letters.
4) Latest 6 months bank account statements of the salary account.
5) Latest 6 months statement of NRE/ NRO Account.
6) Employment continuity proof: Employment Letter/ Employment Contract Copy.
7) HR contact details –Name, Number & official email ID for employment confirmation.
8) Company Profile or Company Website requirement (only for Pvt. Ltd. Co.)
9) Valid copy of Work Permit / Labour Card / Identity Card (translated in English and countersigned by the consulate) if employed in Middle East.
10) Copy of CDC in case of customers who are employed in merchant navy.
Financial Documents for Self-Employed NRI
1) Copy of Incorporation of business letter.
2) Income Proof for NRI in Middle East: Last 2 years audited/ Chartered Accountant (CA) certified P&L accounts.
3) Income Proof for NRI in US and Canada: Last 2 years Certified Public Accountant (CPA) compiled/reviewed/audited P&L accounts.
4) Income Proof for Other NRI: Last 2 years CA or equivalent certified/audited P&L accounts.
5) Office Address Proof- any one- Utility bills, telephone bills, electricity bills or its equivalent and Tax ID certificate.
6) Latest 6 months bank account statements of the current account.
7) Latest 6 months bank account statement in individual’s (NRI) name.
8) Business Existence Proof: Partnership or its equivalent with registration certificate with appropriate authority, Memorandum of Association (MOA) and article of association or its equivalent, Certificate of Incorporation with appropriate authority, Limited Liability Partnership (LLP) Agreement and Certificate of Incorporation in case of LLP.
9) For Partnership Firms: Partnership deeds/Latest list of partners along with their profit sharing ratio certified by all partners For Corporate applicant: Latest list of director and shareholding pattern certified by statutory Auditor/ CA/ Company Secretary (CS) or equivalent.
10) Business Profile on the letterhead with details like nature of business activity, product/services, number of years in business, number of employees, branches if any, group company if any, assets, future business plan, ownership/equity stake-in case of promoter/director, etc.
11) Business continuity proof.