Poonawalla Fincorp Loader
home loan eligibility criteria and documents required

Home Loan Take a step into your dream home

Loan up to 1 Cr | Attractive Interest Rate | Zero Foreclosure Charges

Home Loan Eligibility & Documents

Things to consider before applying for a loan

Fulfilling the dream of owning a home is now made simple with Poonawalla Home Loan. Our easy and hassle-free application process, simplified and minimum documentation, along with easy eligibility criteria process, enables you to get quick home loan approvals.

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Know your Eligibility Criteria

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Salaried Individuals Self-Employed Individuals Firm / Company
Eligible Borrowers Government / Semi government / PSU / Private/MNC companies/ Proprietorship/Partnership firms
  • Proprietor / Partners / Directors
  • Self Employed Professionals like Chartered Accountant, Company Secretary & Doctors
Partnership or Private Limited companies engaged in Manufacturing, Servicing or Trading
Age Applicant must be of minimum of 21 years at the time of loan application and should be maximum of 65 years or the retirement age, whichever is earlier. Applicant must be of minimum of 21 years at the time of loan application and should be maximum of 65 years at loan maturity. Proprietor / Key Partner / Key Director should be of minimum of 25 years at the time of loan application and should be of maximum of 65 years at loan maturity.
Income Net monthly take home salary should be ₹20,000 Gross annual income should be of minimum ₹3 Lakhs Annual turnover should be a minimum of ₹10 Lakhs
Experience / Vintage Minimum One year Minimum Two years in current Business /Profession Business stability / Vintage of minimum Three years in the same business.
Citizenship Individuals with Indian Citizenship Individuals with Indian Citizenship Proprietor / Partners / Directors with Indian Citizenship
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Documents Required for Home loan

Salaried Individuals Self-Employed Individuals Firm / Company
Identity Documents
  • PAN Card
  • Aadhaar Card
  • Passport (Not Expired)
  • Driving License with Photo
  • Voter’s Identity card issued by the Election Commission of India
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • PAN Card
  • Aadhaar Card
  • Passport (Not Expired)
  • Driving License with Photo
  • Voter’s Identity card issued by the Election Commission of India
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • Firm/Company PAN Card, GST Registration Certificate (If applicable) and Other Applicable Registration
  • KYC of Partners / Directors PAN Card and Aadhaar Card
Address Proof
  • Aadhaar Card
  • Passport (Not Expired)
  • Driving License with Photo
  • Voter’s Identity card issued by the Election Commission of India
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • Letter issued by the National Population Register containing details of name and address
  • Aadhaar Card
  • Passport (Not Expired)
  • Driving License with Photo
  • Voter’s Identity card issued by the Election Commission of India
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • Letter issued by the National Population Register containing details of name and address
  • Electricity bill for owned premises
  • Rent agreement for Rented premises
  • Passport for Partner / Directors
Income Documents
  • Latest 3 months salary slip
  • Form 16
  • Income Tax Returns along with computation for latest 2 years
  • Profit/Loss statement and balance sheet for the latest 2 years
  • Income Tax Returns along with computation for the latest 2 years
  • Profit/Loss statement and balance sheet for the latest 2 years
  • GST Returns
Bank Account Statement Latest 6 month’s bank statement evidencing salary credits. Operative bank account statement for the latest 6 months. Operative bank account statement for the latest 6 months.
Property Documents If already finalised along with legal & technical clearance of the property.

*The above list is indicative and additional documents may be required during the processing of your application.

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Apply Online

Click on Apply Now and fill in the complete application.

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Documents

Upload Documents

Submit your KYC and Income Documents.

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Verification

Verification

Application will then proceed for verification and assessment.

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Quick Approval

Get your quick approval!

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Instant Disbursed

That’s it! The loan is credited to your bank account.

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