List of Income Proof Documents Required Loan

Income proof requirements vary based on the applicant’s employment or business profile. Below is a detailed list of documents required for different categories:

A. Salaried Applicants

The following documents are required from salaried individuals:

1. Salary slips for the last 3 months

2. Bank statements (salary account) for the last 12 months

3. Latest Form 16

B. Self-Employed – Professionals

(Applicable for Doctors, Chartered Accountants, Architects, Consultants, etc.)

1. Latest 2 years Income Tax Returns (ITRs)

   • Personal and business ITRs

   • Along with computation of income

2. Advance tax challans, if applicable

3. Latest 2 years Profit & Loss Accounts and Balance Sheets

   • With schedules

   • Certified by a Chartered Accountant

   • For both personal and business entities

4. Bank account statements (Savings and Current Accounts) for the last 12 months

5. Professional qualification proof

C. Self-Employed – Non-Professionals

(Applicable for Business Owners, Traders, Manufacturers, Firms, and Companies)

1. Latest 2 years Income Tax Returns (ITRs)

   • With computation of income

   • For individual applicants and co-applicants (if borrower is an individual)

2. Bank account statements (Savings and Current Accounts) for the last 12 months

3. Latest 2 years audited / CA-certified Profit & Loss Accounts and Balance Sheets

   • Applicable if borrower is a firm or company

4. Proof of Business, such as:

   • GST Registration Certificate

   • Shop & Establishment License

   • Udyam Aadhaar

   • Or any other valid business proof

5. MOA & AOA and Certificate of Incorporation (for companies)

6. Partnership Deed (for partnership firms)

Additional Documents

• Any other documents may be required by the lending institution at the time of loan processing or disbursement, based on case-specific or policy requirements.

Important Note

• Submission of complete, accurate, and updated documents is mandatory for timely loan approval.

• Document requirements may vary as per lender policy, loan amount, and applicant profile.