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Housing / Loans / Hudco Niwas

List of documents to be submitted for the loan:

  1. Latest Salary Slip(s)/Certificate(s) showing all allowances, deductions, and details of outstanding loans (if any), in respect of the applicant / co-applicant.

  2. A short note on the nature of business, form of organization, clients and suppliers, etc. (in self-employed cases only).

  3. Copies of Profit and Loss Account and Balance Sheet for the last three years in respect of your firm's business / profession. (only in self-employed cases) (Certified by a Chartered Accountant only "True & Fair" as per books of accounts).

  4. A statement showing computation of individual taxable income and tax returns for the last three years as submitted to the Income Tax Department (only in self-employed cases).

  5. Copy of the Pension Certificate in case of retired applicants.

  6. A copy of the rent / lease agreement with supporting bank statements and / or Income Tax Return, if any additional income is accruing.

  7. A letter form your employer mentioning that they will deduct the monthly installment payable to HUDCO from your salary and remit the same to HUDCO Ltd. every month.

  8. Photocopy of the Registered Sale Deed / Lease Deed / Allotment Letter / Share Certificate of the Co-operative Society / Agreement for Sale as executed on applicable stamp paper.

  9. Copy of the house plan approved by the Local competent authority (only in construction cases).

  10. Detailed cost estimate for the proposed construction prepared by a Civil Engineer / Registered Architect (in case of Construction / Extension / Improvement) or a letter from the Society, in case the house is of a Co-operative Society.

  11. Photocopy of the House Building Advance (HBA) sanction letter (if HBA has been taken from the employer) indicating the loan amount and the repayment terms.

  12. Your bank account statement indicating transactions for the last six months or a photocopy of your bank passbook (duly updated).

  13. Processing Fee as applicable.

  14. Broad particulars of two guarantors of comparable age and income.

  15. Age proof and proof of residence [for applicant and co-applicant(s)].

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