{"id":2181,"date":"2018-08-25T13:22:31","date_gmt":"2018-08-25T07:52:31","guid":{"rendered":"http:\/\/blog.ruloans.com\/?p=2181"},"modified":"2018-08-25T13:22:31","modified_gmt":"2018-08-25T07:52:31","slug":"documents-required-for-a-salaried-individual","status":"publish","type":"post","link":"https:\/\/www.ruloans.com\/blog\/documents-required-for-a-salaried-individual\/","title":{"rendered":"Loan Against Property &#8211; Documents required for a salaried individual"},"content":{"rendered":"<p>Below mentioned are the list of documents that are necessary for a salaried individual when applying for a <a href=\"https:\/\/www.ruloans.com\/loan-against-property.htm\">loan against property<\/a>. You need to fulfill the criteria set by the Bank\/NBFC. The list below is generic in nature and hence almost all the Banks\/NBFCs follow this list.<\/p>\n<p>Mandatory requirements:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must be aged between 24 to 60 years of age.<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must be a salaried employee in a private company, an MNC or the public sector.<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must compulsorily be a resident of India.<\/li>\n<\/ul>\n<p>Identity proof requirements:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">Any one of PAN Card\/ Aadhar Card\/ Voters ID\/ Driver\u2019s license\/ Letter from recognized public authority or public servant verifying the identity of the customer with photograph (this must not be more than 30 days old)<\/li>\n<\/ul>\n<p>Address proof requirements:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">Any one of Aadhar Card\/Ration Card\/Voters ID\/Electricity Bill\/Telephone Bill\/ Letter from a recognized public authority or public servant verifying the identity and residence of the customer \/ Post office saving bank account statement\/ Pension or family pension payment orders (PPOs) issued to retired employees by Govt. departments or Public Sector Undertakings (This is only to be presented if they contain the address)<\/li>\n<\/ul>\n<p>Residency proof requirements:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">Any one from property documents\/sale deed\/Occupancy certificate \/Completion certificate\/ maintenance bill\/ electricity bill\/ Municipal or property tax receipts.<\/li>\n<\/ul>\n<p>Job security requirements:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">Any one from Job continuity proof in the form of Current Employment Certificate\/ Current Job Appointment letter \/ Experience Certificate (including your previous job\u2019s experience certificate or appointment and relieving letter)<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must also provide their Bank Statements\/Passbook information\/salary slips for the past 6 months. This is to show proof of the salary\/income which is being credited.<\/li>\n<\/ul>\n<p>Other documents required:<\/p>\n<ul>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must also present the Copy of the property documents to be mortgaged<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant must also have filed their IT Returns and Form 16 for the past 2 years.<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">As per bank to bank, they might demand for a Guarantor Form (Optional)<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">The applicant might also have to provide the lender with an Advance Processing Cheque. This is required to process the loan documents for sanctioning.<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">If the applicant has any existing loans which are being repaid, then he\/she will need to submit the loan sanction letter, repayment track record of the past 6 months\u00a0on existing loans.<\/li>\n<li style=\"list-style-type: square; line-height: 36px;\">If the applicant has some investments in the form of fixed deposits, fixed assets, shares, etc. then they need to provide with the details of the same.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/blog.ruloans.com\/loan-against-property-documents-required-for-a-self-employed-individual\/\" target=\"_blank\" rel=\"noopener\">Loan Against Property \u2013 Documents required for a self employed individual<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Below mentioned are the list of documents that are necessary  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":2182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[91],"tags":[186,409],"class_list":["post-2181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lap","tag-applying-for-a-loan-against-property","tag-documents-required-for-a-salaried-individual"],"rttpg_featured_image_url":{"full":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"landscape":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"portraits":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"thumbnail":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-150x150.jpg",150,150,true],"medium":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-300x103.jpg",300,103,true],"large":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"1536x1536":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"2048x2048":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"blog-large":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-669x246.jpg",669,246,true],"blog-medium":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-320x202.jpg",320,202,true],"recent-posts":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-700x246.jpg",700,246,true],"recent-works-thumbnail":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-66x66.jpg",66,66,true],"fusion-200":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-200x69.jpg",200,69,true],"fusion-400":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-400x138.jpg",400,138,true],"fusion-600":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-600x207.jpg",600,207,true],"fusion-800":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"fusion-1200":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"portfolio-full":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",714,246,false],"portfolio-one":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-540x246.jpg",540,246,true],"portfolio-two":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-460x246.jpg",460,246,true],"portfolio-three":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-300x214.jpg",300,214,true],"portfolio-five":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual-177x142.jpg",177,142,true],"menu-24x24":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",24,8,false],"menu-36x36":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",36,12,false],"menu-48x48":["https:\/\/www.ruloans.com\/blog\/wp-content\/uploads\/2018\/08\/Loan-Against-Property-Documents-required-for-a-salaried-individual.jpg",48,17,false],"web-stories-poster-portrait":["https:\/\/www.ruloan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