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What documents are needed to get loan against partitioned property?


22-Aug-2023 (In Property Law)
Hii. Actually i have a property around 100sqyerd on my grandfather and his brother's name. Grandfather's brother in no more nd he left his registerd will against his childrens now i need an half share which is on my grandfathers name. Both houses are devided into two shares like 50sqyrd-50sqyrd. Now bank needs demarcation how can i get loan from bank. Against this papers or what i have to do like sale deed from grandfather or whatelse???
Answers (1)

Answer #1
948 votes
You can call up the bank and ask for the concerned documents which are required for loan.
Photo Identity Proof: Any One from the following;
Passport
Pan Card
Voters ID Card
Drivnig License
Residence Address Proof: Any One from the following;
Passport
Ration Card
Utility Bill
Residence Ownership Proof: Any One from the following;
Property Documents
Maintenance Bill
Electricity Bill
Income Proof: Latest 3 months Salary Slips and Form 16.
Job Continuity Proof: Any One from the following;
Current Employment Certificate
Current Job Appointment letter (if it is more than 2 years)
Experience Certificate (including your previous job certificate or appointment and relieving letter)
Bank Statement: Latest 1 year statement where your salary is getting credited
Property Documents: Property documents to be submitted based on the purchase of your dream home.
Copy of agreement executed / Sales Deed.
Share Certificate.
Latest Maintenance Bill.
List of documents & sanction letter given by Existing Banker (If Applicable).
Advance Processing Cheque required to process loan documents for sanction.
Investment Proof (if any): please submit if any investment like, Fixed Deposit, Shares, Fixed Assets, etc.,
1 passport size color photograph
IF EXISTING LOANS: If any existing loan, please submit sanction letter, Payment Track Record.
IF PROFESSIONAL: Please submit your Professional Degree Certificate.
List of Loan Against Property Documents Checklist for Self Employed Business Person
Photo Identity Proof: Any One from the following;
Passport
Pan Card
Voters ID Card
Drivnig License
Residence Address Proof: Any One from the following;
Passport
Ration Card
Utility Bill
Residence Ownership Proof: Any One from the following;
Property Documents
Maintenance Bill
Electricity Bill
Office Address Proof: Any One from the following;
Property Documents (if any)
Maintenance Bill (if any)
Utility Bill
Office Ownership Proof (if any): Any One from the following;
Property Documents
Maintenance Bill
Electricity Bill
Business Existence Proof: Any One from the following;
3 years old Saral Copy
Shop Establishment Act
Any Tax Registration Copy
Company Registration license
Income Proof: Latest 3 years Income Tax Returs including Computatin of Income, Profit and Loss Account, Balance Sheet, Audit Report, etc.,
Bank Statement: Latest 1 year bank statement both current and savings.
Property Documents: Property documents to be submitted based on the purchase of your dream home.
Copy of agreement executed / Sales Deed.
Share Certificate.
Latest Maintenance Bill.
List of documents & sanction letter given by Existing Banker (If Applicable).

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