Shriram Housing Finance Home Loan Balance Transfer

• If you are a salaried individual, you need to have a work experience of minimum 2 years

• If you are self-employed, your business vintage must be at least 3 years

Here is the list of the documents required for Shriram Housing Finance Home Loan Balance Transfer:

1. Basic Documents:

• Completed Loan Application

• ID proof such as PAN card, Aadhaar card, passport, voter ID, etc.

• Address proof such as ration card, Aadhaar card, passport, etc. 

2. Income Documents:

Salaried Individuals:

• Form 16

• Certified letter from the Employer

• Updated 6 months’ bank statement

• Pay slips for the last 2 months, Increment or Promotion letter

• Investment proofs (like fixed deposits, shares, etc.)

• IT returns (for 3 years)

• Passport-size photographs

Self-Employed Individuals:

• Updated 6 months bank statement

• A brief introduction of his or her profession/business

• Income tax returns for the last 3 years of the applicant along with computation of income duly attested by a Chartered Accountant

• Balance Sheet and Profit & Loss account for the last 2 years of the firm- duly attested by a Chartered Accountant 

3. Property Documents:

• Sale deed, agreement of sale with the builder (original copy)

• Land and building tax paid receipts, location sketch of the property certified by the revenue authorities, possession certificate

• An approved copy of the building plan 

• Original receipts of the advance payments that are made towards the purchase of flat

Disclaimer: The list of documents required is not exhaustive. Kindly refer to the official website for the complete list of accepted documents.