Securing a home loan as a self-employed individual can be challenging, but with Axis Bank, the process becomes streamlined when you have the right documentation.
Understanding what documents are required is crucial for a smooth application process. First, you'll need to provide proof of identity, which can include a passport, driver's license, or Aadhar card.
Financial documents are paramount; you must submit income tax returns for the last three years, along with a computation of income. Additionally, bank statements for the past six months will help verify your income consistency.
Business-related documents such as a partnership deed or business registration certificate may also be required. Gathering these documents in advance not only speeds up the application process but also enhances your credibility as a borrower. As you navigate this path,
keeping track of your financial health is essential, ensuring you meet the eligibility criteria set by Axis Bank for self-employed individuals. By being well-prepared, you enhance your chances of securing that much-desired home loan.
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