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Is Form 16 required for taking home loans?

Q: Is it mandatory to have Form 16 to apply for loans to build a house?

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Replies (2)
1
Form 16 is mandatory for applying home loan india and Banks required form 16 from their salaried customers and Last 3 years Income Tax returns from self-employed customers. For your Home Loan related query feel free to contact us to get expert service http://www.commonfloor.com/services/home-loan?f=1919
Abhilasha


2
Although most of the banks ask for Form 16, you can also take loan against your already owned property.
Manisha Soori


3

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