Q:I want to buy an apartment and I am self employed. What is the procedure for applying for home loan in my case? Are the norms separate from a salaried person?
Latest Answer: If you are self employed you should have completed 3 years of your own business with good turnover. You need documents which are as follows
Identity and residence proof
Application form with photograph
Education qualifications certificate and proof of business existence
Business profile
Last 3 years profit and loss & balance sheet
Processing fee cheque
Last 6 months bank statements
