The banks generally check for the repaying capacity of the borrower irrespective of which profession is being done or carried out. Being an entrepreneur, your ability to generate income is a crucial factor in becoming eligible for the home loan. 

The entrepreneurs must have the following things to get a home loan from any bank.

  • Your business profile
  • Proof of business existence
  • Educational qualification
  • Income tax returns of last 3 years with computation of income
  • Last 3 years CA certified/audited balance sheet and profit & loss account

The above documents are important to be submitted for all the entrepreneurs to get a home loan. Apart from that you should also have a good credit score and other general documents to become eligible for a home loan.