How many years ITR required for home loan?

Back in 2018 I was planning to buy a house. So just like you, I had some queries and one of them was how many years of ITR for home loan will be required. I was just aware that banks do ask for them but wasn’t sure for how many years. Anyway, I believe I can give you a comprehensive answer to this. Also, I will tell you why ITR is asked for while applying for a home loan. What is ITR and why is it important for home loan? ITR is Income Tax Return which is filed by the individuals who earn income as a form of salary from employment or self employment. There are 7 types of ITR form and each has its own purpose. ITR is important while applying for a home loan as it gives lenders an idea about the genuineness of income of the individual and the repayment capacity they hold. If an individual fails to produce ITR, lenders can ask the borrower to submit Form 16. Here is a detailed table explaining how many years ITR required for home loan:

Financial Institution	ITR requirement (in years)
Axis Bank	2
HDFC Bank	3
Kotak Bank	2
SBI	2
LIC Housing	3

I hope now you know how many years of ITR for home loan is required. Check out the amount of home loan that you are eligible to get through this, [widget_homeLoan_checkEligibility_form] Read more: How to file ITR for deceased person How to file ITR without form 16 How to file income tax return online for salaried employee