What is Certificate of Occupancy in Home Loan

Applying for a home loan and your lender asked for a Certificate of Occupancy? Are you searching for ‘what is OC certificate’? Your search ends here!

OC Certificate Meaning

A certificate of occupancy is a document that proves that a building has been built according to the building plans and is fit for inhabitation. It also shows that the builder has complied with local laws.

The certificate is issued once a building is ready to be occupied within 30 days of submitting the application form for an OC certificate. The certificate can be requested by the builder or the homeowner. 

However, it is the responsibility of the builder to get the certificate and the homeowner must remember to check it before purchasing the property.

Importance of a Certificate of Occupancy

Now that you know what is a certificate of occupancy, let’s look at what makes it such an important document - 

Documents Required to Get a Certificate of Occupancy

A certificate of occupancy can be obtained by the real estate owner, builder, or the homeowner. The documents you need to get a certificate of occupancy are mentioned below -

How to Get a Certificate of Occupancy

OC certificate meaning and its importance must be clear to you by now. The next thing to know is how to apply and get the certificate of occupancy. Once the construction of the building has been completed, you can apply for it from the local authority, usually the municipal corporation.

You can follow these steps to apply and get an OC certificate -

STEP-1: Visit the local corporation or municipality office.

STEP-2: Obtain the form from the concerned officer and fill in all the details.

STEP-3: Attach copies of all the required documents as required.

STEP-4: Submit the form along with the documents.

STEP-5: You will receive the Certificate of Completion within 30 days from the date of application.


The certificate of occupancy is an important document if you are a new homeowner. You will need it while applying for loans, and also to apply for amenities such as water, gas, electricity, etc. If you ever plan to sell your property, you will again need the certificate of completion.

It is a document that proves that your building was built according to the local rules and bylaws. It will be your protection in case any dispute regarding the construction arises in the future. Thus, don’t forget to ask for the same from your builder or seller. 

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What is Certificate of Occupancy in Home Loan - Related FAQs

Yes, the occupation certificate is one of the important documents required while applying for a home loan.

No, a builder cannot offer possession without a Certificate of Occupancy. In India, it is illegal to reside in a property without the OC.

In India, it is mandatory to obtain an OC before buying or selling a property. Thus, it is not okay to buy a flat without an OC.

Yes, an OC is required for small apartments and flats as well.

For any building that has been constructed after 1976, an OC is required, even if it is an old building. Thus, even if you are buying a second-hand flat or apartment in an old building, you should ask to see the OC. you must also obtain a copy of the same.

The CC or the Completion Certificate is issued by the building authority, and it states that the construction has been completed according to the approved plans. On the other hand, the Certificate of Occupancy or the OC establishes that the building is fit for residential use. It is issued by the local municipality or the corporation.

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