Document of strategic importance: reference 2-NDFL for a loan

Banking practice shows that responsible clients are preparing for a loan in advance, they are considering all the details of the future obligation. However, in most cases, the decision on the need to attract borrowed funds is accepted by individuals spontaneously - under the influence of various vital circumstances. And since official banking organizations are always ready to issue a loan with a certificate of 2-NDFL, one should think about asking the document in advance in the accounting department. So what is hidden under this financial term?

Form 2-NDFL: what it is and for what purposes it is needed

The document was approved by the order of the head of the Federal Tax Service №MMB 7-3 / 611 of 17.11.2010. This certificate, issued to the employee by an accountant with the signature of the head of the institution or the second most important official, the chief accountant of the company, is confirmation of his actual income for the past year.

Why do I need a reference? The financial information contained in this document allows the employees of the credit department to analyze the solvency of a potential borrower and draw a conclusion about the possibility of further review of the loan application.

The main content of the document

In the certificate on the form 2-NDFL, in addition to the "white" wages, accrued to the employee of the enterprise for a certain period, the following points are reflected:

• Number of the IFNS unit;
• Employee status (resident or non-resident);
• Personal data of the taxpayer (TIN, date of birth, address of registration and information about the valid passport);
• Deductions, assigned to the employee (by type);
• The amount of income tax deducted and transferred for the reporting period .

What kind of information are the bank's employees interested in first?

The reference 2-NDFL for credit makes it possible to analyze and compare the data listed below.

1. The size of the official monthly income. To calculate the maximum loan amount allowed for issuance, the average value of wages for a particular period is usually taken (most often in the last six months). In some cases, two values are subtracted from the aggregate amount of earnings - the minimum and maximum. Some banks do not take into account the funds received by the borrower in a single order (payment under contracts, material assistance).

2. The amount of tax charged, withheld and paid to the budget. The discrepancy between the information in these points is usually of concern to the security officers of credit institutions. Employees of the bank can make additional checks by sending an inquiry to the tax inspectorate. The discrepancy between the data that the 2-NDFL reference for a loan displays, with the information of the Federal Tax Service for the borrower, can turn into a rejection and even a blacklisting.

3. The potential borrower has dependents (children). An employee of the lending department in calculating the solvency is obliged to take into account all the members of the applicant's family who are on his behalf. The number of children is usually indicated by the client in the questionnaire to be filled in when applying for a loan. A note on the birth of a child (children) can be found in the passport of the borrower. However, these data are not always reliable. You can confirm the information using section 4 of the income statement. The actual number of children is determined by the deduction code: 114,115, and also 116.

When is this document not needed?

The solution of the question "When do we need 2-NDFL?" Should begin with the choice of the institution for servicing. Much depends on whether the applicant has time for the bank to consider his loan application. After all, reputable credit organizations will necessarily request this document on income.

However, a certificate of 2-NDFL for a loan may not be required if the applicant is a payee on the plastic card of this bank within the framework of the current "salary" project. In this case, the bank employee will take data on his income from the card account statement.

Information on the size of the average monthly earnings will not be required if the client applies to one of the Russian microfinance organizations that issue loans to the population. You can also buy goods on credit in the store without confirmation of the actual income received.

Rapid lending is currently being handled by numerous express lending companies. Nevertheless, it should be borne in mind that for simplicity and speed of issuing such loans, excessively inflated interest rates are hidden.

What should not potential borrowers do?

The reference 2-NDFL for a loan should contain only reliable information about the incomes of future borrowers. As you know, a lot of companies are now operating on the territory of the country, offering to give out for money a "beautiful" certificate of allegedly received income. However, you should not buy such statements of dubious organizations. If the information about the provision of false information during the audit of the bank's security department is disclosed, the borrower expects not only to refuse cooperation, but also to list in the list of unreliable customers.

It should be taken responsibly to collecting documents for a loan. Good luck in your financial affairs - everything will certainly work out!