NMB Pre-approved Home Loan

NMB Pre-approved home loan provides customers with flexibility to get their home loan limit sanctioned before selection/finalization of property. This facilitates customers with bargaining power in the real estate market while negotiating for property, simplifying purchase decision. The loan eligibility is assessed based on income details provided by the customer.  

For Interest Rate: Click Here

Digital Retail Loan Application - Apply Now

Along with the Home Loan application, you will need to provide the following documents required for processing Home Loan.

A. Identification related documents

• Photograph and copy of citizenship of the applicant/sponsor/guarantor
• Copy of Individual PAN certificate (where applicable)
• Map of the applicants’/sponsor’s/guarantor’s residence
• Net worth statement of applicant/guarantor/sponsor
• Multiple Banking document
• Account in NMB Bank Ltd.

B. Income related documents

• For salaried individuals
  • Salary certificate from the employed organization/company (Not older than 6 months).
  • Bank Statement, as applicable.
  • Latest two salary slips (if any).
  • Tax paid document.
• For self-employed professionals
  • Certificate of registered professional.
  • Detail of income source/ profession.
  • Proof of last 3 years of continuous practice (if any).
  • Bank Statement, as applicable.
  • Tax paid document.
• For business person
  • Latest audited financial statement as per prevailing Company/Tax Act of Nepal.
  • Bank Statement, as applicable.
  • Certificate of Incorporation (in case of organization)
  • Valid Firm/Company registration certificate.
  • MOA/AOA, Share Lagat, partnership deed (as applicable)
  • Recent tax paid receipt.
• For other sources
  • Latest lease payment receipt or agreements, title deed of property. Future rental income will not be considered.
  • Other rental income details. If the asset generating rental income is under loan from other financial institution, the Bank must take into consideration the residual income from such asset.
  • Pension slip, interest received statement etc.
  • Bank Statement, as applicable.
  • Other verifiable income.

C. Collateral related documents

• Land ownership certificate
• Blueprint/Cadastral Map / trace map
• Four boundary certificate (char killa)
• Land Classification Document
• Naksaa Pass, Building construction permission certificate from competent authority, construction completion certificate ( as applicable ) (in case of building available)
• Collateral transfer deed (for recently purchased property) (rajinama)
• Latest revenue receipt of land or land or/and building offered as collateral

Note: In case of pre-approved home loan, collateral related documents to be obtained after the approval of limit.

Note: Other documents as per Bank laid down procedures, as applicable