Mera Pakistan Housing Loan | National Bank Loan

Mera Pakistan Housing Loan | National Bank Loan

All Pakistani Branches

List of Required Documents
Documentation Requirement

(Salaried Segment)

Original / Copy
Loan Application Form (LAF) along with CF Undertaking    Original
Product Disclosure Sheet    Original
Valid CNIC of applicant & Co-partner (where applicable)    Copy
2 passport size color Photographs of applicant & Co-partner (where applicable)    Original
Undertaking for first time homeowner     Original
Title Document of the property to be mortgaged    Copy
Direct Debit Authority (DDA) & Employer’s certificate mentioning that payroll account maintenance shall continue with the lending Bank (where applicable)    Original
Formal Sector Employees   
Proof of Employment (along with length of employment) for example:

– Employment letter or

– Employment Certificate or

– Any valid documentary evidence from employer

Original / Copy
Income Proof document (salary breakup and deductions to be clearly mentioned) for example:

– Current Salary Slip or

– Salary Certificate

Note:

-Maximum of 60 days old salary slip may be accepted

-Online / e-salary slips are acceptable with positive verification

-Original salary slip / e-slip does not require stamp or sign.

Original / Copy
Informal Sector Employees    In case customer is employed in informal sector, one of the following documents shall be required to assess customer based on proxy income or repayment surrogates, for example:     
– Rent Agreement or    Copy
– Rent Payment declaration or    Original
– Utility Bills or    Copy
-School Fee Challan or    Copy
– Any other valid expense document (as per defined Income proxy)    Copy

Documentation Requirement

(Self Employed)

Original / Copy
Loan Application Form (LAF) along with CF Undertaking    Original
Product Disclosure Sheet    Original
Valid CNIC of both applicant & Co-partner (where applicable)    Copy
2 passport size colour Photographs of applicant & Co-partner (where applicable)    Original
Direct Debit Authority (DDA) (where applicable)    Original
Undertaking for first time homeowner     Original
Title Document of the property to be mortgaged    Copy
Formal Sector Self Employed    Proof of Business (stating ownership and length of business) for example:     
Partnership Deed or    Copy
Bank Certificate for Sole Proprietor / Partnership or    Original
NTN Certificate or    Copy
Rent agreement of office or    Copy
Professional Degree / Diploma &/OR Valid Membership of applicable Professional body or    Copy
Any other valid acceptable business document verifiable from authority fulfilling minimum business tenor requirement.    Copy / Original
Income assessment document
– Account Maintenance Letter along with last 6 months Bank Statement

Notes:

-Maximum of 60 days Bank statement may be accepted
-Original Bank statement with bank stamp
Original
Informal Sector Self Employed    In case customer is employed in informal sector, one of the following documents shall be required to assess customer based on proxy income or repayment surrogates, for example:     
Rent Agreement or    Copy
Rent Payment declaration or    Original
Utility Bills or    Copy
School Fee Challan or    Copy
Any other valid expense document (as per defined Income proxy)    Copy

Documents for Bank’s Internal Use

Original / Copy
Income Estimation / Repayment calculation sheet as per applicable proxy / surrogate    Original
Bureau Reports    Original
Residence / Workplace / Document Verification Report including collateral verification    Original
World Check & NACTA Checks     
NADRA Verysis    Original
Property Appraisal Report     Original
Preliminary Legal Opinion     Original
Final Legal Opinion    Original
Property Insurance-Mandatory    Original
Mortgage Life Insurance-Mandatory     Original

List of Required Documents Urdu

For further details contact:

National Bank of Pakistan
Head Office, NBP Building, I.I Chundrigar Road,
Karachi, Pakistan
or Call Toll Free Number 92-021-111-627-627