Naya Pakistan Housing Scheme – Mera Pakistan Mera Ghar Housing Scheme

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