The usual order is backwards
A house is found. A price is agreed. A deposit changes hands. Only then does anyone walk into a bank — and the number that comes back is not the number the whole plan assumed. Weeks of paperwork follow, the same file photocopied for a second bank, then a third, and sometimes the deal simply dies.
Pre-approval puts the bank first. You learn what you can realistically borrow, you search inside that range, and you negotiate as someone who can actually complete.
What you need to have ready
- A source of income you can evidence — salary slips, or business registration and accounts if you work for yourself
- Citizenship or passport, and your PAN
- Bank statements and, where you have them, tax returns
- Property documents, if you have already identified what you are buying
- Optionally a co-borrower — a spouse or family member whose income counts alongside yours
How It Works
Applying to several banks in Nepal normally means filling the same form several times and carrying the same folder of photocopies to each branch. A loan profile is that work done once.
Your details, income and documents are entered once and kept on your account:
- No re-filling the same form at each bank
- Reopens where you left off
- Update it once, everywhere it goes is current
Citizenship, PAN, salary slips, bank statements and property papers live in one place:
- Photograph or scan each file once
- Pick which documents go to which bank
- Stop carrying a folder of photocopies
Nothing is sent anywhere until you say so, on a step where you select the institutions yourself:
- Up to five active submissions at a time
- Compare what comes back before deciding
- No bank sees your profile by default
Pre-approval tells you your budget before you fall in love with a house:
- Search in a price range you can complete in
- Negotiate as a buyer who can finish
- Fewer deals that collapse at the bank
How to get pre-approved
Confirm your personal information.
Sign in with your phone number. What we already know from your Nepal Niwas account is prefilled, so you are checking rather than typing.Tell us what loan you need.
The amount, the purpose — a purchase, construction, renovation, land, or refinancing an existing loan — and the tenure you have in mind.Add your income details.
Employment type and monthly income. This is what a bank reads to understand your repayment capacity.Add a co-borrower, if you want one.
Optional. A spouse, parent or sibling's income can be counted alongside yours, which is how most households in Nepal reach the figure they need.Upload your documents.
Citizenship, PAN, salary slips, bank statements, property papers. Uploaded once, kept on your profile, reused for every bank.Review, then send it to banks you pick.
Check everything, save the profile, and choose which institutions receive it. You can have up to five active submissions at a time.
Nepal Niwas is not a bank and does not lend money. We help you prepare and send one complete loan profile to the institutions you choose. Every lending decision, and the rate attached to it, is made by the bank.
Work out the monthly payment before you commit
Rates in Nepal differ by bank, by product and by borrower, so ask the banks you are considering what they are quoting today. Then put that rate, your loan amount and your tenure into our EMI calculator to see the monthly instalment and the full amortisation schedule — including how much of the total you end up paying in interest.
Home Loan
Questions
What people ask before they walk into a bank about a housing loan in Nepal.