Recent days, the greater attention of research materials are focusing on the porous nano frame structure due to their distinctive properties and high photocatalytic activity. The porous defective materials revealed a significant role in numerous research fields like sensors, catalysts, energy production, magnetic memory storage, bio medical etc. In our work, pure ZnO and 4f shell shielded rare earth metals doped ZnO metal oxide nanomaterials attributed in the photocatalytic dye degradation, non-linear optical and magnetic properties. We were synthesized pure ZnO and ZnO0.1–2xEuxErxHMT0.1–2x (2x = 0.025,0.05,0.075, 0.010 wt%) nanoparticles using a straightforward hydrothermal route. The hexagonal wurtzite structure of ZnO and Eu:Er-doped ZnO (Eu:Er@ZnO) exhibited by PXRD, and the optical bandgap (Eg) range from 3.14 eV to 3.18 eV was determined by Tauc relation (αhγ)2 = 0. The porous nanoplate morphology of as-synthesized materials revealed by HR-SEM and HR-TEM techniques. All synthesized materials exposed weak ferromagnetic property nature by VSM studies. Among all the synthesized materials, the 0.0025 wt% Eu:Er@ZnO nanoparticles exhibited porous nanoplate structures capable of catalyzing the breakdown of reactive black 5 (RB5) dye, achieving a photocatalytic activity of 93.2 % after 65 min of UV light exposure. The dopant concentration significantly influenced this photocatalytic activity, with lower concentrations showing enhanced performance, particularly in acidic conditions. Moreover, all synthesized porous nano-plate materials followed pseudo-first-order kinetics. Additionally, the Z-scan technique was employed to assess the nonlinear optical properties of the synthesized materials using Q-switched nanosecond Nd laser pulses at 532 nm wavelength. The open-aperture Z-scan revealed reverse saturable absorption (RSA) in all samples. The Eu:Er@ZnO porous nano-plates exhibited promising nonlinear absorption characteristics, with a higher nonlinear absorption coefficient ranging from 5.21 to 7.84 × 10−11 m/W and a lower optical limiting threshold between 0.87 and 0.95 × 1012 W/m2.