As a part of Government's "Kholau Bank Khata Abhiyan,2076" campaign, MBL has come up with an attractive deposit product for individuals who don’t have account in any BFIs.
Annual transaction limit of the account shall be NPR 100,000.00. Customer needs to change/convert account category if the transaction exceeds NPR 100,000.00. Customer needs to provide additional information by filling up Bank’s standard account opening form.
Customer having bank account with any BFIs shall not be eligible for this account. Declaration regarding same is included on separately designed account opening form.
Bank will deposit NPR 100/- in the account
Interest Payment Frequency: Quarterly
Simplified account opening form
Required Documents :
Duly filled Simplified Account Opening Form
Any Identification document such as Citizenship, Passport, Voter's Identity card bearing photo, Driving License etc. issued by Government of Nepal
Birth Certificate (in case of Minors) along with identification documents of the parents/guardians who will operate the account
Duly filled self-declaration form
Two recent Passport (PP) size photographs of the account holder
Identification documents of Nominee along with PP size photograph of the Nominee
Duly filled KYC form (as and when required)
Any other documents specified by NRB from time to time