MBL Student Saving Account

6%

MBL Student Saving Account

6%

The best way to teach kids how to deal with finances is to involve them in planning for their future. MBL Student Saving Khata is targeted towards children from 6 years up-to 25 years.

Features :

  • Interest Payment Frequency: Quarterly
  • Free subscription of Internet Banking Facility, MBL Mobile Money (M3)*
  • Free DMAT Account Opening/Mero Share*
  • Free subscription of Debit Card*
  • Junior ID card to all the account holders
  • 0.25 basis points discounts on processing fee on Education Loan
  • Free Cheque Book and Account Statement on Demand
  • Free Email Bank Statement
  • The account Operator of all the minor accounts to be changed after the child attains majority.

Required Documents :

  • Duly filled Personal Account Opening Form
  • Birth Certificate for Minor Account Holder and Identification Documents (Citizenship/Valid Passport) issued by Government of Nepal in case of Major account holder
  • Duly filled KYC of the Parents/Legal guardians in case of Minor account
  • Two recent Passport (PP) size photographs of the account holder
  • Two recent Passport (PP) size photographs of Parents/Legal guardians in case of Minor account
  • Identification documents of Nominee along with PP size photograph of the Nominee
  • Any other documents specified by NRB from time to time