Overview

MBL Smart Salary Account is a payroll management solution designed for organizations while offering employees value-added banking services.

Product Features/Benefits

1

Minimum Balance Requirement: NPR 10,000

2

Free first cheque book issuance

3

50% discount on annual locker rental charge*

4

Free subscription of Internet Banking and MBL M-Smart*

5

Free subscription of Debit/Credit Card*

6

Free Demat account opening and Mero Share facility*

7

Free cheque book and account statement on demand

*Charges are free for the first year only. Charges as per Standard Tariff of Charges shall be levied from second year onwards.

Additional Information

     The account shall be automatically downgraded to a Normal Saving Account if salary is not credited to the customer’s account for three consecutive months.

 

Required Documents

  • Duly filled account opening form

  • Citizenship Certificate / Valid Passport and/or any valid identification card issued by the Government of Nepal

  • National Identity Card (deferral applicable as per Bank approval)

  • Two recent passport-size photographs of the account holder

  • Duly filled KYC form along with supporting documents if the account operator is other than the account holder

  • In case of nominee inclusion, identification documents of the nominee (Citizenship Certificate / Valid Passport) along with passport-size photograph

  • Authorized letter from the employing organization requesting 

    salary account opening

  • Any other documents specified by the Bank or Nepal Rastra Bank (NRB) from time to time

  • Additional documents and information as required under the Bank’s Procedural Manual, operational guidelines, and NRB directives from time to time

Frequently Asked Questions