Product Features/Benefits :
Features for Individual Customer
- Minimum Balance: NPR 500.00
- Free withdrawal facility from any ATM within Nepal
- Free Subscription of Debit/Credit Card *
- 50% Discount on Annual Rental Charge of Locker*
- Free Subscription of lnternet Banking, MBL M-Smart*
- Free Any Branch Banking Service (ABBS) Facility
- Free DMAT Account Opening/Mero Share*
Features for Institutional Customer (NGOs/INGOs/Trusts/other Non Profit Making Organizations):
- Minimum Balance: Zero
- Free Cheque Book and Account Statement on Demand
- Free Subscription of lnternet Banking*
- Free Any Branch Banking Service (ABBS) Facility
Note: Institutional customer here means organizations (such as NGOs, INGOs, Trust and other non-profit making organizations) that are legally eligible to operate through savings accounts.
*Charges are free for the first year only. Charges as per Standard Tariff of Charges shall be levied from second year onwards.
Documents Required :
For Individual Customers
- Duly filled Personal Account Opening Form
- Identification documents such as Citizenship Certificate /Valid Passport issued by Government of Nepal
- Two recent Passport (PP) size photographs of the account holder
- Identification documents of Nominee (Citizenship Certificate /Valid Passport) 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
For Institutional Customers
- Duly filled Non-Personal Account Opening Form
- Memorandum of Association (MOA) and AOA (Article of Association) / Constitution (Whichever applicable)
- Copy of Registration document from concerned authority
- Copy of Certificate of PAN/VAT registration (Where applicable)
- Copy of latest Audit Report
- Legal Identification Documents such as Citizenship Certificate /Valid Passport of the Board Members/Working Committee and Account Operators
- One recent Passport (PP) size photograph of the Board Members/Working Committee and Account Operators
- Duly filled KYC form along with supporting documents of Board Members/Working Committee and Account Operators
- Any other documents specified by NRB from time to time
