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Machhapuchchhre Bank Limited
MBL Balbalika Bachat Khata

Product Features/Benefits :

  • Minimum Account Balance: Zero
  • Interest Payment Frequency: Quarterly
  • This is a personal saving account for minors.
  • The account will be automatically converted to the Normal Saving Account once account holder turns major legally.
  • Free subscription of Internet Banking.*

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

Documents Required :

  • Duly filled Personal Account Opening Form
  • Birth Certificate of Account Holder
  • Legal Identification documents such as Citizenship Certificate /Valid Passport of the Parents/Guardians (Signatory)
  • Two recent Passport (PP) size photographs of the account holder/ Parents/Guardians
  • Identification documents of Nominee along with PP size photograph of the Nominee
  • Duly filled KYC form of Parents/Guardians (Signatory)
  • Any other documents specified by NRB from time to time

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Machhapuchchhre Bank Limited