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Machhapuchchhre Bank Limited
MBL Salary Management Account

Product Features/Benefits:

  • Minimum Account Balance: Zero
  • Statement of each staff provided every quarter upon request
  • 50% Discount on Annual Rental Charge of Locker*
  • Free Internet Banking Facility, MBL Mobile Money (M3)*
  • Free Any Branch Banking Service (ABBS) facility
  • Free Subscription of Debit Card*
  • Account to be automatically downgraded to Normal Saving Account if salary is not received in the customer’s account for six consecutive months

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

Note: Insurance facilities in this product are discontinued from Shrawan 1st, 2077 B.S.

Documents Required:

  • Duly filled Personal Account Opening Form
  • Authorized Letter from employing organization requesting to open salary account
  • 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 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

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