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Machhapuchchhre Bank Limited

Product Features/Benefits :

  • Minimum Account Balance: Zero
  • Interest Payment Frequency: Quarterly
  • Free subscription of Internet Banking Facility, MBL Mobile Money (M3)*
  • Free DMAT Account Opening/C-ASBA/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.

*Charges 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
  • 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

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Machhapuchchhre Bank Limited