Overview

MBL Fixed Deposit Account is a term deposit product designed to provide customers with higher interest returns compared to regular savings accounts while ensuring secure investment of funds.

Features

1

a.  Individual Customer (NPR)

●    Tenure: 3 months and above
●    Interest payment frequency: Quarterly or as agreed at the time of deposit
●    Minimum Deposit Amount: NPR 50,000
●    Fixed Deposits can be opened directly through MBL M-Smart App, Internet Banking, and website in real time
●    Loan facility available up to 90% of the Fixed Deposit amount

2

b.  Institutional Customer (NPR)

●    Tenure: 6 months and above
●    Interest payment frequency: Quarterly or as agreed at the time of deposit
●    Minimum Deposit Amount: NPR 50,000
●    Loan facility available up to 90% of the Fixed Deposit amount.

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Documents Required

Duly filled Fixed Deposit Account opening form of MBL.

Frequently Asked Questions