MBL Fixed Deposit Account
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.
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
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
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.
3
Interest Rate: Click here
FCY Fixed Deposit Account
| Criteria | CCY | Individual Customers | Institutional Customers |
|---|---|---|---|
| Tenure | - | 3 months and above | 6 months and above |
| Minimum Balance | USD | 1,000 | 1,000 |
| GBP | 1,000 | 1,000 | |
| EURO | 1,000 | 1,000 | |
| AUD | 1,600 | 1,600 | |
| JPY | 150,000 | 150,000 | |
| CAD | 1,000 | 1,000 | |
| CNY | 7,500 | 7,500 |
Documents Required
Duly filled Fixed Deposit Account opening form of MBL.