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MBBL launches targeted new savings account for share investors

Under this account, depositors can avail themselves of the facilities of Savings Account, Demat Account, My Share, C-ASBA, and T.M.S Account through a single account.

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KATHMANDU: In the auspicious occasion of the New Year 2081, Mahalaxmi Bikas Bank Limited (MBBL) has launched the Mahalaxmi Investors Share Saving Account (All-In-One) with the objective of providing all facilities to shareholders through a single account.

Under this account, depositors can avail themselves of the facilities of Savings Account, Demat Account, My Share, C-ASBA, and T.M.S Account through a single account.

Opening a Demat Account and T.M.S Account is free of charge in this zero-balance account, and there are no fees for registering MyShare and C-ASBA as well. The bank itself will collaborate with various stockbroker companies for the T.M.S Account.

With this initiative, the bank aims to increase shareholders’ access to stockbroker companies and build trust in timely savings.

“Strong Bank, Successful Cooperation” has been the rallying cry as this bank has continuously provided high-quality financial services to Nepali households for the past 29 years.

With 103 branches nationwide and nearly 700,000 customers, this bank has firmly established itself as a pillar of the Nepali banking sector.

In addition, the 22nd annual general meeting of the bank held on 2080/09/28 has also passed a resolution to bring foreign banks or financial institutions as strategic partners.