Mahalaxmi Bikas Bank opens All-in-One Investor Account for share investors

KATHMANDU:Mahalaxmi Bikas Bank has introduced the Mahalaxmi Investors Share Savings Account (All-in-One). According to the bank, this account was launched  to provide all facilities to share investors through a single account.

This account claims to provide savers with the benefits of a Savings Account, Demat Account, Mere Share, C-ASBA, and TMS Account all in one. This account, which can be started with a zero balance, allows for the free opening of a demat and TMS account, as well as the registration of Mero Share and C-ASBA will not be charged. The bank has also stated that the essential coordination with various stock broker organizations for the TMS account will be handled by the bank.

The bank believes that this will increase stock investors' access to the stock broker company while saving time.