Muktinath Bikas Bank Launches ‘Pocket Money’ Savings Account for Teenagers

Muktinath Bikas Bank has introduced the "Muktinath Pocket Money Savings Account", targeting youth aged 15 to 18, especially SEE graduates. This account aims to promote financial literacy, the importance of saving, digital banking, and awareness of electronic transaction risks.

With a minimum balance of Rs. 50, customers receive free mobile banking until age 18, along with free financial literacy sessions, a Demat account, and MERO SHARE registration. The bank also promotes digital convenience through its Muktinath Faida App, enabling online banking services from home without visiting the branch.