Fees & Charges

Schedule of Charges

Transparent, clear pricing for all MPB banking products and services.

MPB Essential Savings Account

ServiceFee (MVR)Fee (USD)
Account Opening Free Free
Below Minimum Balance Fee 75.00 5.00
Account Closure Fee 150.00 10.00
Account Statement (Branch - Current month) 150.00 10.00
Dormant Fee 75.00 5.00
Balance Confirmation Letter 250.00 30.00

MPB Essential Current Account

ServiceFee (MVR)Fee (USD)
Account Opening Free Free
Below Minimum Balance Fee 75.00 5.00
Account Closure Fee 150.00 10.00
Account Statement (Branch - Current month) 150.00 10.00
Balance Confirmation Letter  250.00 30.00