Comparison

MTB Neo vs PI Banking

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MTB Neo

Manage your bank accounts and perform various financial transactions on the go. This app allows real-time account viewing, fund transfers, mobile recharges, and bill payments. It also facilitates opening new products and ordering checkbooks, all secured with advanced encryption and two-factor authentication.

Highlights
  • Real-time account information
  • Fund transfers (local & international)
  • Mobile top-up
  • Credit card management
  • Bill payments
  • FDR & DPS account opening
  • Checkbook ordering
Features
Read full description

Stay connected to your MTB account and services 24/7 with the MTB Neo App, now available for iOS devices. This convenient, free service is offered to all MTB customers registered for the MTB Neo App. With the MTB Neo, you can: * View account information in real-time * Transfer funds to MTB or other banks via NPSB/BEFTN/RTGS * Perform MFS transfers and add beneficiaries * Recharge mobile phones instantly * Access credit card details and pay bills (in local and international currencies) * Opening FDR & DPS products * Order checkbooks and much more How do you activate the MTB Neo App on your device? 1. Click on Register to MTB Neo 2. Input your registered mobile number 3. Verify OTP 4. Select your bank account number or card number 5. Set your user ID and password 6. You are ready to log in to MTB Neo Your Security Is Our Priority MTB ensures a secure mobile-based banking experience with state-of-the-art security features: * Registration Required: You must be registered for MTB Neo to access the iOS app. * Activation Process: App usage requires an activation request from your MTB Neo account. * Advanced Encryption: The service is secured by SSL encryption and additional proprietary encryption technology from MTB. * Device Restriction: Only registered devices can access the MTB Neo iOS App. * Two-Factor Authentication: Every transaction is protected by two-factor authentication for added security. Need Assistance? Our 24/7 MTB Contact Centre is here to help: * Domestic Calls: 16219 or 096040 16219 * International Calls: +880 96040 16219 * Email: customer.service@mutualtrustbank.com With MTB Neo, enjoy seamless, secure, and convenient banking at your fingertips!

About

PI Banking

Access your bank accounts and manage financial services through a mobile application. View account statements, perform fund transfers, pay bills, and recharge mobile phones. Offers both non-transactional and transactional features for convenient banking.

Highlights
  • Account balance and statement viewing
  • Fund transfers (internal and external)
  • Mobile recharge
  • Bill payments
  • Cheque management
  • Card management
  • New account creation
Read full description

Software Development Division of Pubali Bank has developed a Mobile Application named PI (π) for banking services for our customers. PI Banking refers to Mobile Financial Service of Pubali Bank Limited that enables bank customers to access accounts and general Information on bank products and services through Mobile devices. The main intention behind the commencement of electronic banking services is to provide the customers with an alternative that is more responsive and with less expensive options. The reasons for selecting the name of Mobile Apps as PI (π) are as follows: a) It is short and can be remembered easily. b) Earlier smallest unit of currency was PI (BD) c) PI also implies money receivables. d) PI in mathematics is 22/7 = 3.1428571429… implies Possibility Infinite. e) PI Banking also stands for Pubali Internet Banking. In order to get the said services, customers will activate PI App by following steps: a) The interested customer will download and install the PI (π) Apps from App Store (iOS). b) The customers will submit information of Account Number, Name, Date of Birth, e-Mail, Mobile Number, Father’s Name and Mother’s Name through Apps. c) Concerned branch will verify the said information received through Pubali Integrated Baning System with the Physical Account Opening Form and approve when found matched. Branch will communicate with the customer and ensure genuineness. d) After verification from the branch end, ICT Operation Division will verify the information by communicating with customer for PI Banking user activation and activate accordingly. e) Upon activation, the customer will login at the first instance using his/her User ID and Password and giving some secret information provided by her/him earlier at the time of submission to ascertain the genuineness. f) The customer will change her/his Password after the first login and thereafter may change the password frequently at her/his discretion. The services provided to our customers through Mobile App are furnished below: A) Non-transactional features: - My account (Balance of the Accounts) - Last 5 (five) transactions (this is configurable i.e. customers may increase the number of transactions) - Viewing account statements. - Payment status of issued cheques - Cheque book requisition - Stop payment of cheque - Submitting Positive Pay Instruction B) Transactional features: - Fund Transfer - Between the Pubali Bank’s accounts - Between the Pubali Bank and other Bank’s through NPSB, BEFTN and RTGS - Mobile recharge (Postpaid or Prepaid) - Bills Payment - Card Management as Card Bill Payment, Card Statement - Fund Transfer (Any Bank) - Card to Card - Card to Account - Card to MFS - Credit Card Bill Payment - E-Commerce Enable or Disable (On Process) - Fund Management (On Process) - Creating FDR/ any deposit account - Encashment - FDR or Recurring Deposit A/C fund transfer to source A/C (SB, CC, CD,SND) Security of the transmitted data through Internet: To establish security of transmitted data by the customers in our system through internet and to ensure protection against unauthorized disclosure, alteration and fraudulent activities, we are receiving the service of “Sectigo” under license agreement. Thus the transmitted data is being protected through encryption enabled by a Server's Digital Certificate using the software “Sectigo”. This is widely used for security solution of web-server. It incorporates both authentication and encryption. Moreover, the server for the aforesaid banking system has been protected by the well reputed CISCO Firewall, Intrusion Prevention System (IPS) and Intrusion Detection System (IDS) to guard against intruders in the system.

Screenshots

MTB Neo4 screens
PI Banking4 screens

Verdict

The call

The clearest difference is rating: PI Banking at 4.8 against MTB Neo's 3.4. PI Banking also leads on review sentiment (74% vs 41%) and ratings volume (5.5K vs 242). On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

PI Banking holds the better App Store score, 4.8 against 3.4. That said, the two scores are not equally well evidenced: PI Banking has 5.5K ratings behind it against 242, so its average is the more settled of the two. Written reviews point the same way: 41% of MTB Neo's written reviews are positive against 74% of PI Banking's.

UpkeepUpdate frequency

Both ship on a similar rhythm, roughly monthly. The most recent releases landed on October 23, 2026 and October 27, 2026 respectively.

Scorecard3 real differences · 7 level
MTB Neo versus PI Banking: the parameters behind the verdict, then further details
ParameterMTB NeoPI Banking
PriceFreeFree
Rating3.4 (242 ratings)4.8 (5.5K ratings) — better
Positive reviews40.7% of reviews74.4% of reviews — better
Number of ratings2425.5K — better
Update frequencyMonthlyMonthly
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.614.0 — better
Further details — not scored
Size140 MB152 MB
Age rating4+4+
DeveloperMutual Trust Bank LimitedPubali Bank Limited

Customer experience

MTB Neo

All ratings242 ratings
Positive58.3%
Neutral6.2%
Negative35.5%
Written reviews123 reviews
Positive40.7%
Neutral6.5%
Negative52.8%

PI Banking

All ratings4,987 ratings
Positive93.9%
Neutral2.4%
Negative3.7%
Written reviews207 reviews
Positive74.4%
Neutral5.3%
Negative20.3%

User reviews

MTB Neo

From 242 App Store ratings

What we love

  • 👍 Excellent user interface
  • 🚀 Smooth and fast performance
  • 🔒 Enhanced security features
  • 💡 Convenient features like DPS and FDR opening
  • 👍 Fresh and new UI design

Room to improve

  • 🐛 App crashes frequently
  • 🐛 Biometric login not working
  • 🐛 Compatibility issues with new iOS versions
  • 🐛 Slow loading times and server connection issues
  • 🐛 Bugs in specific features like mobile recharge and QR payment

PI Banking

From 5.5K App Store ratings

What we love

  • 👍 User-friendly interface
  • 💡 Convenient banking services
  • 🚀 Fast transactions
  • 🔒 Secure banking experience

Room to improve

  • 🐛 Frequent server/network issues
  • 🔒 Lack of biometric login options
  • 🔍 Inconsistent e-KYC process
  • 🤔 Confusing feature availability

Bugs and requests

MTB Neo

Reported bugs

5 issues
  • App crashes on launch for new iPhones
  • App not working on iPad Air 6
  • Credit card details not visible in the app
  • QR payment not working
  • Registration process bug causing app to close

Requested features

5 requests
  • Add option to choose OTP delivery method
  • Provide deposit scheme closure option in the app
  • Bring back transaction screenshot sharing feature
  • Add card to Apple Wallet integration
  • Improve RTGS feature

PI Banking

Reported bugs

4 issues
  • Login screen freezes
  • Incompatibility with newer OS versions
  • Inconsistent OTP delivery
  • Cash withdrawal feature not working

Requested features

5 requests
  • Add biometric login options (Face ID, Fingerprint)
  • Improve e-KYC process to avoid in-person verification
  • Expand NPSB service coverage
  • Integrate credit card management features
  • Provide option to save/manage debit card details

In-app purchases

None

MTB Neo

No in-app purchases

None

PI Banking

No in-app purchases

Questions

Is MTB Neo free?
MTB Neo is free to download, with no in-app purchases.
Is PI Banking free?
PI Banking is free to download, with no in-app purchases.
Which has better reviews, MTB Neo or PI Banking?
PI Banking is rated higher. MTB Neo averages 3.4 out of 5 from 242 ratings, while PI Banking averages 4.8 from 5.5K ratings.
Do MTB Neo or PI Banking have ads?
Neither MTB Neo nor PI Banking shows ads.
Which is updated more often, MTB Neo or PI Banking?
MTB Neo ships an update monthly, and PI Banking monthly. Most recently, MTB Neo was updated on October 23, 2026 and PI Banking on October 27, 2026.

Other comparisons