# MTB Neo vs PI Banking

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.

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

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.

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

## The numbers

| Metric | MTB Neo | PI Banking |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.4 (242 ratings)](https://appshunter.io/ios/app/mtb-neo/id893471328/reviews) | **[4.8 (5.5K ratings)](https://appshunter.io/ios/app/pi-banking/id1522834437/reviews)** |
| Number of ratings | 242 | **5.5K** |
| Positive reviews | 40.7% of reviews | **74.4% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Monthly | Monthly |
| Monetization | Free | Free |
| Size | 140 MB | 152 MB |
| Requires iOS | 15.6 | **14.0** |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Mutual Trust Bank Limited](https://appshunter.io/developer/1568280319) | [Pubali Bank Limited](https://appshunter.io/developer/1502212327) |

## What reviewers say

### MTB Neo

[App page](https://appshunter.io/ios/app/mtb-neo/id893471328)

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:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

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

**What reviewers complain about**

- 🐛 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

**Reported bugs**

- 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**

- 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

[App page](https://appshunter.io/ios/app/pi-banking/id1522834437)

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

**In-app purchases:** none

**What reviewers like**

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

**What reviewers complain about**

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

**Reported bugs**

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

**Requested features**

- 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


## Frequently asked 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.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*