Hello Subin,
the recommended practice is to use LACP for having a protocol that exchanges messages over each member link.
However, you need to test because not all MPLS L2 VPN services are equal and not all of them allow LACP messages to be exchanged.
On your devices you need to configure a bundle using
interface type x/y
channel-group N mode active
the same group N has to be used on the ports of the same switch.
You can find a free unused bundle number by looking at
show etherchannel summary
possible values for the bundle number are platform dependent.
If both service providers transport LACP frames over their own network you are fine.
Hope to help
Giuseppe