Mahalaxmi Bikas Bank Ltd.

Mahalaxmi Bikas Bank Limited (NEPSE: MLBL) is a class B development bank headquartered in Durbarmarg, Kathmandu, Nepal. The bank offers a range of deposit products such as normal savings, recurring deposits, and fixed deposits, as well as credit products including home loans, green home loans, business loans, margin lending and specialized loans for deprived sectors. It also provides digital banking services like internet banking, QR payments, debit and credit cards, and remittance facilities. With a network of 99 branches and 33 ATMs nationwide, the bank serves over 800,000 customers. It was the first national development bank to meet the capital standards set by Nepal Rastra Bank for a ‘B’ class bank. The company was established in 2052 BS.

Key Facts

Operation Date

2017‑07‑02

Class

B‑class National Development Bank

Number of Branches

99

Number of ATMs

33

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