Mahalaxmi Development Bank
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Listing Name | : Mahalaxmi Development Bank |
Description | :
Mahalaxmi Development Bank Limited, a nationally licensed Class “B” development bank based in Durbarmarg, Kathmandu, began its journey in 1996 (2052 B.S.) and has grown through the merger of seven financial institutions to emerge as one of the largest development banks in Nepal. With a paid-up capital of over NPR 4.3 billion, it serves around 800,000 customers via 103 branches and 49 ATMs. Under the motto “Strong Bank, Successful Cooperation” and led by a team of seasoned professionals, the bank emphasizes digital services, robust corporate governance, and social responsibility—earning awards for excellence in financial reporting and staff training. Its commitment to community upliftment is evident through CSR initiatives such as supporting Orchid Garden Nepal and Bal Sarathi Academy. Recent collaborations include an MoU with NCHL to enable cross-border Nepali–Indian payments and partnerships with Global IME Bank to offer non-fund-based trade facilities. |
Address | : 2nd Floor Annapurna Arcade II, Durbarmarg |
City | : Kathmandu |
Phone | : 01- 5368719 |
: info@mahalaxmibank.com.np | |
Website | : www.mahalaxmibank.com |