June 28: Laxmi Bank on Thursday inaugurated its 109th Branch at Chanauli in Chitwan district. This new branch will offer full range of retail banking services customized to meet the needs of individuals and small businesses, according to the bank.
With the opening of the new branch, Laxmi Bank’s network now includes 109 branches across 48 districts, two extension counters and four hospital service counters, 130 ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.
In the provincial set up, the bank now has 39 branches in Province 3. The bank said in a statement that it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand of customers for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc.