Laxmi Bank Opens Two New Branches

May 15: Laxmi Bank has inaugurated two new branches in Manara Rural Municipality of Mahotari and Khadadevi Rural Municipality of Ramechap. These new branches will offer full range of retail banking services customized to meet the needs of individuals and small businesses, the bank said in a statement. 

With this, Laxmi Bank said its network has now spread to 42 district having 82 branches, three hospital service counters, 101 ATMs, more than 2500 remittance centers, 51 branchless banking locations and 400+ mobile banking agents spread across the country. The bank said it is rapidly expanding to newer and underserved markets with the aim to meet the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. 

According to the bank, it has been actively involved in promoting digital channels such as internet and mobile banking to complement the growing number of branches as part of the ‘bricks and clicks’ strategy allowing customers to reach the bank through a channel of their choice: branches, ATM, internet and mobile phones.  

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