Mahalaxmi Finance opened branch office in Lalbandi today

ShareSansar, June 15:

Mahalaxmi Finance Limited (MFL) opened its 12th branch in Lalbandhi of Sarlahi district on Jestha 32 (today). The branch was inaugurated by Chairman of BoD Babulal Agrawal amid a function. The main aim of the branch is to provide loan to underprivileged people for agriculture.

Mahalaxmi paid up capital stands at Rs 42 crore. Since last 19 years the finance company has been providing dividend to the shareholders from the profit earned. It has successfully won the heart of 30 thousand customers by providing best services.

It has mobilized Rs 4 arba 8 crore in deposits and its loan and advances stood at Rs 3 arba 54 crore. The bank reported an operating profit of Rs 14 crore in the last fiscal year whereas in the third quarter of current fiscal year it earned an operating profit of Rs 8 crore 82 lakh.

The Finance has been providing services like remittance, atm , sms , abbs and safe deposit vault. Also according to the need of the customer the finance will be providing quality services to the customer.