Laxmi Bank expands with 2 new branches and extension counter; takes banking services to diverse population with 140 branches so far

Thu, Dec 9, 2021 6:55 AM on Latest, Corporate,

Laxmi Bank has inaugurated its 139th and 140th branches in Inaruwa and Urlabari on December 7 and 8 respectively. Its 139th branch is located in Shanti Chowk, Inaruwa – 1 of Sunsari district whereas the 140th branch is located in Urlabari Chowk, Urlabari -5 of Morang district. In addition to these branches, the bank also inaugurated its 9th extension counter in Sepukhola of Barekot Rural Municipality – 8 of Jajarkot District. These branches will offer a full range of retail banking services to their customers and expand their services to small and large businesses.

With the above new addition, Laxmi Bank network now includes 140 branches across 50 districts, 5 hospital service counters, 9 extension counters, 170 ATMs, 2,500 remittance agents, and 63 branchless banking agents spread across the country. The Bank is rapidly expanding to newer and underserved markets with the aim of servicing the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, etc.

The Bank actively promotes 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 us through a channel of their choice: branches, ATM, internet, and mobile phones.