Mahalaxmi Bikas Bank Launches “Magh Mahotsav” to Promote Digital Banking

Mahalaxmi Bikas Bank Limited (MLBL) has launched “Mahalaxmi Magh Mahotsav”, a digital promotion campaign for the month of Magh 2082 to encourage safe, convenient, and cashless banking transactions. As part of the initiative, the bank is offering higher interest rates on fixed deposits opened through its mobile app “Mahalaxmi Smart Sathi,” along with full fee waivers on debit cards, mobile banking registration, and credit card issuance and annual fees.

Customers can also enjoy cashback on pharmacy bill payments made via the mobile app and free registration for the “Koili” audio payment notification service. The campaign aims to expand access to digital banking, reduce the need for in-branch visits, and further promote digital transactions across the country.