Mahalaxmi Bikas Bank Unveils Exciting New Year Plans with Low-Interest Loans
Mahalaxmi Bikas Bank Limited (MLBL) is introducing attractive plans for the new year 2081, featuring low-interest rates on Mahalaxmi Home Loan, Mahalaxmi Business Loan, and Mahalaxmi Vehicle Loan (Personal). The scheme offers a competitive annual interest rate of 10.99% on home and business loans and 11.49% on personal vehicle loans.
The initial year maintains a fixed interest rate, with women eligible for a service fee discount of up to 25%. Loans are disbursed within 3 working days upon submission of all required documents.
The Mahalaxmi Ghar loan, designed for various property-related needs, spans a flexible term of 2 to 30 years, with loan amounts up to 5 crores. A business loan plan addresses small and medium businesses, offering a competitive rate of 10.99% for terms ranging from 1 to 15 years.
The Mahalaxmi Vehicle Loan (Personal) at an 11.49% annual interest rate covers electric vehicles and other vehicles, providing loans based on the VAT bill or quotation price. The terms for personal vehicle loans range from 2 to 5 years.
With 28 years of service and the motto "Strong Bank, Successful Cooperation," Mahalaxmi Bikas Bank has been a reliable provider of financial services in Nepal. The bank's 22nd annual general meeting in 2080/09/28 passed a resolution to welcome foreign banks or financial institutions as strategic partners.
