Mahalaxmi Bikas Bank's Partnership with NIC Asia Capital

Mahalaxmi Bikas Bank Limited (MLBL) and NIC Asia Capital Limited have collaborated to enhance access to the Systematic Investment Plan (SIP) for Mahalaxmi Bikas Bank customers.

This partnership involves Mahalaxmi Bikas Bank serving as a distribution agent for NIC Asia Dynamic Debt Fund, an open-ended scheme offered by NIC Asia Capital Ltd.

The agreement aims to leverage Mahalaxmi Bikas Bank's branch network to expand investment opportunities for investors nationwide. By facilitating access to the NIC Asia Dynamic Debt Fund, the collaboration seeks to promote financial inclusion and empowerment in the overall financial sector.

Initially, this service will be available at the Darbarmarg branch and will gradually expand to other branches across the country. Embracing the motto "Strong Bank, Successful Cooperation," Mahalaxmi Bikas Bank has been providing quality financial services to the Nepalese people for 29 years.

Additionally, the bank's 22nd annual general meeting has passed a resolution to seek strategic partnerships with foreign banks or financial institutions.