MBBL Introduces Revised Gold and Silver Secured Loan on the Occasion of English New Year 2026

1st January 2026, Kathmandu

To celebrate the arrival of the English New Year 2026 Mahalaxmi Development Bank Limited has officially launched a revised and enhanced version of its Gold and Silver Secured Loan scheme. This strategic product launch is aimed at providing customers with more flexible and attractive financial solutions at the start of the year. By leveraging the high value and liquidity of precious metals the bank is offering a way for individuals and small business owners to access quick capital for their diverse needs.

MBBL’s Revised Gold Loan

The bank management extended their warm New Year greetings to all stakeholders while emphasizing that this product is a reflection of their commitment to evolving alongside the changing financial requirements of the Nepali market.

RESPONDING TO MARKET DEMAND FOR PRECIOUS METAL FINANCING

The decision to revise the gold and silver loan product comes at a time when the demand for these metals is surging in Nepal. Beyond their traditional use in jewelry and cultural ceremonies gold and silver are increasingly being recognized as robust investment assets and reliable collateral for credit. Mahalaxmi Development Bank noted that many customers now view their holdings of precious metals as a strategic reserve that can be mobilized to meet immediate liquidity requirements or to seize new investment opportunities. The revised scheme is designed to bridge the gap between owning these assets and utilizing their financial power without having to sell them permanently.

KEY FEATURES AND COMPETITIVE INTEREST RATES

One of the standout features of the revised loan scheme is the focus on competitive interest rates which are designed to be among the most attractive in the development banking sector. The bank has streamlined its internal processes to ensure that loan processing is simple fast and secure. Customers can obtain loans with minimal documentation compared to traditional property backed mortgages. Furthermore the scheme includes a unique feature that allows customers to use the loan proceeds to purchase gold and silver directly from authorized vendors. This essentially provides a financing mechanism for those looking to build their portfolio of precious metals while using the assets themselves as security.

LOAN LIMITS AND GEOGRAPHICAL AVAILABILITY

Under the newly announced terms the maximum loan limit for an individual or entity has been set at 5 million rupees. This substantial limit makes the product suitable for both personal emergencies and small scale commercial investments. Initially the specialized processing for this service will be concentrated in several key economic hubs including the New Road branches in both Kathmandu and Pokhara as well as the Maharajgunj Hetauda and Bhairahawa branches. However to ensure inclusivity the bank has clarified that customers can submit their initial loan applications at any of its branches nationwide from where they will be guided through the fulfillment process.

Advertisement

STRATEGIC COMMITMENT TO CUSTOMER CENTRIC INNOVATION

Mahalaxmi Development Bank has long operated under the slogan Strong Bank Successful Partnership. This latest product launch is part of a broader institutional philosophy to introduce innovative and customer focused financial products during significant festivals and global milestones like the New Year. By aligning its product launches with the English New Year the bank aims to capture the positive sentiment of the season and help customers plan their financial goals for the upcoming twelve months. The bank leadership expressed confidence that the revised gold and silver loan will play a vital role in helping more than 800000 customers manage their finances more efficiently and securely.

THREE DECADES OF BANKING EXCELLENCE IN NEPAL

With a history spanning over 31 years Mahalaxmi Development Bank has established itself as a reliable pillar of the Nepalese financial landscape. Its longevity is attributed to its ability to maintain high standards of service quality while adapting to technological advancements in the banking industry. Serving a vast and diverse customer base the bank continues to focus on deepening financial inclusion and providing credit to sectors that drive the local economy. The revision of the gold and silver loan is another step in its long journey of providing value added services that go beyond traditional deposit and withdrawal functions.

BENEFITS OF SECURED LOANS OVER UNSECURED CREDIT

For the average consumer a gold or silver secured loan offers several advantages over unsecured personal loans. Firstly because the loan is backed by a high value physical asset the interest rates are generally lower. Secondly the approval time is significantly shorter as the bank primarily needs to verify the purity and weight of the metal rather than conducting an extensive credit history check. This makes it an ideal solution for urgent medical expenses educational fees or sudden business opportunities. The security of the assets is also guaranteed as they are stored in the bank highly secure vaults providing peace of mind to the owners while they utilize the borrowed funds.

CONCLUSION AND NEXT STEPS FOR INTERESTED CUSTOMERS

In conclusion the revised Gold and Silver Secured Loan scheme from Mahalaxmi Development Bank is a timely and valuable offering for the New Year 2026. With a high loan limit of 5 million rupees and simplified processing it stands as a premier choice for those looking to unlock the value of their precious metals. Interested individuals are encouraged to visit their nearest Mahalaxmi Development Bank branch to learn more about the specific interest rates and valuation procedures. As the year begins this facility provides a strong foundation for financial success and partnership between the bank and the citizens of Nepal.

For More: MBBL’s Revised Gold Loan