Mahalaxmi Bikas Bank Relocates Maitidevi Branch to New Premises

6th July 2026, Kathmandu

Mahalaxmi Bikas Bank Limited has officially announced the structural relocation of its Maitidevi branch office within the Kathmandu district.

MBBL Relocates Maitidevi Branch

The localized operational shift comes into effect immediately to enhance customer convenience, provide a more organized service space, and upscale regular commercial transactions for retail depositors.

The newly constructed administrative facility began full retail operations on July 6, 2026, matching the localized calendar date of Ashar 22, 2083. The commercial development enterprise confirmed that all modern deposit taking, counter clearance, micro financing, and digital setup support facilities have transitioned smoothly to the new premises without operational delays.

GEOGRAPHICAL SHIFT AND STRUCTURAL DETAILS

The strategic repositioning of the branch line relocates the main teller desks closer to primary transit corridors within the metropolitan territory. The bank management team confirmed that the relocation occurs entirely within the same administrative ward boundary to avoid regional customer confusion:

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• Previous Operational Address: Ward Number 30, Maitidevi, Kathmandu Metropolitan City, Kathmandu.
• Updated Operational Address: Located approximately 500 meters west of the former office structure, situated near the prominent Petrol Pump in Gyaneshwor, Ward Number 30, Maitidevi, Kathmandu.

The centralized customer relations desk has advised all local account holders, saving groups, and corporate credit clients to visit the new venue for all physical counter clearances, locker interactions, and statement collections. The automated teller machines linked to the branch have also been recalibrated to ensure uninterrupted cash distribution cycles around the clock.

CORPORATE SOCIAL PROFILE AND PLATFORM ADVANCEMENT

Mahalaxmi Bikas Bank Limited continues to upgrade its urban and rural physical infrastructures to capture emerging retail market demands. The Class B national development bank leverages its expansive operational timeline of over three decades to implement modern digital banking integrations alongside conventional counter services.

The commercial network layout currently supports a massive base of more than 800,000 active individual savers and micro enterprise borrowers. The physical network features 103 stylized branch offices alongside 33 automated teller machines positioned across key provincial trade lines.

Moving further into the subsequent quarters of the current fiscal year, the corporate board plans to combine these localized physical upgrades with automated smart features. By deploying modern mobile banking options and upgrading core infrastructure points like the Maitidevi service unit, the institution remains focused on accelerating inclusive financial habits while maximizing protection for institutional stakeholder capital.

For More: MBBL Relocates Maitidevi Branch