Prabhu Mahalaxmi Life Insurance Pledges NPR 5.1 Million to Prime Minister Disaster Relief Fund

29th August 2026, Kathmandu

Prabhu Mahalaxmi Life Insurance Limited has pledged NPR 5.1 million (NPR 51 lakh) to the Prime Minister Disaster Relief Fund to support emergency rescue, relief, and long term rehabilitation for communities affected by the Bhote Koshi River flood.

Prabhu Mahalaxmi Pledges Aid 

The decision was formalized through a circular resolution by the Board of Directors on Bhadra 11.

Disaster Context and Affected Regions

Severe Impact: Flooding on Bhadra 10 resulted in significant loss of life, extensive property damage, destroyed infrastructure, and displaced hundreds of families.

Affected Districts: Heavy inundation impacted riverside settlements across Rasuwa, Nuwakot, Dhading, Gorkha, and Chitwan districts.

Sector Alignment: The company expressed solidarity with rescue and rehabilitation initiatives undertaken by the Government of Nepal, local organizations, and security agencies.

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CSR Contribution and Operational Focus

Financial Assistance: The NPR 5.1 million allocation is provided under the company Corporate Social Responsibility initiative.

Relief Scope: Aligned with its core motto, the contribution is aimed at aiding search and recovery operations, distributing food and basic supplies, providing medical support, and funding reconstruction.

Track Record: Prabhu Mahalaxmi Life Insurance noted its history of extending financial and material assistance during national emergencies, pandemics, and natural disasters.

Institutional Statement and Condolences

Tribute and Sympathy: The management paid tribute to those who perished in the floods, offered deep condolences to bereaved families, and expressed hopes for the swift recovery of the injured and the safe rescue of missing individuals.

Gratitude to First Responders: The company extended its respect and appreciation to security personnel, rescue teams, volunteers, and local authorities operating in disaster-hit zones.

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