Mahalaxmi Life Insurance Ltd. (MLIL) is established by the renowned group of business persons, bankers and insurance specialists. MLIL is registered life insurance service provider Company vide registration #137740/072/73 from the Government of Nepal. MLIL is registered to operate Life Insurance Business from Beema Samiti (Insurance Regulatory of Nepal) vide registration # 19/075
Authorized Capital: 5000 Million
Issued Capital: 3000 Million
Paid-up Capital: 2100 Million
Promoter and Public ratio: 70:30
MLIL is promoted by Commercial Banks, Development Banks, Renowned Business Persons & Industrialist, Doctors, Engineers, Advocate, Chartered Accountants, Eminent Professional experienced in Banking, Audit and Insurance.
- Nepal Investment Mega Bank Ltd.
- Jyoti Development Bank Ltd.
- NMB Bank Ltd.
- Mahalaxmi Bikas Bank Ltd.
- Excel Development Bank Ltd.
To become a trusted life insurance company of the nation.
To become a preferred life insurance by offering wide range of innovative and suitable products through the extensive network of enthusiastic and dedicated people adapting modern technology.
To provide life insurance protection to each household of the nation.
- To ensure access to life insurance for all by offering best suited products.
- To adapt to the technological advancement in life insurance sector
- To encourage saving as well as ensure financial security of the insured
- To provide optimum returns to insured and stakeholders
- To adhere to prudent norms and regulatory compliance
- To create insurance awareness among Nepalese