News And Updates

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Date: 2075-11-08

A contract has been signed between Mahalaxmi Development Bank Ltd. and Mahalaxmi Life Insurance Ltd. on providing the insurance policy form even from Mahalaxmi Development Bank Ltd. As per the agreement, Mahalaxmi Development Bank Ltd. will be selling the life insurance products of Mahalaxmi Life Insurance Ltd. all over the country via its 101 branches. The company has started its services from 27^th of Magh, 2075, with the announcement of three plans namely Mahalaxmi Endowment Plan, Double Endowment Plan and Lagani Firta Myadi Beema. The company has already started its services from Kathmandu, Pokhara and Birgunj and has targeted to start its services from 10 other branches namely Birtamod, Itahari, Janakpur, Lahan, Narayanghad, Butwal, Dang, Kohalpur, Surkhet and Dhangadi from the month of Falgun.

The agreement has been signed between Mr. Krishnaraj Lamichhane, the Chief Executive Officer of Mahalaxmi Development Bank Ltd. and Mr. Ramesh Kumar Bhattarai, the Chief Executive Officer of Mahalaxmi Life Insurance Ltd.