Mahalaxmi Bikas Bank Limited (MLBL) has introduced a revised Loan Against Bullion scheme, offering loans of up to NPR 50 lakh against gold and silver. The bank said the updated facility comes with a competitive interest rate, simple processing, and enhanced security measures. Customers can obtain loans by pledging gold or silver purchased from authorized dealers.
While the service is available through select branches in Kathmandu, Pokhara, Maharajgunj, Hetauda, and Bhairahawa, applications can be submitted at any branch across the country. Marking the English New Year 2026, the bank stated that the offer is aimed at improving customer convenience and promoting responsible financial management.
With more than 31 years of banking experience and over 800,000 customers, Mahalaxmi Bikas Bank continues to expand its range of retail and secured loan products.