Mahalaxmi Bikas Bank Limited (MLBL), a leading development bank in Nepal, has introduced a new facility that allows customers to purchase travel and tour packages using its credit cards. This initiative has been launched with the upcoming festive season in mind, aiming to make travel planning more convenient, secure, and flexible for its customers.
Targeting Festive Travel Trends
Nepalis have increasingly embraced the tradition of traveling abroad during major festivals such as Dashain, Tihar, and New Year. Observing this growing trend, MLBL has rolled out this customer-centric service to enable seamless travel bookings during the holiday period. By integrating modern banking solutions into the travel industry, the bank aims to combine convenience, affordability, and digital security for its clients.
Partnership with Reputed Travel Agencies
To ensure quality service delivery, Mahalaxmi Bikas Bank Limited (MLBL) has partnered with reputable travel agencies. Initially, the facility will be available through Guru Travels Ltd. at Durbar Marg and Recent & Rhythm Tours & Travels at Uttardhoka, Kathmandu. Under these partnerships, MLBL credit cardholders can directly purchase various domestic and international tour packages from these agencies and enjoy flexible payment options.
Flexible EMI Options without Processing Fees
One of the key highlights of this service is the flexible Equated Monthly Installment (EMI) plan. Customers can convert the total cost of their purchased tour packages into monthly installments ranging from 6 months to 12 months, according to their preference and financial capacity. The process is simple: after purchasing a tour package, the customer can submit the bill to MLBL, which will then convert the total amount into EMI payments. Importantly, the bank has announced that no EMI processing fees will be charged for these transactions, making it even more cost-effective.
Boosting Digital Payments
The introduction of this facility is part of MLBL’s broader strategy to promote digital transactions in Nepal. By encouraging customers to use credit cards instead of cash for travel purchases, the bank is helping to advance secure, traceable, and technology-driven financial practices. The bank believes this initiative will not only add excitement to the festive season but also make celebrations more meaningful by reducing the immediate financial burden on travelers.
Recent Digital Innovations
This travel package facility follows closely on the heels of MLBL’s recent technological upgrade, the addition of a virtual credit card feature to its mobile banking app, Mahalaxmi Smart Saathi.
With the virtual card, customers can make secure online payments without using their physical card, reducing the risk of fraud and enhancing convenience for e-commerce transactions, including travel bookings.
Bank’s Growing Network and Customer Base
Mahalaxmi Bikas Bank has positioned itself as one of Nepal’s fastest-growing development banks. Operating under the motto “Sabal Bank, Safal Sahakarya” (Strong Bank, Successful Cooperation), MLBL provides high-quality financial services across the country. The bank currently serves over 8 lakh customers through a robust network of 103 branch offices nationwide. This extensive presence enables the bank to deliver innovative banking solutions to both urban and rural customers.
Customer-Focused and Festival-Ready
By combining strategic partnerships, flexible payment terms, and a focus on digital solutions, MLBL is aligning its services with customer needs during high-spending festive periods.
The bank anticipates that this service will be particularly attractive to middle- and upper-income families planning leisure trips, pilgrims visiting religious destinations, and youth groups seeking international holiday experiences.
How Customers Can Access the Service
- Step 1: Contact Guru Travels Ltd. or Recent & Rhythm Tours to select a travel package.
- Step 2: Pay using your MLBL credit card.
- Step 3: Submit the purchase bill to MLBL to convert the payment into EMIs.
- Step 4: Enjoy a repayment period of 6–12 months with no processing fee.
Looking Ahead
MLBL’s credit card travel package service marks another step in the bank’s ongoing mission to blend modern financial products with the lifestyle needs of its customers. As more Nepalis embrace travel as part of their festive celebrations, such innovations are likely to play a vital role in making these experiences more accessible and financially manageable.
