Laxmi Sunrise Bank Limited is a Class 'A' commercial bank licensed by Nepal Rastra Bank, created by the merger of two established private banks: Laxmi Bank Limited, which had been operating since 2002, and Sunrise Bank Limited. The combined bank has been trading under its present name since mid-2023.
History
Laxmi Bank began banking operations on 3 April 2002 and built a reputation for early adoption of technology in Nepali banking, including internet and card-based services. Sunrise Bank, established in the second wave of commercial bank licensing, developed a substantial retail and remittance business of its own.
The two institutions began joint operation on 14 July 2023 and were renamed Laxmi Sunrise Bank Limited. The merged bank reported paid-up capital of about Rs 26.78 billion in the 2025/26 financial year, placing it among the most strongly capitalised banks in Nepal. The promoter group holds 51 percent of shares and the general public 49 percent, and the shares are listed on the Nepal Stock Exchange.
Services
- Deposit accounts: savings, current, fixed deposits, recurring savings, NRN and foreign currency accounts
- Retail loans: home loans, auto loans, education loans, gold loans and personal lending
- SME and business banking: working capital, term loans, hire purchase and business overdrafts
- Corporate banking, project finance and consortium lending
- Trade finance: letters of credit, bank guarantees and import and export services
- Cards: debit, credit and prepaid cards
- Remittance and foreign exchange services
- Digital banking: mobile banking, internet banking and QR payments
- Safe deposit lockers, bancassurance and merchant banking through its capital subsidiary
Branch network
The merged bank operates a nationwide network of branches, extension counters and ATMs covering all seven provinces, combining the two predecessor networks. Its head office is at Laxmi Complex in Hattisar, Kathmandu, with branches across the Kathmandu valley and in Pokhara, Biratnagar, Birgunj, Butwal, Nepalgunj, Dharan, Itahari, Janakpur, Hetauda and Dhangadhi.
Contact and international banking
The customer care centre can be reached on 01-5970684 and the head office on 01-4544684. International transfers, trade settlement and remittance run through SWIFT code LXBLNPKA.
At a glance
- Type: Class 'A' commercial bank
- Laxmi Bank operations began: 3 April 2002
- Merger: Joint operation with Sunrise Bank from 14 July 2023
- Head office: Laxmi Complex, Hattisar, Kathmandu-1 (P.O. Box 19593)
- Paid-up capital: about Rs 26.78 billion (FY 2025/26)
- Ownership: promoter group 51 percent, general public 49 percent
- SWIFT code: LXBLNPKA
- Phone: 01-5970684 (customer care), 01-4544684 (head office)
- Email: info@laxmisunrise.com
- Website: laxmisunrise.com