With the addition of a new branch in Teku, Laxmi Bank now has a total of eight branches in Nepal, three of which are inside Kathmandu Valley. The new branch, situated on the premises of National Trading Limited, will host Laxmi's workforce remittance centre in addition to normal banking services. Laxmi Bank expects that the new branch�their third in the last four months�will attract commercial clientele in the Teku/ Kalimati area, as well as residential customers from surrounding neighbourhoods including Kalimati, Tahachal, and Kuleshwor.