Mission Development Bank Limited, a three district operational financial institution of category licensed by Nepal Rastra Bank, was established on 2066/07/05 under the Company Act, 2063 and has been carrying out its activities as per the Nepal Rastra Bank Act 2058, and Bank and Financial Institution Act, 2063. It commenced its operation as one of the financial institutions of Nepal from 2067/03/01 after receiving a license from Nepal Rastra Bank as on 2067/02/02. It is founded by promoters with long years of managerial expertise and having a strong background in financial and banking profession, agriculture sector, trading sector, education sector and in other various business sectors.
The Bank has been registered with authorized capital of NPR 200 million and currently holds issued capital of NPR 172.5 million and paid up capital of NPR 172.5 million. The bank is dedicated in performing its banking activities and services for the prosperity of the people in the region and ultimately the nation.The bank registered office is situated at Butwal 8, Durga Mandhir Line, Rupandehi ; which is also the Central office of the Bank. Currently, the bank is carrying out its activities in three districts, i.e. in Rupandehi, Nawalparasi, and Kapilbastu through 8 branches.