Laxmi iBank is Laxmi Bank’s Internet Banking Service. Although internet banking is still in its early stages in Nepal, Laxmi Bank has been offering Internet Banking services right from the Bank’s inception in 2002.

What is new in the Upgraded iBank?

Laxmi iBank is an advanced and secure Internet Banking service and offers users the flexibility of managing their personal or business financial transactions from the comfort of their homes or offices, or even while traveling.

Laxmi Bank has embarked upon an Internet Banking awareness campaign since December 2005 and has continuously been pushing its efforts towards educating the community on safe online banking practices.

Some of the things we would like our customers to always bear in mind are:

  • Online users should read the bank’s website privacy policy and fully understand it before using the Internet Banking site.
  • The bank providing Internet Banking should provide safeguards to protect personal information from being accessed by unauthorized persons.
  • Online users should ensure these security mechanisms are in place:
    • Secure method of sending information back and forth
    • Scrambled or encrypted information
    • Firewall
    • Password Protection
    • Automatic sign off after a certain period of inactivity
  • If someone contacts a user via email or the Internet and claims to be representative from their bank, the user by no means should give them any information. If such instances occur, the bank should be contacted immediately.
  • When choosing a password, the user should avoid using easily available information like the user’s mother’s maiden name, birth date, the last digits of passport number, phone number, etc.
  • Users should also try to avoid any word available in the dictionary as their password.
  • Users need to use their judgment to have a difficult password at all time and frequently change it. The password should always be heavily guarded and not be disclosed to anyone.