sultan Pur Majra is located in the North West district of Delhi. It is a census town and an integral part of the National Capital Region of India or NCR. This city has more than 1.6 lakh people who mostly speak in Hindi and English. The residents of this town mostly work in various service sectors of the NCR region. Sultan Pur Majra is being rapidly developed into a residential city. Modern amenities such as educational institutes, entertainment facilities, recreational facilities, shopping centers are being gradually set up in the area to offer a comfortable lifestyle to the people. Sultan Pur Majra is very well connected to the capital city of Delhi via road and Delhi metro.
After the Banking Regulations Act was introduced in1949, the Laxmi Vilas Bank received its license from RBI and became a scheduled commercial bank? revealing its capability of operating as a full-fledged commercial bank. The Laxmi Vilas Bank is a private sector bank and was founded in 1926. It is based in Chennai, Tamil Nadu, India and did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. In 1976, the bank obtained the status of Authorized Dealer in foreign exchange for providing services to the customers involved in international trade as well as to travelers who travel overseas. In 1977, the mechanization was introduced in the administrative office. The bank implemented core Banking Solution (CBS) in October 2006, and all of the banks branches were migrated to CBS by March 2008. Lakshmi Vilas Bank has 523 offices,984 ATM centers, and seven extension counters, as of 2018. Mr. Partha Sarthi Mukherjee is the MD and CEO of Lakshmi Vilas Bank. The bank was established on November 3, 1926, under the Indian Companies Act, 1913, and on November 10, 1926, it obtained the certificate to commence business.