saharsa is located in the Saharsa district of Bihar, near the banks of the Kosi River. The city functions as the administrative headquarter of the Saharsa district in the Mithila region of the state. It is also the capital and divisional headquarter of the Kosi Division that includes three districts. The name Saharsa is believed to have a reference to the Sahars Assembly Constituency, that consists of this city and its neighboring areas. The name originates from saharsha which means laden with joy in Sanskrit. Many residents of Saharsa speak in Maithili. Hindi and Urdu are also widely understood and spoken. The Bagmati and Kosi rivers, along with their tributaries ensure that the area is rich in the alluvial soil which supports cultivation. The main food crop grown here is paddy and the main cash crop is makhana. Bamboo and Teak trees are also largely grown, apart from mango, litchi, mustard, corn, wheat and sugarcane. There are many reputed educational institutes in Saharsa and it has a good network of roads and railway that connect the city to all the nearby areas.
In 1926, seven businessmen of Karur founded Lakshmi Vilas Bank under the leadership of Shri V.S.N. Ramalinga Chettiar. They aimed to serve the financial needs of people who were occupied in trading businesses, industry and agriculture, in and around Karur. 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. After the Banking Regulations Act was introduced in1949, the bank received its banking license from RBI and became a scheduled commercial bank? revealing its capability to operate as a full-fledged commercial bank. Lakshmi Vilas Bank did considerable expansion of its branch network from 1961 to 1965, when the bank took over nine other banks. The bank started the development of its branch network beyond Tamil Nadu in 1974 to take benefit from the additional opportunities across India. Thus, offices were established in the neighboring states of Karnataka, Andhra Pradesh, and Kerala, critical financial centres like Kolkata, Mumbai and New Delhi, as well as in other prominent business centers in Madhya Pradesh, Maharashtra, and Gujarat.