Mahalaxmi BankXP is an Android application offered by F1soft that allows users to manage and access their Mahalaxmi Bank accounts conveniently and securely. The app can be accessed through SMS, WIFI, 3G, or Edge. With Mahalaxmi BankXP, users can perform a range of banking services, including viewing their account balances and last five transaction statements, transferring funds between applicable Mahalaxmi accounts, and transferring funds to another bank account associated with Fonepay networks.

The app also allows users to pay bills to utilities like Postpaid, NTC Landline, and Credit Cards, and perform direct top-ups for NTC Prepaid, Postpaid, ADSL, Ncell Prepaid, Ncell Postpaid, DishHome, and Simtv accounts. Users can locate branches, ATMs, and merchants with the app's route navigation feature and receive the latest foreign exchange rates from the bank and stock market value of the bank. In case of theft, loss, or damage, users can stop their credit/debit cards instantly with the app. Mahalaxmi BankXP also enables users to get instant notifications from debit or credit on account activities.