The library of Mahendra Laxman Mhatre Vyavsayik Mahvidyalay, the fountain of knowledge and inspiration, enjoys the reputation of being one of the best Learning Resource Centre in the vicinity of Thane. The library was established in 2010 with the very inception of the college. The library is situated on the third floor of the college building and is made easily accessible from all sides of the college premises. It has a carpet area of about 1400 Sq.Ft. Complete catalogue of the library holdings has been created by using Information recorded under OPAC is available and Students are using the OPAC extensively for searching the required books and journal articles. On an average 50 books per day are circulated to the readers from Home lending section, Reading Hall, and reference section of the library. The students extensively use Library Reading Hall and around 50 students are availing this facility.

The Library Committee comprises of five teachers, the Principal is as Chairperson, Librarian as an Secretary, One convener and two members. The Committee supervises the overall functioning of the library and looks into details such as policy matters and subject-wise fund allocation. The Library Committee meets once in a year officially and informal meetings of the members are held as and when required. The Committee also meets the Principal to seek her approval and guidance as far as important issues are concerned.