In this article, we introduce the structure of a new extended cone b-metric-like space over a Banach algebra. In this generalized space, we define the notion of generalized Reich-type mappings and prove a fixed point result. We also prove a fixed point result using α∗−ψ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$\\alpha^{\\ast}-\\psi$\\end{document} multivalued contraction and provide some of its consequences. Finally, we furnish with applications to establish the validity of our results.