Sanima Bank offers best buy silver deal for retail customers

ShareSansar, October 24:

Targeting the ongoing festive season, Sanima Bank Limited has introduced a mouthwatering offer to ensure that the people get the best deal when it comes to buying silver.

The silver bar offered by the commercial bank comes with ‘ASSAY certification’, which guarantees highest degree of purity anywhere in the world, and each bar weighs exactly 1 kilogram.

“The best part is that it is aimed at individual, retail customers, and they need not hold an account in our bank,” said Saroj Guragain, head of the bank’s treasury. “A copy of the citizenship certificate is the only document required.”

Other comemrcial banks also offers precious metals of the highest degree of purity, but they are in granule form and sold in a stock of four bags, each weighing 20/25 kilograms.

“You have to invest around approx Rs 70 lakhs if you want to buy the silver granuels offered by the other commercial banks,” Guragain added. “A very few retail customers can afford that.”

The silver bar offered by Sanima Bank is reasonably priced at the live room price, which today hovers around Rs 81,000, the bank informed.

The perfectly timed offer has come as a relief to the customers who are apprehensive about the quality and price of the precious metal in the local market.

Precious metals are an integral part of the upcoming Tihar, and buying gold and silver is considered very auspicious during the festival of light.