Alt Investments
Axis Bank Launches Mohur Silver Bars

Axis Bank, the Indian lender, has added silver bars to its product line up to tap the nation's growing demand for premium product items.
Mohur Silver Bars are 24-carat silver imported from PAMP Switzerland and have a purity assay certification of 99.99 per cent, or the highest level of purity by international standards. The bars come in 100-gram denomination and are each placed in tamper-proof packaging to ensure zero damage.
"Historically, siler has always been considered auspicious and a harbinger of good luck and fortune. We've packaged the bars such that these can be gifted at special occasions," said RK Bammi, executive director for retail banking at Axis Bank.
The rectangular silver bars will initially be available at the firm's major branches in Mumbai, Delhi, Kolkata, Chennai, Bangalore, Hyderabad and Ahmedabad, and may be purchased by all Axis and non-Axis Bank clients through cash, credit or account debit upon the completion of the necessary paperwork.
The launch of the silver bars complements Axis Bank's existing retail offering for Mohur Gold Bars, which are available over-the-counter at all its 1400 branches nationwide.