Jammu & Kashmir Bank

Jammu and Kashmir Bank Limited was incorporated on 1st October, 1938 and commenced its business from 4th July, 1939 at in Kashimir (India). The Bank was the first in the country as a State owned bank.

According to the extended Central laws of the state, Jammu & Kashmir Bank was defined as a govt. Company as per the provision of Indian companies act 1956. In the year 1971, the Bank received the status of scheduled bank. It was declared as "A" Class Bank by RBI in 1976.

During the fiscal year 2004-05, J&K Bank achieved all time high turnover (18.66%) of Rs. 33162.11 crore from Rs. 27946.32 crore of the previous year. The Capital & Reserves of the Bank was increased from Rs. 71.66 crore to Rs. 1665.40 crore in the same year from Rs. 1593.74 crore or the previous year.

Today, J&K Bank is one of the fastest growing banks in the country with more than 500 branches/offices.

Depository Services Scheme of J and K Bank

• Dematerialisation (Demat)
• Stock Broking through INVESTMART an initiative of ILFS
• Depository
• Depository Participant
• Market transaction
• Off-market transactions
• Pledge of securities
• Rematerialisation (remat)

Insurance offered by J and K Bank

Insurance products of Jammu and Kashmir Bank is offered in association with Bajaj Allianz General Insurance Co. Ltd.

• Motor insurance
• Hospital cash
• Burglary
• Shop keepers

In association with Metlife, the Bank is offering the following Life Insurance Policy to its customers:

• Met Bhavishya - A flexible money-back plan
• Met Junior - Par Endowment
• Met Mortgage Protector SP - Single Premium Mortgage Protection Plan
• Met 100 - Limited Pay Whole Life Insurance
• Met 100 Gold - Par Whole Life
• Met Platinum (Endowment) - Participating endowment assurance for face amounts above Rs. 3 lakh
• Met Riders - Customization tools for policies

Credit Card of J and K Bank

Initially there are three types of Credit Cards issued by Jammu and Kashmir Bank. They are as mentioned below:

• Gold Card
• Silver Card
• Blue Card

All the above cards is also available with photo along with a family/add on Cards. The Card is accepted by all those Merchant Establishments who honour MASTER cards. ATMs linked with MASTER cards accepts JKBank Credit Card.

Charges/fee for issue of Cards:

Nature of Fee	Blue Card	Silver Card	Gold Card
Entrance Fee	Nil	Nil	Nil
Annual Fee	Rs. 500.	Rs.700.	Rs.1000.
Renewal Fee	Rs. 300.	Rs.500.	Rs.700.
Add-on Card	Rs.200.	Rs.300.	Rs.500.

J & K Corporate Office

Maulana Azad Road
Srinagar,190001
JK - India
Tel. : +91 194 481930, 481931, 481932

Website of Jammu & Kashmir Bank
www.jkbank.net