About Us

Overview

Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. Bank is listed on the NSE and the BSE and has its Corporate Headquarters at Srinagar. Bank functions as a leading bank in the Union Territories of Jammu & Kashmir and Ladakh and is designated by Reserve Bank of India as its exclusive agent for carrying out banking business for the Government of Jammu & Kashmir and Ladakh. J&K bank caters to banking requirements of various customer segments which includes Business enterprises, employees of government, semi-government and autonomous bodies, farmers, artisans, public sector organizations and corporate clients. The bank also offers a wide range of retail credit products, including home, personal loans, education loan, agriculture, trade credit and consumer lending, a number of unique financial products tailored to the needs of various customer segments.

Major Distinctions

The Bank being the major financial player in the UT of Jammu and Kashmir holds a leading market share of 61.39% under banking business and 38.37% branches of all the banks operating in the J&K UT as of December 31, 2024
Designated as RBI’s agent for carrying out banking business for the Government of UTs of J&K and Ladakh.
Authorized to collect central taxes for CBDT.
Nodal Bank for PFMS in UT of J&K and Ladakh.
Convenor of Union Territory Level Banker’s Committee (UTLBC) in UT of J&K.
Acting as lead bank in 12 districts of J&K.
Unique and competitive position within UT’s of J&K and Ladakh due to its strong market presence.
Account base of 2.10 Crore as on 31st March 2025 and customer base of 1.25 Million

Awards and Recognitions

Best Performance on Profitability award in the category of Private Sector Bank (Mid Size) at the 2nd ICC Emerging Asia Banking Conclave & Awards 2024
Platinum Award under the category of Process Innovation at Infosys Finacle Innovation Awards – 2024
Award of Excellence for enrolling the maximum number of APY beneficiaries under the ‘Mission Upgrade’ campaign of PFRDA for FY 2024
‘Gold Award’ under the category of Process Innovation at Infosys Finacle Innovation Awards – 2023
Best MSME Bank at MSME Banking Excellence Awards (2023)
Second best award for promoting Government Schemes under ‘Private Bank’ category at MSME Banking Excellence Awards (2023)
SKOCH Gold Award for Corporate Governance at 100th SKOCH Summit (2023)
Best Performance in CASA-India (1st Runner up in Small Bank Category) at ICC Emerging Asia Banking Conclave & Awards 2022 organized by Indian Chamber of Commerce in Goa on 8th July 2023
CSO 100 Award – 2022
Special Cyber Security Award 2022 on Access and Identity Management for its Privilege and Customer Authentication Framework for FY2020-21
First Scheduled Commercial Bank in the country to attain the esteemed Payment Card Industry Data Security Standard (PCIDSS) Version 4 certification
Awarded as Best Performing Primary Lending Institution under Pradhan Mantri Awas Yojana (Urban) - Credit Linked Subsidy Scheme (CLSS) through various innovative initiatives
Award from HUDCO for outstanding contribution towards housing sector under PM Awas Yojana
Award for outstanding performance in promoting digital payments at Digital Payments Utsav organized by Ministry of Electronics and Information Technology, Government of India at New Delhi
Outstanding Performance Award for agriculture financing at the 15th Agriculture Leadership Conclave
Certification of prestigious ISO 27001:2013 from Intertek - a reputed London-based Total Quality Assurance provider - for being compliant with the best industry standard in terms of privacy and security protocols

Profile of the Bank

GovernmentGovernment of Jammu & Kashmir & Ladakh holds majority shareholding of 59.40% in the Bank as on December 31, 2024. Bank has a network of 1012 branches and 1423 ATMs as on December 31, 2024 spread over 18 states and 4 UTs across the country. Out of 1012 Branches, 837 are operating in the UT of J&K, 37 in UT of Ladakh and 138 are operating outside the UTs of J&K and Ladakh. Besides, Bank has 97 Ultra Small Branches known as Easy Banking Units (EBUs) in UT of J&K and Ladakh.
J&K Bank occupies a unique and dominant position within Jammu and Kashmir due to its strong market presence and status as exclusive agent designated by the Reserve Bank of India for carrying out banking business for the Government of Jammu and Kashmir and its government owned institutions and departments. The bank collects tax revenues within the UTs of J&K and Ladakh for the central Government on behalf of the Central Board of Direct Taxes and Central Board of Excise and Customs, and works with the UT Government of J&K & Ladakh in the implementation of a number of flagship initiatives involving employment of youth, women empowerment etc.
With a significant number of these branches operating within Jammu and Kashmir and Ladakh, J&K Bank stands as a pillar of support for the local communities while also extending its exceptional services beyond these regions.
J&K Bank caters to banking requirements of various customer segments which includes employees of government, semi-government and autonomous bodies, farmers, artisans, public sector organizations and corporate clients. The bank also offers a wide range of retail credit products, including home, personal, educational and automobile loans, agriculture loan, trade credit including a number of unique financial products tailored to the needs of the people of Jammu and Kashmir.

Subsidiaries, Associates & Partnerships

JKB Financial Services Limited (Fully owned by J & K Bank)
Providing Depository Services
Offering Stock Broking Services
Mutual fund and other financial services.
Sponsor of J&K Grameen Bank (Regional Rural Bank)
Life Insurance & Non-life Insurance Partners:
LIC Life Insurance.
PNB Metlife Life Insurance
Bajaj Life for Life Insurance.
Bajaj Allianz General Insurance.
Iffco Tokio General Insurance.
New India Assurance General Insurance.

Vision

“Pioneering the economic and social transformation “.
“To become a committed partner in fostering economic and social transformation across the country through a deep commitment to value creation for all our stakeholders, while continuing to build on our historic business relationship with Jammu & Kashmir and Ladakh. Besides, the Bank operates on the principle of 'socially empowering banking' and endeavors to deliver innovative financial solutions to all segments of the society which include household, small and medium enterprises etc.”

Mission

To acquire an enhanced business footprint across geographies and emerge as a prominent national brand in the financial sector.
To position the Bank as the “Most Preferred Bank” for Customer focus, Operational Excellence and High Integrity towards one and all stakeholders.
To be the best-in-class financial intermediary, leveraging our digital and physical banking channels;
To observe customer centricity through service excellence, integrity and transparency, and a comprehensive range of innovative products and services responsive to customer needs.
To be a lean, learning and efficient banking organization focusing on prudent, sustainable, profitable growth and value creation.
To adopt the best standards for corporate governance, business ethics and risk management.
To vigorously promote financial inclusion as a business proposition to harness the potential at the bottom of the pyramid.