The Jammu and Kashmir Bank was founded on 1 - October - 1938 under letters patent issued by the Maharaja of Jammu and Kashmir, Hari Singh.

Jammu Kashmir Bank offers Personal Loan for Consumer Goods, Saral Finance for government employees, Saral Finance for pensioners, for solar lighting and photo voltaic finance, laptop or PC finance and scooty finance for girls or ladies.

Interest rate
Borrower Profile Interest Rate
Central/state government employees with J&K Bank salary account 14.25% per annum
Salaried individuals without J&K Bank Salary account 15.25% per annum
Self-employed individuals 16.25% per annum

Eligibility Criteria:

You must be employee of government, semi-government, civic bodies.

You can be self-employed with an assured income.

Document require

1. Signed application form with photograph
2.Copy of passport/voter ID card/driving license
3. Processing fee cheque
4. Last 3 months bank statement/6 months bank passbook
5. Documentation for salaried applicants:
Latest salary slip
Current dated salary certificate with the latest Form 16
6. Documentation for self-employed applicants:

Latest Bank statement
Latest ITR or Form 16

Bank profile:
Type Semi-Government
Traded as NSE: J&KBANK, BSE: 532209
Industry Banking, Financial services
Founded 1 October 1938
Headquarters Srinagar, Jammu and Kashmir, India
Key people Parvez Ahmad (Chairman & CEO)
Products Credit Cards
Mortgage loans
Services Consumer Banking
Corporate Banking
Financial Services
Private Banking
Cash Management
Mobile Banking
Revenue 68.21 billion (US$1.1 billion)(2015–16)
Operating income 116 billion (US$1.8 billion)(2015–16)
Net income 32.55 billion (US$510 million)(2015–16)
Total assets 420 billion (US$6.5 billion) as on 31 March 2016
Total equity 49.06 billion (US$760 million)(2012–13)
Number of employees 9400 as on 31 March 2013