Jammu & Kashmir (J&K) Bank is aiming to tap the benefits of the phase of accelerated growth in Jammu and Kashmir driven by various measures taken by the Union Territory administration, especially in infrastructure, agriculture and tourism sectors.
The bank also plans to outsource most of the micro and para-banking services like utility bill collection, remittances and small payments to business correspondents. This will not only reduce the burden of Bank but ensure the viability of all the business correspondents while taking the services closer to the doorsteps of its customers especially in rural and semi-urban areas.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
