Jammu & Kashmir (J&K) Bank has signed a memorandum of understanding (MoU) with the Administration of Ladakh union territory, conferring preferential status to each other. According to the MoU, the Ladakh UT Administration would nominate J&K Bank as 'preferred banker' for all its banking-related services, while as, J&K Bank would give the 'most favoured client' status to UT Administration and its active permanent employees who maintain their salary accounts with the Bank.
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.
