Jammu and Kashmir Grameen Bank – Services and Profits

Jammu and Kashmir Grameen Bank 

Jammu & Kashmir Grameen Bank established on 28th of June, 2009 in accordance with GOI Notification from 30th of June, 2009 by merging of Jammu Rural Bank and Kamraz Rural Bank. The headquartered located at Narval, Jammu. It is a private bank owned by the state with headquarters in Srinagar, Jammu, and Kashmir. In 2013 it celebrated its platinum jubilee.

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Jammu & Kashmir Grameen Bank branches

The bank’s main bank objective to improve the economy of rural, semi-urban and urban.  The operations area extended to 11 districts, besides some parts of Srinagar District and Ganderbal. Its network consists of 2 regional offices, 6 area offices, and 176 branches. The J&K Grameen Bank is the private sector bank in India assigned the responsibility of convening State Level Bankers Committee (SLBC). The bank discharges its leading responsibility in 12 districts, and the other 10 districts managed by the State Bank of India.

J & K Grameen Bank IFSC Code

J&K Grameen Bank has a network of branches operating in all the state districts: Bokaro, Chatra, Dhanbad, and so on. To each one allocated the IFSC Code, the last six characters representing branch code. J&K Grameen Bank IFSC Code is used for National Electronic Fund Transfer (NEFT) and for Real Time Gross Settlement (RTGS). For example, for the bank located in the state of Jharkhand, Bokaro district, Chas city, the IFSC code is BKID0JHARGB, and for the bank with the branch code Haider, located in Andhra Pradesh state, JN Road branch, Hyderabad City, the IFSC code is JAKA0HAIDER.

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Jammu & Kashmir Bank information

JKGB has a network of 924 computerized bank branches. More than 1246 ATMs, and 25 cash deposit machines (CDM) that are operating across the country.

The bank offers different financial and banking services such as housing loan, consumer loan, Saral or Saholiat finance, laptop or PC finance, festival advance scheme, educational loan scheme, Budshah primary education finance.In order to attract the persons and to enlarge the customer base.

It offers general small and saving account, student saving account or basic saving account. For example, a deposit with a maturity period of 7 days to 30 days has an annual interest rate of 5.00% per annum and for a maturity period of 218 days to 270 days, the annual interest is 6.80% per annum.

For this bank, a convenient way to do banking with both retail clients and corporate is internet banking, as they access accounts from any location and anytime. By mobile phone services through J&K Bank mPAY app, this one offers the possibility to have complete access to the bank transactions such as checking online the balance enquires, money transfer, deposits or you can also pay your credit card bills or utilities.

Website:  https://www.jkgb.in/

Contact Us

Near Fruit Complex,
narwhal Jammu (J&K).
0191- 2490021

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