Jammu and Kashmir Bank Jaipur

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About Jammu and Kashmir Bank

Jammu and Kashmir bank was set up in the year 1938 while the bank became functional a year later in 1939. It is one of the important banks for the people of the state as it gives the financial aid to the people in the valley. It was set up under the letter patent issued by Maharaja of the state, Hari Singh. He invited the noted people and dignitaries to invest and become the shareholder. The bank was semi- government type where the capital was invested by the government and people under the government control. The tough time in the history of the bank came during the partition where it suffered major loss as two of its branches was left in the other parts of the line of control. Along with the branches, all the cash and other assets were left there. But it ultimately came out of it and according to the extension of the central law the bank was included as the government company.

The aim of the bank was to provide the world- class products and services to the people of the state. It wants to capitalize on the growth and catalyze the economic transformation. It aims to be the most preferred and super specialist bank in the entire country.

Address of Jammu and Kashmir Bank Branches in Jaipur

Branch Name AddressIFSC Code MICR Contact Details
JaipurJaipur Panchbatti Chowk, M.I. Road, Jaipur - 302001JAKA0JAIPUR 3020510010141-2372522

Products Offered by Jammu and Kashmir Bank in Jaipur

Jammu and Kashmir bank provides the wide array of products and services that help the people of India to achieve their financial aspiration. It offers the products like the home loan, personal loan, car loan, loan against property, and education loan. It also has investment option in its financial kit. The other products include the insurance, deposit, and Mutual funds.

Basic details about Jammu and Kashmir products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Personal loanThe applicant should be at least 21 years of age at the time of application and the maximum age should be at least 60 years at the time of loan maturity.
The minimum net annual income of the applicant should be ₹ 3,00,000 per annum.
The minimum work experience should at least be 2 years. The applicant should have the minimum of 1year work experience with the current organization.
1 year relationship with the bank.
₹1.50 lakh11.90% - 12.40%1% of the loan amount + service tax (as applicable)36 months
Home loanThe applicant should be at least 18 years of age at the time of application and the maximum age should be at least 70 years at the time of loan maturity.



The applicant should be salaried individual working in the state or central government,PSU’s, reputed companies, self- employed, professional, businessman,and retired individual of state/central government or Public sector undertaking.


The applicant can be the person engaged in the agricultural and allied activities.


The minimum work experience should at least be 3 years of service for the salaried individual and for the self- employed minimum 3 years of service in the current business or profession.
For construction- Up to 36 times of the net salary.


For purchase of land- Maximum up to ₹ 50 lakh or 60% of the total cost of the land whichever is less.


For repairs & renovations - Up to ₹ 25 lacs
8.90% - 9.25%0.25% of the loan amount30 years
Education loanThe student should be the resident of India.
Should have secured the admission through entrance exam/ merit based selection.
The student should have the guarantor/ collateral.
For India:₹ 10 lakh
For abroad: ₹ 20 lakh
10.40% - 11.65%NilMoratorium: course period + 1 year 0r 6 months after getting the job.

Up to the period of 15 years after moratorium period.
Car loanThe applicant should be at least 21 years of age at the time of application and the maximum age should be at least 60 years at the time of loan maturity.


The minimum net annual income of the applicant should be ₹ 3,00,000 per annum for salaried


The minimum net annual income should be ₹ 4,00,000 for the professional and person active in agricultural and allied activities.


For others the minimum annual net income should be ₹ 5,00,000


The applicant should have at least 1 year of work experience at the current employment.
36 times of the net monthly salary or 3 times net annual income.


For contract private employee and retired pensioners- 24 times of the monthly salary or 2 times net annual income

9.40% - 9.90%

0.50% of the loan amount84 months
Loan Against PropertyEligible Segments - Individuals, professionals, reputed firms and companies, closely held public limited company.

Should be of age between 21- 70 years

Any individual earning the minimum net income of ₹ 1 lakh.
Up to 3 times the net annual income


Minimum amount of ₹1 lakh and maximum Up to ₹1 crore
11.90%- 12.40%NilUp to 84 months
Fixed depositBelow mentioned individual or group are eligible for a fixed deposit

The applicant should be the resident of India.
Hindu undivided family
Sole proprietorship firms
Partnership firm
limited companies
trust accounts.
4.00% - 7.25%Nil7 days to 10 years

Documents Required

The documents required for the Jammu and Kashmir Bank Jaipur are mentioned in the table below:

ProductsDocuments Required
Personal loanProof of ID – Passport/ Voter ID/ PAN Card.
Proof of age – Birth certificate/ passport
Proof of residence – Passport/ Utility bill/ Allotment letter.
Proof of income – Latest Salary slip/ ITR/ form- 16
Proof of Signature verification- Passport/ PAN Card.
Bank statement – Last 3 months bank statement/ last 6 months bank passbook.
Home loanDocuments of the applicant and guarantor-
Proof of ID – Passport/ Voter ID/ PAN Card.
Proof of age – Birth certificate/ passport
Proof of residence – Passport/ Utility bill/ Allotment letter.
Proof of income – Latest Salary slip/ ITR/ form- 16
Proof of Signature verification- Passport/ PAN Card.
Bank statement – Last 3 months bank statement/ last 6 months bank passbook.
Detailed information about the other loan if you are currently paying along with lenders information and security mortgage.
Property Documents-
Agreement sale copy.
Certificate of possession.
Land tax receipt.
Detailed cost of construction.
Letter of allotment
Original NOC.
Car loanProof of ID – Passport/ Voter ID/ PAN Card.
Proof of age – Birth certificate/ passport
Proof of residence – Passport/ Utility bill/ Allotment letter.
Proof of income – Latest Salary slip/ ITR/ form- 16
Bank statement – Last 3 months bank statement/ last 6 months bank passbook.
Education loanDuly filled application with recent photographs.
Proof of residence – Passport/ Utility bill/ Allotment letter.
Date of Birth proof
Certificate of Domicile
Fee particulars from school/ college
Scholarship proof
Study Certificate
Loan Against PropertyDuly filled Loan Application with passport size photographs - 2 copies each
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns
Last 3 years income tax returns and complete business profile.
Bank Statement- Last 6 months bank statement, Last 3 years Profit/ loss and Balance sheet ( for self- employed professionals)
Processing Fee cheque
Property related documents: All the title related documents along with approved sanctions/ building plans.
Fixed depositThe documents required by the individual, Hindu undivided family, and sole proprietorship at the time of applying for the fixed deposit are
A coloured photograph
Passport/ Driving License
Last six months bank account details

Documents required from the trust, association/ clubs for the fixed deposit are as follow
Photographs of the member operating the account.
A Copy of the Trust Deed/ Bye- laws of the association.
A Copy of registration certificate.
A Copy of the resolution of trustee authorizing the member to operate and open the accounts.

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