Jammu and Kashmir Bank New Delhi

Banks 51 views

About Jammu and Kashmir Bank

Jammu and Kashmir bank is one of the banks which was set up before Independence. It was formed in the year 1938 under the letters patent issued by Maharaja Hari Singh. The letters invited the noted personality and eminent people to invest in the venture and become the directors and shareholder of the company. The bank became operative in the year 1939. It was established to give the quality financial products and services to the people of the state. It was set up to serve the different sections of the society and address the financial requirements and needs of the people in the state of Jammu and Kashmir. It had to suffer a lot of financial loss at the time of partition. The two of the ten branches were on the other side. And the bank had to lose the cash and other assets that were in both the bank branches.  With the extension of the Central laws to the state of Jammu and Kashmir, the bank was considered as the government company according to the Indian companies Act 1956.

The bank has started with the sole purpose to provide the banking services to the people in the valley. With the times it has progressed and spread the branches in the country. The total number of the branches that are spread across the country are 864 and has around 1035 ATMs. The mission of the bank is to catalyze in the economic transformation and capitalize on the growth. It aims to provide the international standard of products and services to the people. It focuses on becoming the super specialist bank for the entire nation.

Address of Jammu and Kashmir Bank Branches in New Delhi

Branch Name AddressIFSC Code MICR Contact Details
Ansal Plaza Ansal Plaza B - 205, Ansal Plaza, Khelgaon, Hudco Place, New Delhi - 110049JAKA0ANSALL 110051016011-26262693
AzadpurAzadpur Subzi Mandi, Delhi - - 110033JAKA0AZDPUR 110051002011-27408877
Chawri Bazar Chawri Bazar 3462, Gali Bajrang Bali, Chawri Bazar, DelhiJAKA0CHAWRI 110051004011-23272400
Regional Collection Centre Regional Collection Centre, Emporium Building, Baba Kharag Singh Marg, Connaught Place, New Delhi - 110001JAKA0CIRCLE11005100101123364472/ 01123348794
Connaught Place Connaught Place G - 40, Connaught Place, New Delhi - - 110001JAKA0CIRCUS 110051007011-23352102
DwarkaDwarka, Sector 12, Plot No.2, Pocket 7, Ashish Plaza, Dwarka, New Delhi - - 110075JAKA0DWARKA 110051028011-45591054
Greater Kailash Greater Kailash C - 10, Greater Kailash I, New Delhi - - 110048JAKA0GKLASH 110051023011-29243035
Karol Bagh Karol Bagh 6/32 - 33, Wea, Karol Bagh, New Delhi - 110060JAKA0KAROLE 110051006011-41451531
Lajpat Nagar Lajpat Nagar - 17, Ring Road, Lajpat Nagar IV, New Delhi - 110024JAKA0LAJPAT110051012011-32932239
Mayur Vihar Mayur Vihar - 6, Acharya Niketan, Mayur Vihar, Phase I, First Floor, Delhi - 110092JAKA0MVIHAR 110051024011-22751631
NarainaNaraina C - 42, Community Centre, Naraina, New Delhi - 110028
Naraina C - 42, Community Centre, Naraina, New Delhi - 110028
JAKA0NARAIN110051009011-25792629
OkhlaOkhla Local Shopping Complex, First Floor, Phase Ii, Okhla, New Delhi - 110020JAKA0OKHLAA 110051017011-41616578
Rajindra Place Rajindra Place 26/34, Pal Mohan Mansion, Rajindra Place, New Delhi - 110008JAKA0PALACE 110051008011-25766214
PitampuraPitampura B - 161, Lok Vihar, Pitampura, Delhi - 110034JAKA0PRITAM110051026011-27352353
RohiniRohini C - 5/6, Sanjay Market, Sector 2, Rohini, New Delhi - 110085JAKA0ROHINI110051019011-27511169
Sadar Bazar Sadar Bazar 2121/2122, Bahadurgarh Road, Sadar Bazar, Delhi - - 110006JAKA0SADDAR 110051005011-23683603
Sarita Vihar Sarita Vihar 8, Local Shopping Complex, H.block Market, Sarita Vihar, New Delhi - 110041JAKA0SARITA110051018011-26971966
South Extension South Extension - 9, South Extension, Part II, New DelhiJAKA0SEXTEN 110051014011-26258850
Navin Shahdara Naveen Shahdara 1/1051, Babarpur Road, Rohtas Nagar, Shahdara, New Delhi - 110032JAKA0SHADRA 110051010011-22321305
Chandni Chowk Chandni Chowk Fatehpuri, Chandni Chowk, Delhi - - 110006JAKA0SILVER110051003011-23923936
Shalimar Bagh Shalimar Bagh, Unit No.101 - 102, Block B, Pocket U/v, Ist Floor, Dda Market, Shalimar Bagh, New Delhi - - 110088JAKA0SNBAGH 110051027011-27488364
Vasant Vihar Vasant Vihar 63 - D, Basant Lok Community Centre, Mexx Building, Vasant Vihar, New Delhi - 110057JAKA0VASANT 11005101501126154058/ 01126155231
Shalimar Bagh Shalimar Bagh, Unit No.101 - 102, Block B, Pocket U/v, Ist Floor, Dda Market, Shalimar Bagh, New Delhi- - 110088JAKA0SMBAGH 110051027011-27488364
Janakpuri B-1/512, Janakpuri, New Delhi Pin Code 110058JAKA0JANNAK 1100510339868621285
Zakir Nagar A-29 Batla House, Opp. Mcd School Zakir Nagar, New Delhi, Pin Code 110025JAKA0ZAAKIR1100510329871096315
Malviya Nagar C-107, Shivalik Road, Malviya Nagar, New Delhi, Pin 110017JAKA0MALVIA1100510349419485306; 8800997845
Prithvi Raj Road 5, Prithviraj Road, Delhi, Pin-110001JAKA0PRROAD 110051035011-24644744
E C Jamia Hamdard University Jamia Hamdard (hamdard University), Hamdard Nagar, New Delhi, PIN-110062JAKA0JAMIAHNON-MICR 9899933736

Products Offered by Jammu and Kashmir Bank in New Delhi

The Jammu and Kashmir bank has all the quality products and services that are required by the customer to fulfill the financial needs. The financial kit of the bank contains the products like the different types of loan products, Insurance, Mutual Fund, and Deposits. The loan products contain so many options like the home loan, loan against property, personal loan, car loan and education loan. Thus, it gives several options to the customer from which they can choose to fulfill their financial requirements.

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 lakh12.15% - 14.15%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

8.65% - 8.95%

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 New Delhi 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.

You May Also Read