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Welcome to J&K Grameen Bank |
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J&K Grameen Bank (JKGB), was established on 30th June 2009 after amalgamation of two erstwhile RRBs viz. JRB and KRB in accordance with GOI Notification dated 30th June 2009 issued under sub- section (1) of section 23A of the RRB Act, 1976 (21 of 1976)as
a joint venture of Government of India,Government of
J&K and the Jammu and Kashmir Bank Ltd.(Sponsor
Bank) with its Head Office at Jammu.The Bank has
authorized capital of Rs.5 crore and issued
,subscribed and paid up capital of Rs.2 crore,
comprising of Two lac shares of Rs.100/- each.
The focus of the Bank is increasing its outreach by
opening more branches in unbanked areas to avail
them with the facilities of the Bank.
The area of operation of the bank is extended to 11 Districts, besides some parts of District Srinagar and Ganderbal of J&K State.The network of the bank consist of two Regional Offices, Six Area Offices and 203 branches with 5 Extension Counters and is engaged in providing credit with in
its area of operation in the districts of Baramulla,
Bandipora, Ganerbal, Jammu, Kathua,
Kargil, Leh, Poonch, Rajouri, Srinagar, Samba,
Kishtwar and Kupwara.
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