Jammu and Kashmir Bank has joined
the Immediate Payment Service (IMPS) network on 21/02/2013.
Jammu & Kashmir Bank or shortly
known as JK Bank, is a Bank with main focus on Kashmir.
JK Bank has a history of over 75
years. The Jammu & Kashmir Bank was founded on October 1, 1938 under
letters patent issued by the Maharaja of Jammu and Kashmir, Hari Singh.
J&K Bank functions as a universal bank
in Jammu & Kashmir and as a specialized bank in the rest of the country. It
is also the only private sector bank designated as RBI’s agent for banking
business, and carries out the banking business of the Central Government,
besides collecting central taxes for CBDT.
With JK Bank being part of the IMPS
network, its customers would be able to transfer money and also receive money,
in a fraction of a minute.
Welcome JK Bank to India’s newest ePayment
Product.
The
new identity for J&K Bank is a visual representation of the Bank’s
philosophy and business strategy. The three coloured squares represent the
regions of Jammu, Kashmir and Ladakh. The counter-form created by the
interaction of the squares is a falcon with outstretched wings – a symbol of
power and empowerment. The synergy between the three regions propels the bank
towards new horizons.Green signifies growth and renewal, blue conveys stability
and unity, and red represents energy and power. All these attributes are
integrated and assimilated in the white counter-form.
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