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  • Anywhere Banking Power to Access to your accounts across our branch network.
    The facilities include Cash Deposit/Withdrawal and transfer.
    Outstation Cheque collection.
  • Internet Banking JKB e-Banking = easy Banking, stay connected 24x7
    Available for both Retail and Corporate users.
    SMS Banking
    Statement of Accounts.
    Funds Transfer.
  • ATM Services A network of more than 260 ATMs deployed across the country.
    Accepting Maestro / Cirrus / Mastercard / VISA / NFS atm / debit / credit cards.
    24x7 Support - ATM Helpdesk
  • Debit Cards - Global Access Card Pin Based -Maestro / Cirrus Debit Card
    Provides online access to savings or current account.
    Accepted at all Domestic as Well as International MasterCard,Maestro,CirrusEnabled ATM's and Point Of Sale locations.
  • Depository Services Dematerialization
    Stock Broking through INVESTMART an initiative of ILFS.
    Depository Participant of NSDL and CDSL.
    Market transaction
    and more...
  • Cash Management Service Real Time Gross Settlement (RTGS)
    National Electronic Fund Transfer (NEFT).
 


 
Cash Management Service

  Real Time Gross Settlement (RTGS)
  J&K bank offers Real Time Gross Settlement (RTGS) payments and collections as a speedy, convenient, cost-efficient and secure method to move large value funds across the country. This offering is based on Reserve Bank of India's (RBI) RTGS payment system.

  Features
  • RTGS is applicable for payouts in excess of 200,000

  • Smooth, safe and fastest mode of transferring money across the banks in India

  • RBI's RTGS guidelines require the beneficiary bank to credit the beneficiary's account or return the funds, within a maximum time of 2 hours

  • RTGS is an effective collections mechanism as funds from across the country can be collected & credited to your account on the same day

  • An efficient mechanism for outstation payments and collections. Payments can be made to or received from across the country on a same-day basis

  • Over 1,00,000+ bank branches participate in RTGS (as on Feb 2014)

  • Efficient working capital management by enabling negotiation of better terms with suppliers & by facilitating speedy collection of funds

  • Simplifies account reconciliation due to predictability of funds flow

  • Savings of time and cost involved in physical dispatch of cheques to beneficiaries, deposits of cheques by beneficiaries with their banks & clearing of these cheques

  • Reduced chances of frauds typically associated with paper-based payments

  • The RTGS cut-off timing for the customer and interbank transactions are as under :

  Days Customer Transaction Interbank Transaction
  Monday-Friday 9:00 to 16:15 hours 9:00 to 17:45 hours
  Saturday 9:00 to 13:45 hours 9:00 to 14:45 hours

 

 

 

  • The Charges for customer payments are as:

    2.00 Lac to 5.00 Lac.
        25+ TBC*+S.tax (not exceeding 30 + S.Tax)

    5.00 and above
        50+ TBC* + S.tax (not exceeding Rs 55 + S.Tax)

    *TBC are time based charges in addition to normal charges and are as:

    9:00 a.m – 12:00 p.m                Nil
    After 12:00 p.m – 3:30 p.m        Rs 1.00
    After 3:30 p.m – 5:30 p.m          Rs 5.00
    After 5:30 p.m                           Rs 10.00

 


  National Electronic Fund Transfer (NEFT)
  J&K Bank offers National Electronic Fund Transfer (NEFT) payments as a speedy, convenient, cost-efficient and secure mechanism to move funds across the country. This offering is based on RBI's NEFT system.

  Features
  • RBI's NEFT guidelines mandate the beneficiary bank to credit the beneficiary's account or return the funds, within the same day for transactions processed before a stipulated cut-off time
  • Smooth, safe and fastest mode of transferring money across the banks in India

  • There is no floor or cap on the amount of transfer in NEFT, means you can transfer from an amount as small as one rupee to any amount

  • NEFT is an effective collections mechanism as funds from across the country can be collected & credited to your account on the same day

  • Efficient mechanism for outstation payments and collections. Payments can be made to or received from across the country on a same-day basis

  • Over 1,00,000+ bank branches participate in NEFT (as on Feb 2014)

  • Efficient working capital management by enabling negotiation of better terms with suppliers and by facilitating speedy collection of funds

  • Simplifies account reconciliation due to predictability of fund flow

  • Savings of time and cost involved in physical dispatch of cheques to beneficiaries, deposits of cheques by beneficiaries with their banks & clearing of these cheques

  • Reduces chances of frauds typically associated with paper-based payments



  •   The NEFT cut-off timings are as under : 
 

Days

NEFT Transaction Hours

 

Monday-Friday

9:00 hours to 18:30 hours

 

Saturday

9:00 hours to 12:45 hours

  • NEFT transactions are settled in batches based on the following timings:

    • 12 settlements on weekdays - at 08:00, 09:00, 10:00, 11:00, 12:00, 13:00, 14:00, 15:00, 16:00, 17:00, 18:00 and 19:00 hrs.

    • 6 settlements on Saturdays - at 08:00, 09:00, 10:00, 11:00, 12:00 and 13:00 hrs.

  • The Charges for customer payments are as:

     

    Up to   10,000/-

    2.50 +S.tax

    Above 10,000/- to 1 lakh

     5 +S.tax

    Above  1 lakh up to 2 lakh

     15 +S.tax

    Above  2 lakh

     25 +S.tax


  RTGS/NEFT enabled Branches

  Details of J&K Bank CFC Details of J&K Bank CFC is as:

NEFT Back Office Operations,
Ground Floor, J&K Bank,
Corporate Head Quarters,
M A Road, Srinagar J&K 190001
EPBAX Numbers: (+91- 0194) 2481930-2481935 Ext 1045, 1046
Direct: +91-8803001937
Email: NEFTServices@jkbmail.com; neft@jkbmail.com


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