• The above rates are applicable for fresh deposits and renewal of maturing deposits.
• The Term Deposits of Senior Citizens of over 60 years of age shall earn 0.50 % additional rate across all maturities.

PRIME LENDING RATE (PLR) 15.00 % W.E.F. 01.11.2011   BASE RATE 10.50% W.E.F.01.11.2011   Loans and Advances

Interest rate structure for loans & advances for credit limits for Rs15.00 lacs and above. 1) Risk based interest rates linked to PLR and Base Rate for loans and advances other than those under Agriculture & Allied activities, MSE and CRE Sector

Rating Grade Interest rate linked to PLR system w.e.f. 01.11.2011 Interest rate linked to Base Rate system w.e.f.01.11.2011 PLR(15.00%) linked Interest rate Base Rate (10.50%) 1 2 1 PLR-1.00% BR+3.50% 2 PLR-0.50% BR+4.00% 3 PLR BR+4.50% 4 PLR+0.50% BR+5.00% 5 PLR+1.25% BR+5.75% 6 PLR+2.00% BR+6.50% 7 & below PLR+3.00% BR+7.50%

2) Risk based interest rates linked to PLR and Base Rate for loans and advances under Agriculture & Allied Activities Sector ;

Rating Grade Interest rate linked to PLR system w.e.f. 01.11.2011 Interest rate linked to Base Rate system w.e.f.01.11.2011 PLR(15.00%) linked Interest rate Base Rate (10.50%) 1 2 1 PLR-2.00% BR+2.50% 2 PLR-1.50% BR+3.00% 3 PLR-1.00% BR+3.50% 4 PLR-0.50% BR+4.00% 5 PLR+0.25% BR+4.75% 6 PLR+1.00% BR+5.50% 7 & below PLR+2.00% BR+6.50%

3) Risk based interest rates linked to PLR and Base Rate for loans and advances under MSE Sector:

Rating Grade Interest rate linked to PLR system w.e.f. 01.11.2011 Interest rate linked to Base Rate system w.e.f.01.11.2011 PLR(15.00%) linked Interest rate Base Rate (10.50%) 1 2 1 PLR-1.50% BR+3.00% 2 PLR-1.00% BR+3.50% 3 PLR-0.50% BR+4.00% 4 PLR BR+4.50% 5 PLR+0.75% BR+5.25% 6 PLR+1.50% BR+6.00% 7 & below PLR+2.50% BR+7.00%

4) Risk based interest rates linked to PLR and Base Rate for loans and advances under CRE Sector:

Rating Grade Interest rate linked to PLR system w.e.f. 01.11.2011 Interest rate linked to Base Rate system w.e.f.01.11.2011 PLR(15.00%) linked Interest rate Base Rate (10.50%) 1 2 1 PLR BR+4.50% 2 PLR+0.50% BR+5.00% 3 PLR+1.00% BR+5.50% 4 PLR+1.50% BR+6.00% 5 PLR+2.25% BR+6.75%

Interest rate STRUCTURE FOR loans and advances UNDER VARIOUS SECTORS WITH credit limits below Rs.15.00 LACS , loans and advances under Schematic Loan Schemes of the Bank and other loans and advances exempted from the norms of risk based pricing SHALL BE CHARGED AS PER THE DETAILS GIVEN BELOW: SECTOR/SCHEME Interest rate linked to PLR w.e.f. 01.11.2011 Interest rate linked to Base Rate w.e.f. 01.11.2011 Fixed Interest rate w.e.f 17.11.2011 PLR (15.00%) Base Rate (10.50%)   Agriculture & Allied Activities       Up to Rs.2.00 lacs PLR-2.50% BR+2.00%   Above Rs.2.00 lacs & up to Rs.5.00 lacs PLR-2.00% BR+2.50%   Above Rs.5.00 lacs & up to Rs.15.00 lacs PLR-1.50% BR+3.00%   Agriculture & Allied Activities including credit facilities under Kissan Credit Card/ GIRI/ Apple Scheme Up to Rs.2.00 lacs PLR-3.00% BR+1.50%   Above Rs.2.00 lacs & up to Rs.5.00 lacs PLR-2.50% BR+2.00%   Above Rs.5.00 lacs & up to Rs.20.00 lacs PLR-2.00% BR+2.50%   Above Rs.20.00 lacs PLR-1.00% BR+3.50%   Advances under Special Scheme ( Mortgage Loan ) for Fruit Commission Agents Up to Rs.2.00 lacs PLR-1.00% BR+3.50%   Above Rs.2.00 lacs & up to Rs.5.00 lacs PLR-0.50% BR+4.00%   Above Rs.5.00 lacs & up to Rs.20.00 lacs PLR BR+4.50%   Above Rs.20.00 lacs PLR+0.50% BR+5.00%   Advances under Special Scheme ( Mortgage Loan ) for Fruit Merchants of Azadpur Delhi For all slabs PLR-0.50% BR+4.00%   Agri Term Loans       Up to Rs.0.50 lacs     12.00% Above Rs.0.50 lacs     13.00% Loans under Zaffran Scheme       Up to Rs.2.00 lacs PLR-2.50% BR+2.00%   Above Rs.2.00 lacs & up to Rs.10.00 lacs PLR-1.50% BR+3.00%   Micro & Small Enterprises Up to Rs.2.00 lacs PLR-2.00% BR+2.50%   Above Rs.2.00 lacs & up to Rs.5.00 lacs PLR-1.50% BR+3.00%   Above Rs.5.00 lacs & up to Rs.15.00 lacs PLR-1.00% BR+3.50%   Loans under Craft Development Up to Rs.0.50 lacs     12.25% Above Rs.0.50 lacs and up to Rs.1.00 lacs     13.25% Working capital facilities under JK Bank Contractor Finance Scheme* Up to Rs.2.00 lacs PLR-2% BR+2.50%   Above Rs.2 lacs and upto Rs.5 lacs PLR-1% BR+3.50%   Above Rs.5.00 lacs to less than15.00 lacs PLR-0.50% BR+4.00%   Rs 15.00 lacs & above.   As per risk based pricing   Transport Operators (Fresh Vehicles) Up to Rs.2.00 lacs     13.50% Above Rs.2.00 lacs and up to Rs.10.00 lacs     14.25% Above Rs.10.00 lacs     15.00% Transport Operators (2ND Hand Vehicles) For a period up to 4 years     16.25% For a period exceeding 4 years     16.75% Retail Trade       Up to Rs.2.00 lacs PLR-0.50% BR+4.00%   Above Rs.2.00 lacs & up to Rs.5.00 lacs PLR BR+4.50%   Above Rs.5.00 lacs & up to Rs.15.00 lacs PLR+0.50% BR+5.00%   Loans and Advances under JK Bank Fair Price Shop Scheme For all limits up to Rs.10.00 lacs PLR BR+4.50%   Working capital facilities against mortgage backed securities for Trade & Services Sector Up to Rs.2.00 lacs PLR BR+4.50%   Above Rs.2.00 lacs & up to Rs.20.00 lacs PLR+1.00% BR+5.50%   Above Rs.20.00 lacs PLR+1.50% BR+6.00%   Working capital facilities against mortgage backed securities under special scheme for iron & Steel traders of Loha Mandi, Naraina For limits up to Rs.500.00 lacs PLR-0.50% Base rate +4.00%   Working capital facilities against mortgage backed securities under special scheme for plastic & grain traders of Sadar Bazaar , Delhi For limits up to Rs.500.00 lacs PLR-0.75% BR+3.75%   Education Loans with tenure up to 5 years ( at fixed interest rate) Up to Rs. 5.00 lacs     12.50% Above Rs.5.00 lacs & up to Rs.10.00 lacs     13.50% Above Rs.10.00 lacs and up to Rs.20.00 lacs     14.25% In case of Education Loans sanctioned for tenor exceeding 5 years, floating interest rate as per the following structure would apply: - Up to Rs. 5.00 lacs PLR-3.00% BR+1.5%   Above Rs.5.00 lacs & up to Rs.10.00 lacs PLR-2.00% BR+2.50%   Above Rs.10.00 lacs and up to Rs.20.00 lacs PLR-0.75% BR+3.75%   Note: - Concession of 0.50% on interest rate shall continue to be allowed in case of education loans availed by girl students as permitted vide circular No.CR-42-413 dated 06.03.2009. Passenger buses for Schools / Educational Institutions at fixed interest rate with repayment of the loan For a period up to 7 years     14.50% For a period exceeding 7 years     15.00% Car Loans (Fresh Cars) under fixed interest rate option with repayment of the loan For a period up to 3 years     13.25% For a period exceeding 3 years and up to 5 years     13.75% For a period exceeding 5 years     14.25% Car Loans (Fresh Cars) under floating interest rate option with repayment of the loan w.e.f. 14.01.2012 to 31.03.2012. For Loans of all tenures For Government Employees maintaining salary accounts with our bank   BR+1.75% 12.25% For others   BR+2.25% 12.75% Car Loans (2nd Hand Cars) under fixed interest rate option with repayment of the loan For a period up to 4 years     15.50% For a period exceeding 4 years     16.25% Two wheeler loans under fixed interest rate option with repayment of the loan For a period up to 3 years     13.25% For a period above 3 years     14.25% Two wheeler loans under floating interest rate option with repayment of the loan For a period exceeding 3 years PLR-1.25% BR+3.25%   Other Consumer Loans under fixed interest rate option inclusive of term premium For all limits     16.25% JK Bank Car Finance(Companies/Firms)       12.50% JK Bank Laptop/PC Finance       12.00% JK Bank Solar Lighting & Photo Voltaic Finance   5% per annum(fixed) Refinance from NABARD carries an interest rate of 2% p.a Aan Posh Teli yeli wan posh/Finance for purchase of Domestic LPG Connections       10.50% JK Bank passenger Bus/mini-bus finance(For Doda,Bhaderwah & Kishtwar) Upto Rs 2 lacs     10.50% Above Rs 2 lacs & upto Rs 10 lacs     11.00% Above Rs 10 lacs     12.00% JK Bank Finance for refurbishing of old passenger Buses/mini buses(For Doda,Bhaderwah & Kishtwar)       11.50% JK Bank Scooty Finance for Girls/Ladies       13.00% Centrally Sponsored scheme for Integrated development of Small Ruminants & Rabbits Upto Rs 2 lacs   B.R+1.25%   Above Rs 2 lacs & upto Rs 5 lacs   B.R+1.75%   Above Rs 5 lacs   B.R+2.25%   JK Bank Khatamband Finance Upto Rs 50,000     14.00% Above Rs 50000/- to Rs 100000/-     14.50% JK Bank Dastkaar Finance       10.50% with quarterly rests JK Bank Kissan Dost Finance       As applicable to the segment under Agriculture & Allied activities JK Bank Construction Equipment finance Upto Rs 15.00 lakhs   B.R+3.50%   Above Rs 15.00 Lakhs upto Rs 50.00 lakhs Risk based interest rate linked to Base rate for loans and advances under SME sector. However, in the event of non-availability of historical data required for assessment of risk rating, loans exceeding Rs 15.00 lakhs but upto Rs 50.00 lakhs shall be sanctioned at additional interest rate of 1% over & above the rate applicable on loans upto Rs 15.00 lakhs under SME sector. Above Rs 50.00 lakhs Applicable risk based pricing as prescribed for time to time for SME sector. Technology Upgradation Scheme for MSEs. Micro enterprises PLR-1.25% BR+3.25   Small enterprises PLR-0.75% BR+3.75     In case of enterprises where the total exposure(T.L & WC) is above Rs 20 Lakhs, the above shall be applicable for the Ist 2 years only after which the pricing shall be linked to Credit rating of the Unit(Risk based Pricing) to induce units to acquire better ratings and thereby to benefit from the most attractive interest rates. Note:-0.50% discount in the rate of interest shall be given to the women entrepreneurs. Loans under Saholiat / Saral Scheme granted to Salaried employees of Central/ State Government (including Rehbar-I-Taleem teachers), Public Sector Undertakings (State and Central), Autonomous Bodies and institutions maintaining salary accounts with the BU AND Central / State Government pensioners maintaining salary accounts with the Bank     15.50% Salaried employees of Central Government, Central Public Sector Undertakings, Autonomous Bodies and reputed Private Sector Undertakings not maintaining salary accounts with the Bank     16.50% Professionals / Self Employed Persons & Businessmen     17.50% J&K BANK SARAL FINANCE TO SMALL BUSINESSMEN in J&K State        13.50% Housing loans up to Rs. 20.00 lacs under fixed interest rate option with repayment of the loan For a period up to 5 years     12.50% For a period above 5 years and up to 10 years     13.25% Housing loans up to Rs. 20.00 lacs under floating interest rate option with repayment of the loan For a period up to 5 years PLR-3.25% BR+1.25%   For a period above 5 years and up to 10 years PLR-2.75% BR+1.75%   For a period above 10years and up to 15 years PLR-2.00% BR+2.50%   For a period above 15 years and up to 20 years PLR-1.25% BR+3.25%   Housing loans above Rs. 20.00 lacs under fixed interest rate option with repayment of the loan For a period up to 5 years     13.25% For a period above 5 years and up to 10 years     14.00% Housing loans above Rs. 20.00 lacs under floating interest rate option with repayment of the loan For a period up to 5 years PLR-2.50% BR+2.00%   For a period above 5 years and up to 10 years PLR-2.00% BR+2.50%   For a period above 10years and up to 15 years PLR-1.25% BR+3.25%   For a period above 15 years and up to 20 years PLR-0.50% BR+4.00%   Loans and advances to Commercial Real Estate Sector Up to Rs.15.00 lacs PLR+0.50% BR+5.00%   Mortgage loans against immovable property under fixed interest rate option with repayment of the loan Up to Rs.2.00 lacs   B.R.+3.75% 14.75% Above Rs.2.00 lacs and up to Rs.20.00 lacs   B.R.+4.25% 15.25% Above Rs.20.00 lacs   B.R.+4.75% 15.75% Loans to land- lords for construction of premises for Bank’s use Up to Rs.20.00 lacs     15.25% Above Rs.20.00 lacs     15.75% Loans under J&K Bank Commercial Premises Finance Up to Rs.2.00 lacs     15.00% Above Rs.2.00 lacs and up to Rs.20.00 lacs     16.00% Above Rs.20.00 lacs     16.50% Loans under Roshni Scheme Up to Rs.20.00 lacs for residential purpose     15.25% Above Rs.20.00 lacs for residential purpose     16.25% Loans for commercial purpose for all limits     17.25% Loans under Commercial Floriculture Finance Scheme (Fixed rate of interest) For all limits     12.25% Loans against the security of Life Insurance policies, Postal securities (NSCs, KVPs) and other permitted Government securities PLR BR+4.50%   Shares/ convertible debentures and other equity linked permitted securities PLR+2.00% BR+6.50%   Loans under Government sponsored schemes. For all limits PLR-1.75% BR+2.75%   Bills discounted under LCs Bills with usance period up to 180 days     10.50% Bills with usance period above 180 days and up to 1 year     11.00% Clean overdrafts at floating interest rate       TOD PLR+4.00% BR+8.50%   Loans and advances ( Demand Loans and overdrafts) against the security of Bank’s own term deposits     Interest rate w.e.f. 01.11.2011 Loan / advance is granted against term deposits and the deposit stands in the name of the borrower singly or jointly or in the name of one of the partners of the partnership concern and the advance is granted to the said concern or in the name of the proprietor of the proprietary concern and the advance is granted to the said concern or in the name of a ward whose guardian is competent to borrow on behalf of the ward and where the advance is made to the guardian of the ward in such capacity.   1% over and above the deposit rate.       Loan / advance is granted against Bank’s own Deposits in the name of third party/ies   2% over and above the deposit rate. Ad-hoc working capital facilities (over and above the sanctioned limit)     Ad-hoc working capital facility allowed for a period up to 90 days,     2% over and above the rate applicable on regular working capital limit Ad-hoc working capital facility allowed for a period exceeding 90 days.   3% over and above the rate applicable on regular working capital limit. Loans under differential rate of interest (DRI) scheme DRI   4.00% Loans and advances to staff members     All types of loans and advances under staff housing loan scheme, Consumption loan scheme, Raahat scheme , car loan scheme, education loan scheme, loans against deposits and under other eligible schemes   As per the interest rate structure notified from time to time by P&HRD, CHQ