Following channels shall be eligible for the contest:

  • eBanking
  • Mobile Banking
  • Debit Cards
  • POS
  • FI Channel
  • Credit Card

The prizes have been so distributed that the scheme runs for six weeks, with a weekly zone wise prize for each channel. Scheme with all the proposed terms and conditions is detailed hereunder;
Name of the scheme     :               JK Bank DigiWin
Eligible group                :               Retail individual customers of J&K Bank
Amount allocated          :               Rs. 6,00,000/- per channel amounting to Rs,36,00,000/= for six channels
Weekly prizes               :               Zone wise, one smart phone worth Rs.6,000/= for each channel for 15 zones totaling to 90 phones every week.  The winners will be chosen for individual zones separately. This will ensure representation of customers from all zones of the Bank.

In addition to this there will be a bumper prize worth 24000/= which shall be in the form of cash back after deducting applicable TDS. The amount shall be credited to the winners account. This prize shall be given to 15 customers from 15 zones. The eligibility and other terms and conditions for each channel shall be as follows;


Channel

E L I G I B I L I T Y

Week1

Week2

Week3

Week4

Week5

Week6

eBanking

All retail customers who have activated/registered for the facility during the week shall be eligible for the lucky draw.

Same as Week1

Retail Customers having done at least one financial transaction shall be eligible for the draw.

Same as week3

Same as week3

Same as week3

mPay

All customers who have activated/registered for the facility during the week shall be eligible for the lucky draw.

Same as Week1

Customers having done at least one financial transaction through this channel shall be eligible for the draw.

Same as week3

Same as week3

Same as week3

Debit cards

All customers who have activated their debit cards during the week shall be eligible for the lucky draw.

Same as Week1

Customers having done at least one financial transaction through this channel shall be eligible for the draw.

Same as week3

Same as week3

Same as week3

FI

Customers who have AADHAAR seeded their accounts during the week shall be eligible for the lucky draw.

Customers who have enrolled  their accounts for BC transactions during the week shall be eligible for the lucky draw.

Customers having done at least one financial transaction through BC  channel shall be eligible for the draw.

Same as week3

Same as week3

Same as week3

Credit cards

All customers who have activated their Credit cards during the week shall be eligible for the lucky draw.

Same as Week1

Customers having done at least one financial transaction through this channel shall be eligible for the draw.

Same as week3

Same as week3

Same as week3

POS

All merchants who have installed JK Bank POS during the week.

Same as Week1

All merchants who have at least done 20 transactions on JKbank POS during the week

Same as week3

Same as week3

Same as week3

Based on the above eligibility criteria winners will be selected through a lucky draw. The draw shall be held for each zone and each channel separately. This means that every week fifteen (15) draws shall be conducted for each channel, thereby a total number of 90 draws to select 90 winners weekly. The names of the winners shall be published in local dailies besides on bank’s website and social media pages.

The winners of 15 bumper prizes proposed at the end of the scheme shall be selected based on the highest Self-service to Branch transaction ratio. For the purpose of self-service transactions, all digital financial transactions shall be considered. The sum total of transactions during the entire period of six weeks of the campaign done by individual customers shall be considered for selecting the winners. In case of tie for any position at any of the zones for any of the channels the winner shall be decided by a draw.

Terms & Conditions:

  • JK Bank shall, with the help of  India Post/Courier/Bank’s rider hereinafter referred to as the authorized vendor, attempt to have the prizes delivered at the registered mailing address of the winning Participant or shall get the prize delivered in a function organized by the Bank or through the customers base branch. In case of a NRI participant being a winner, JK Bank shall, with the help of the authorized vendor, attempt to have the Prize delivered at the India address as confirmed in writing by the winner NRI participant. If the Prize is undelivered, JK Bank shall, at its sole discretion, attempt to have the Prize delivered one more time. If the Prize is still undelivered, JK Bank shall hold the Prize till June 30, 2017, within which period, the Participant should contact JK Bank to avail the Prize along with payment of all applicable taxes, duties and levy. After the termination of this time period, JK Bank shall be under no obligation to entertain any requests or claims for the Prize item. In order for the Prize to be delivered to the eligible and winning Participant, the Participant understands and permits JK Bank shall share the Participant’s details like name, address, phone number etc. with the authorized vendor for delivery of the Prize item and shall also publish the winners name print and electronic media besides publishing it on Bank’s corporate website and social media sites.
  • The Participants who are the winners of any of the Prize  will have to pay tax if applicable at the rate prevailing as per applicable law at the time of delivery. The Bank shall intimate the prospective winner of the amount of any such tax payable by him/her along with the mode of payment.
  • Any tax or other liabilities or charges payable to the government or any other statutory authority/body or any participating establishment, which may arise or accrue to the winner Participant due to provision of the Prize, shall be to the sole account of the winner Participant. Tax deducted at source, if any, on the monetary value of the Prize shall be reimbursed by the winner Participant before the delivery of such Prize.
  • The Winners list for a Week will be published on the website www.jkbank.net in addition to local dailies of J&K. This will be the name of all eligible Winners, who have won Prizes.
  • No substitutions or exchange of Prize, other than what is detailed in the communication sent to the Participant shall be allowed. However, JK Bank reserves the right to substitute and/or change the Prize or any of them on account of non-availability of Prize, without any intimation or notice, written or otherwise to the Participant.
  • JK Bank shall not be held liable for any delay or loss that may be caused in delivery of the Prize.

Other Terms & Conditions:

  • The contest is valid for J&K bank customers using J&K bank’s Digital products which include, Debit cards, Credit cards, eBanking, Mobile Banking, FI Solution and POS.
  • The contest is valid between 02-04-2017 to 13-05-2017 ("Contest Period"), both days inclusive. The draw shall be held on every Monday.
  • Only financial transactions/Activations as the case may be on Digital channels and FI Channel will be considered for the Contest.
  • Only retail transaction to be considered for the campaign.
  • Only retail individual customers are eligible for the contest.
  • A Participant can win only once in the category of weekly winner during the campaign period. Any Participant Winning a weekly Prize continues to be eligible to participate in the Bumper lucky Draw.
  • A Participant can win only once in the category of weekly winner during the contest period. 
  • Only successful financial transactions/activations as the case may be shall be considered for evaluating the eligibility.
  • Customer/s who’s any account has been classified as delinquent before or during the campaign period will not be eligible for the benefits of the offer. Bank’s discretion in this regard shall be final.
  • This offer is non-transferrable to any other person and cannot be exchange with any other offer.
  •  JK Bank Staff and their family members are not eligible for this Contest. Bank shall select a replacement winner again through a lucky draw in case any person who otherwise is not eligible for the contest is selected inadvertently.
  • Participants consents that if required by the bank, they will give their testimonials about the Contest/Bank in writing, click a photo with the Prizes received by them. The stories, testimonials & photos of eligible participant will be used by the bank for marketing/promotional purposes and the Bank shall not, at any time, be liable to make any payments towards any kind of fees, incentive or royalty, for these stories / testimonials /photos.
  • Any participation in this Contest is voluntary. Any person availing of this Contest shall be deemed to have read, understood and accepted these Terms and Conditions.
  • The Bank reserves the absolute right to change / modify / withdraw / suspend / cancel this Contest at any time without giving any notice and without assigning any reason.
  • The decision of the Bank in all matters in connection with and incidental to this Contest is final and shall be binding on all persons. 
  • The Bank holds out no warranty and makes no representation with respect to the delivery and quality of the goods and services of the merchants. 
  • JK Bank does not guarantee and make any representation about the quality, usefulness, worthiness and/or character of the Prize, and shall not be responsible if the same, in any way, is found to be defective.
  • JK Bank shall not be liable in any manner whatsoever for any loss/ damage/ claim that may arise out of the use or otherwise of any goods/ services availed of by the Participant under the contest.
  • JK Bank makes no representation and disclaims all express, implied, warranties of any kind to the Customer/Participant and/or any third party including, without limitation, warranties as to accuracy, timeliness, completeness, merchantability, or fitness for any particular purpose.
  • In case of any queries or disputes with regards to the quality of the goods and services shall be resolved by the Participant directly with the Authorized Vendor without any reference to the Bank whatsoever.
  • These Terms and Conditions shall be governed by the laws of J&K. All disputes arising out of or in connection with or as a result of this Contest or otherwise relating hereto shall be subject to the exclusive jurisdiction of the courts or tribunals at Srinagar only, irrespective of whether any other courts or tribunals have concurrent or similar jurisdiction.
  • These Terms and Conditions and an arrangement herein shall be subject to applicable RBI guidelines issued from time to time and prevailing law and regulations.
  • In all matters relating to the Contest, the decision taken by JK Bank shall be final and binding on the Customers/ Participants.
  • For any queries related to the Contest the Customer/Participant should get in touch with JK bank call center at:  18001800234.
  • The Customer/Participant agrees to indemnify the J&K Bank and keep it indemnified against any loss or damage that Bank may suffer with respect to JK Bank Digiwin  scheme  including but not limited to any fraudulent and/or illegal transaction or any misrepresentation made by the Customer/Participant while participating in this Contest.
  •  This Contest is subject to applicable laws and regulations and would be modified / discontinued based on the prevailing law/amendments / or regulation at any point of time.
  • In the event, that the scheme cannot be continued without total compliance of the prevailing law at any point of time, this Contest shall be deemed to be terminated forthwith from the date when the  law restricting / prohibiting the Contest comes into force."
  • In the event any alternative Prize is offered, selection of the same shall be at the sole discretion of JK Bank.
  • The participation in the Program is entirely voluntary and it is understood, that the participation by the Participant shall be deemed to have been made on a voluntary basis.
  • JK Bank is not responsible for any errors and/or omissions in the terms and conditions contained herein. All information is provided on "as is" basis without warranty of any kind.
  • In the event of any conflict or inconsistency regarding any instructions and conditions on any advertising or promotional material relating to the Contest /Campaign / Offer, these Terms and Conditions shall prevail over all such other instructions and conditions failure by JK Bank to enforce any of its rights at any stage does not constitute a waiver of those rights.