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J&K Bank swiftly settles Rs 2.55 Cr insurance claim for deceased customer's family Reaffirming its commitment to customer welfare and financial security, J&K Bank facilitated the settlement of life insurance claims amounting to Rs 2.55 Crore in favour of the legal heirs of a deceased High Net Worth Individual (HNI) customer of its Residency Road Branch, Srinagar. Covering multiple insurance policies, the settlement provided timely financial support to the bereaved family and highlighted the critical role of adequate life insurance in protecting the financial future of dependents. At a function held to mark the settlement, Bank’s Zonal Head Srinagar Sheikh Mohammad Muzaffar, along with PNB MetLife Associate Director & Relationship Head Irfan Ali Zargar, handed over a symbolic claim-settlement cheque to Branch Head Residency Road Tajamul Qadri in the presence of Project Head Sheikh Yasir Arafat, Regional Manager Sajid Ali Khan and Zonal Insurance Coordinator Tahseena. Speaking on the occasion, Zonal Head Srinagar Sheikh Mohammad Muzaffar said, “The settlement demonstrates the true value of insurance during times of adversity. While no financial compensation can make up for the loss of a loved one, adequate insurance protection can help a family retain financial stability and face the future with greater confidence.” “We encourage our customers to periodically assess their protection requirements and choose suitable insurance solutions available through the Bank to secure the long-term financial well-being of their families,” he added. Reaffirming the commitment of the insurance partner, Associate Director & Relationship Head (PMLI) Irfan Ali Zargar said every claim reflected the trust customers place in the institution. “Every claim tells a story of trust placed in us. Insurance is not just about financial protection; it is about keeping promises to our customers and their families. When life takes an unexpected turn, they count on us to stand beside them. We deeply value this faith, and nothing gives us greater fulfilment than honoring that trust, he said. Notably, the successful settlement reflects the strength of the partnership between the two institutions in expanding financial protection and delivering customer-centric insurance solutions. #JKBank #JKBank

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Open the door to a new chapter with a J&K Bank Housing Loan. From everyday moments to life’s biggest celebrations, every home is where memories begin. It’s time to take the first step towards your Khushiyon Ka Naya Address. Hurry! Offer valid till 15th August 2026. To know more about the scheme, click here: https://jkb.bank.in/housing-loansTo know more about our products/services, visit our official website Link: https://jkb.bank.in/#JKBank #YourBankSince1938 #HousingLoan #HomeLoan #Loan #KhushiyonKaNayaAddress #JKBank #YourBankSince1938 #HousingLoan #HomeLoan #Loan #KhushiyonKaNayaAddress

When every choice adds value, your banking should too. The J&K Bank Premium Current Account brings together exclusive privileges, enhanced convenience and premium banking benefits designed for businesses that expect more. To open your Account now, click here: https://digital.jkb.bank.in/JKBAOPortal/To know more about our Premium Current Account, click below: https://jkb.bank.in/premium-current-account#JKBank #YourBankSince1938 #CurrentAccount #Premium #Banking #JKBank #YourBankSince1938 #CurrentAccount #Premium #Banking

On this International Youth Day, we celebrate the young minds whose ideas, determination, and spirit of collaboration are shaping a stronger tomorrow. Together, they’re moving the nation forward. #JKBank #YourBankSince1938 #InternationalYouthDay #JKBank #YourBankSince1938 #InternationalYouthDay

Every milestone deserves a home that grows with your dreams. Whether you’re buying your first home or upgrading to a bigger one, J&K Bank Housing Loan offers the support you need with attractive interest rates and flexible repayment options. Offer valid till 15th August 2026. To know more about the scheme, click here: https://jkb.bank.in/housing-loansTo know more about our products/services, visit our official website Link: https://jkb.bank.in/#JKBank #YourBankSince1938 #KhushiyonKaNayaAddress #HousingLoan #Loan #Finance #HomeLoan #JKBank #YourBankSince1938 #KhushiyonKaNayaAddress #HousingLoan #Loan #Finance #HomeLoan

Secure your future with J&K Bank’s Social Security Schemes. Experience an array of benefits and support with Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY) through J&K Bank. To know more about our products/services, visit our official website Link : https://jkb.bank.in/#JKBank #YourBankSince1938 #Finance #SocialSecuritySchemes #PMJJBY #PMSBY #APY #JKBank #YourBankSince1938 #Finance #SocialSecuritySchemes #PMJJBY #PMSBY #APY

Take your business to new markets with the right financial support. J&K Bank in collaboration with ECGC is providing Collateral Free Export Credit (Up to Rs. 10 Crore) to Eligible Exporters to grow their Exports. With collateral-free export credit of up to ₹10 Cr, turn your global ambitions into real opportunities. To know more about our products/services, visit our official website Link: https://jkb.bank.in/#JKBank #YourBankSince1938 #Import #Export #Loan #Finance #ExportCredit #Business #Loans #Global #JKBank #YourBankSince1938 #Import #Export #Loan #Finance #ExportCredit #Business #Loans #Global

Highlights: 1. Editorial on National Handloom Day 2. Chief Secretary Chairs 19th Meeting of JK UTLBC 3. Segment in Online Banking Frauds. 4. J&K Bank signs MoU with SBI Life Insurance Company 5. Advisory related to linkage of Aadhar and Phone Numbers with bank accounts. 6. Lucky Draw & Weekly Quiz Contest (Send in your entries to jkbankdiary@jkbmail.com.** **Please dont forget to mention your name, residence, phone number and 16 digit bank account number in the mail)