04
Jan

The automated teller machine (ATM) network of Jammu and Kashmir Bank has crossed 1,000, the bank said on Friday.

J & K Banks

It has added 676 ATM machines to its network in the past five years.

“Continuing its focus on customer convenience, J&K Bank has achieved a target of 1,000 ATMs installed across the country,” a spokesman of the bank said.

Over 900 ATMs are put up in Jammu and Kashmir alone.

The bank was instrumental in setting up the first ATM in the state at the Residency Road here in December 1996. The ATM footprint of the bank is spread across the state, with Jammu accounting for 327, Kashmir 568 and Ladakh 23, he said, adding that this includes Drass, the second-coldest place in the world. “We are committed to providing world-class technology-driven services to customers at their doorstep,” Chairman and Chief Executive Officer Mushtaq Ahmad said.

“As we are commercial in nature, we lay more emphasis on convenience of customers rather than making hefty profits. Our ATM network is robust and we are penetrating deep into remote locations to extend the benefit of this machine,” he added.

Jammu and Kashmir Bank has currently over 2.3 million debit card holders.

Source: http://www.business-standard.com/