JK Bank Announcement on Loans and EMIs
In light of recent discussions circulating on social media regarding the preponement of loan installment deductions, J&K Bank has issued a formal clarification aimed at alleviating customer concerns. The bank emphasized its commitment to transparency and financial well-being of its customers.
According to the official communication, J&K Bank has revised the EMI due date for one of its loan schemes. Previously scheduled for the end of each month, the new due date will now fall on the 3rd of every month, starting from May 2025. The decision, as stated by the bank, is designed to help customers maintain a healthy credit history and safeguard their CIBIL scores.
The bank acknowledged that this adjustment might affect the monthly budget planning of some customers. In response, it has already initiated communication with all affected individuals via SMS to ensure clarity and preparedness.
J&K Bank reaffirmed its dedication to supporting the financial stability and well-being of its valued customers, assuring that their interests remain a top priority.
For further information, customers can contact the bank through its official communication channels listed below:
- Email: info@jkbank.com
- Website: www.jkbank.com
- Phone: +91 (0)194 2481 930-35
- Fax: +91 (0)194 248 1928
The announcement was made from the bank’s corporate headquarters in Srinagar, Jammu & Kashmir.