SRINAGAR, April 3 -- J&K Bank today announced a strategic collaboration with Paymart India Pvt Ltd to introduce an innovative Virtual ATM (VATM) facility, enhancing banking convenience for its customers across its areas of operations especially in J&K and Ladakh. The tie-up is aimed at introducing card-less cash withdrawal for the Bank's customers through their neighbourhood merchant.

The Memorandum of Understanding (MOU) was formalized in a signing ceremony that was chaired by the Bank's MD & CEO Baldev Prakash. CEO Amit Narang signed the MoU on behalf of Paymart India Pvt Ltd while General Manager Imtiyaz Ahmad Bhat put in his signatures during the event that was also attended by the Bank's General Managers Ashutosh Sareen and Narjay G...