The Kashmir Chamber of Commerce and Industry (KCC&I) has formally written to Jammu and Kashmir Bank, urging an extension of the deadline for the J&K Bank Rehabilitation Package 2025, a relief initiative announced for borrowers affected by the disturbances in Jammu and Kashmir following the Pahalgam incident.
In its communication addressed to Mr Amitava Chatterjee, Managing Director and CEO of J&K Bank, KCC&I President Javid Ahmad Tenga stated that the rehabilitation package had been a significant and timely measure aimed at helping affected individuals and enterprises revive their financial activities and meet repayment obligations.
The Chamber noted that the initiative had received an encouraging response from borrowers across various sectors, with many submitting their consent before the last date of November 5, 2025, for availing the J&K Bank’s Rehabilitation Package.
However, KCC&I pointed out that several applicants were unable to complete the required formalities due to technical difficulties and procedural lapses at some branch levels, despite having expressed their willingness to avail the benefits in time.
The Chamber said these borrowers remain eager to fulfil all necessary formalities once given the opportunity.
The KCC&I, in its communication, requested that the bank extend the validity period of the scheme by a reasonable duration to include all consented and eligible borrowers who were inadvertently left out.
It emphasised that the inability of some applicants to complete procedures within the deadline was not due to their own fault and that an extension would ensure fairness and inclusivity in the implementation of the scheme.
The Chamber maintained that granting such an extension would be consistent with J&K Bank’s commitment to customer welfare and equitable relief for those affected by the recent disruptions. The J&K Bank Rehabilitation Package 2025 was introduced to support borrowers from sectors including tourism, handicrafts, and services, who suffered financial setbacks following the Pahalgam incident.
