Wednesday, July 15, 2026
'J&K Bank signs Corporate Salary Package MoU with IA MultiVentures Pvt. Ltd'
BUSINESS / Wed, Jul 15, 2026 05:48 PM

J&K Bank signs Corporate Salary Package MoU with IA MultiVentures Pvt. Ltd

Srinagar, July 15: Reinforcing its commitment to strengthening institutional partnerships while expanding its Corporate Salary Package (CSP) portfolio, J&K Bank today entered into an agreement with IA MultiVentures Pvt. Ltd. at the Bank's Zonal Office Srinagar. In a function presided over by the Bank's Divisional Head (Kashmir) Arshad Qadri, the Memorandum of Understanding (MoU) was signed by Zonal Head (Srinagar) Sheikh Mohammad Muzaffar on behalf of J&K Bank and Managing Director, IA MultiVentures Pvt. Ltd., Irfan Ahmad on behalf of the company. The Bank's Cluster Head Zahoor Ahmad Qanoongo, AGM Javid Rashid, Branch Head Reyaz Ahmad Bhat and Director, IA MultiVentures Pvt. Ltd. Arshid Ahmad also attended the signing ceremony besides other senior officials from both the organisations. Speaking on the occasion, Divisional Head (Kashmir) Arshad Qadri said, "Our relationship with IA MultiVentures has been built on mutual trust and confidence over the years. This agreement further strengthens that partnership while reaffirming the Bank's commitment to delivering best-in-class banking solutions tailored to the evolving financial needs of institutional customers and their employees. We remain focused on deepening such collaborations that create enduring value for all stakeholders." Zonal Head (Srinagar) Sheikh Mohammad Muzaffar said that the MoU with IA MultiVentures reflects Bank's continued endeavour to strengthen our longstanding institutional relationship. "Through our comprehensive Corporate Salary Package, around 550 employees of the company will now have access to a wide range of customised banking products and services designed to meet their personal and professional financial aspirations", he said. In his remarks on the occasion, Managing Director IA MultiVentures Pvt. Ltd. expressed his appreciation for the partnership and conveyed confidence that the association with J&K Bank would provide enhanced banking convenience and financial benefits to their employees. Earlier, Cluster Head Zahoor Ahmad Qanoongo gave a detailed presentation on the various features and benefits available under the Bank's Corporate Salary Package, highlighting its special offerings, digital banking conveniences and concessional credit facilities tailored for salaried employees.

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