This is second incident of looting of a bank in Kashmir in a month.
Four masked gunmen barged into the Jammu and Kashmir Bank branch at Arihal in Pulwama district and took away cash at gunpoint, a police official said.
The gunmen fired five to six rounds before escaping from the spot, he said, adding, bank officials were counting the cash to determine the amount of money the gunmen have taken.
Preliminary estimates have revealed that the gunmen managed to take away nearly Rs 10 lakh from the bank, he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content