Muneer Ahmad (44) and his wife Razeena Begum (38) died on the spot after being hit by the boulders rolling down the hill.
The mishap took place in Dara Gutli village of Uri sector, some 101 kms from here, officials said.
Their bodies were later retrieved by the rescue party comprising police and locals, they said.
Heavy rains have lashed parts of north Kashmir including Uri, forcing closure of the Srinagar-Muzaffarabad road connecting Srinagar with Pakistan-occupied Kashmir (PoK), the officials said.