Constables Santosh Kumar and Azad Chand of Indian Reserve Police (IRP) were shot at by the militants from point blank range in Handwara town, 75 kms from here, police said.
The duo, who were on routine beat duty in the north Kashmir township, were rushed to a nearby sub-district hospital where the doctors declared them dead on arrival.
Security forces cordoned off the area immediately and launched a manhunt for the assailants.