The mishap took place at Chilli area in the district late this afternoon when the vehicle skidded off the road and rolled down into the gorge, they said.
The deceased have been identified as Sajjad Ahmad and Naiyar Ali Rather, police said, adding that the injured has been hospitalised.
Meanwhile, Bhaderwah MLA and senior Congress leader Mohmmmad Sharief expressed condolence to the bereaved families and demanded ex-gratia for them, besides praying for the early recovery of the injured.