Many nationalized and private banks have their branches at Katra. The State Bank of India, Bank of Punjab and J&K Bank also provide ATM facilities at Katra. Many more banks including ICICI Bank, UTI Bank are in the process of installing their ATMs here. Many private sector banks which do not have an office at Katra, do have offices at Jammu. These include UTI Bank, HDFC Bank and ICICI Bank.

The J&K Bank and the Oriental Bank of Commerce (OBC) have their branches in the Bhawan complex also.