Preliminary estimates have revealed that the gunmen managed to take away nearly Rs 10 lakh.
Police said unknown number of terrorists barged into the Jammu and Kashmir Bank branch at Rantipora in Pulwama district.
Two Al-Badr terrorists, responsible for the recent attacks on migrant labourers in Kashmir, were killed in an overnight encounter with security forces in Pulwama district, the police said on Thursday.
As the security forces were engaged in the counter-militancy operation, over 100 protesters pelted stones on them, an army official said.
A government middle school in Shopian's Padarpora was set ablaze by unidentified people and on Sunday. The government high school in Pulwama was razed to the ground in a similar manner.