Police told UNI that a bus was on its way from village Agri in Reasi district towards Shiv Khori shrine when it plunged into a gorge.
Police said the driver lost control on the vehicle near Teryath in Reasi district.
"Two people died on the spot and 20 others suffered injuries," police said, adding that injured have been evacuated and hospitalised at Primary Health Center, Treyath.
(With UNI inputs)