The arrested persons were identified as Sachin (20) and Parvesh (19), both residents of Haryana's Khewra village, they said.
Sachin was arrested from Murthal, they added.
Police said CCTV footage of the incident showed five masked men and one wearing a helmet barging into the Khaira village branch of Corporation Bank.
Three of them brandished weapons and threatened people around. The accused even manhandled the security guard and snatched his pistol, they said.
In sometime, four of the accused entered another room while the remaining two guarded the entrance with weapons in hands, they added.
The vehicle, a weapon used in the crime and cash worth Rs 15,000 were recovered from the arrested persons, a senior police officer said.
All the accused persons have been identified, he said.
Police are also verifying if they have any previous criminal records and probing the source of their weapons, the officer said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)