PNB, Patanjali collaborate to launch co-branded credit card with RuPay

PNB, Patanjali

Punjab National Bank (PNB), and Patanjali Ayurved Limited (PAL) have joined hands to launch co-branded credit cards in partnership with the National Payments Corporation of India (NPCI).

According to the communique, the co-branded credit cards are offered on RuPay Platform. Besides, the card is available in two variants namely PNB RuPay Platinum and PNB RuPay Select.

Both the co-branded cards will be offering convenient credit service in the purchase of day-to-day Patanjali products. Users will also be getting cash backs, loyalty points, insurance cover and more, an official statement read.

The communique added, “For three months from the card launch, the cardholders may enjoy suitable cashback @2% for transactions over and above ₹2500, subject to a ceiling of ₹50 per transaction at Patanjali Stores.”

PNB RuPay Platinum and PNB RuPay Select cardholders will get a welcome bonus of 300 reward points on activation.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.