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.