Patanjali Credit Cards : Punjab National Bank (PNB) and Patanjali Ayurved Ltd. (Patanjali Ayurved Limited) has launched co-branded contactless credit cards in partnership with National Payment Corporation of India (NPCI). These co-branded credit cards are offered on NCPI’s RuPay platform and are available in two variants – PNB RuPay Platinum and PNB RuPay Select.
You will get up to 2 percent cashback
With both the co-branded cards, several attractive benefits and spend based waivers have been made available to the customers. They offer easy credit service with many benefits like cashback on everyday Patanjali product purchases, loyalty points, insurance cover etc. Cardholders can avail up to 2 per cent cashback for transactions above Rs 2,500, however, with a limit of Rs 50 per transaction at Patanjali stores.
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Welcome Bonus of 300 Reward Points
PNB RuPay Platinum and PNB RuPay Select cardholders will get a welcome bonus of 300 reward points on activation of the card. In addition, customers will get complimentary domestic and international airport lounge access, PNB Genie mobile application for card management, add-on card facility. Cash advance, EMI and auto debit facilities will also be available along with attractive reward points on spending.
Along with insurance cover
The Platinum and Select cards offer insurance cover of Rs 2 lakh and Rs 10 lakh on accidental death and total disability, respectively. Platinum cards offer a credit limit of Rs 25,000 to Rs 5 lakh and Select cards offer a credit limit of Rs 50,000 to 10 lakh.
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There is an annual charge of Rs 500 on the Platinum card, while the charge on the Select card is Rs 750. However, the annual fee will be waived if the card is used at least once in every quarter of the year.
What did Acharya Balakrishna say
Acharya Balkrishna, MD, Patanjali Ayurved said, “The synergy of this partnership will help in promoting digital payments among users, especially in Tier 2 and Tier 3 markets. Among other benefits, the most important feature is interest free purchase on Patanjali products for 20-50 days.”
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