Hear is Contactless credit card from PNB .Punjab National Bank (PNB) and Yoga Guru Baba Ramdev’s Patanjali Ayurveda Limited has partnered with National Payments Corporation of India (NPCI) to introduce contactless credit cards.
The card can be used at all Merchant Outlets and online websites that accept RuPay cards. The card is available in two variants, PNB Rupee Platinum and PNB Rupee Select.
Easy credit facility is available for purchasing Patanjali’s products including cashback, loyalty points, insurance cover. You can get 2% cashback on purchases above Rs. 2500 at Patanjali stores. However, there will be a limit of Rs 50 per transaction cashback.
Once the card is activated, you will receive 300 reward points as a welcome bonus. Access to lounges at domestic and foreign airports. Platinum and Select cards have insurance cover of Rs 2 lakh and Rs 10 lakh respectively.
Platinum cardholders will have a credit limit of Rs 25,000 to Rs 5 lakh and select card holders will have a credit limit of Rs 50,000 to Rs 10 lakh. Being contactless, customers will get tap and pay instead of swipe. Payment up to Rs.5000 / – can be made without using PIN number.
The joining fee for Platinum Card will be Rs.500 per annum, while the joining fee for Select Card will be Rs.500 and Rs.750 per annum. Annual charges will be waived if the card is used at least once every quarter.