Haridwar: The Punjab National Bank (PNB) and Patanjali Ayurved Limited have jointly launched co-branded contactless credit cards in partnership with the National Payments Corporation of India (NPCI).
Co-branded credit cards are offered on NPCI’s RuPay platform and are available in two variants: PNB RuPay Platinum and PNB RuPay Select
These cards come with a host of benefits and purchase-based exemptions for customers. They offer a hassle-free credit service to purchase Patanjali products on a daily basis, as well as cashback, loyalty points, insurance coverage, and more. Cardholders can enjoy cashback of up to 2% (no more than Rs 50) for transactions of Rs 2,500 or more at Patanjali stores.
PNB RuPay Platinum and PNB RuPay Select cardholders will receive a welcome bonus of 300 reward points upon activation. Additionally, customers will enjoy complimentary access to domestic and international airport lounges, PNB Genie mobile application for card management, additional card system, lucrative reward points on spending, as well as cash advances, EMI and automatic debit facilities.
Platinum and Select cards come with an attractive insurance cover of Rs 2 lakh and Rs 10 lakh respectively for accidental death and personal total disability. While the Platinum Card offers a credit limit of Rs 25,000 to Rs 5 lakh, the Select Card offers a credit limit of Rs 50,000 to Rs 10 lakh.
Notably, contactless credit cards have an embedded chip that allows you to transact by placing your card within inches of PoS terminals.