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Patanjali Credit Card: Ramdev and PNB have come up with a credit card with this facility up to Rs 10 lakh.

by Chandan Sen
February 5, 2022
in Stock Market
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These credit cards offer easy credit services with many benefits like cashback, loyalty points, insurance cover etc. on daily Patanjali product purchases.

Patanjali Credit Cards: Punjab National Bank (PNB) and Patanjali Ayurveda Limited. (Patanjali Ayurveda Limited) has launched a co-branded contactless credit card 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 get up to 2 percent cashback

Both co-branded cards offer a number of attractive benefits and cost-based discounts for customers. They offer easy credit services with many benefits like cashback, loyalty points, insurance cover etc. on daily Patanjali product purchases. Cardholders can get up to 2% cashback on transactions above Rs 2,500, however, the limit per transaction at Patanjali stores is Rs 50.

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Welcome bonus of 300 reward points

PNB RuPay Platinum and PNB RuPay Select cardholders will receive a welcome bonus of 300 reward points when activating the card. In addition, customers will get complimentary domestic and international airport lounge access, PNB Jenny mobile application for card management, add-on card facility. Cash advances, EMIs and automatic debit benefits will be available with attractive reward points for spending.

With insurance cover

Platinum and Select Cards offer insurance cover of Rs 2 lakh and Rs 10 lakh for 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 Rs 10 lakh.

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Platinum cards have an annual charge of Rs 500, while select cards have a charge of Rs 750. However, if you use the card at least once every quarter of the year, the annual fee will be waived.

What did Acharya Balakrishna say?

Acharya Balakrishna, MD, Patanjali Ayurveda said, “The integration of this partnership will help promote digital payments, especially among users in the Tier 2 and Tier 3 markets. Among other benefits, the most important feature is interest free purchase of Patanjali products for 20-50 days. ”

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