Punjab National Bank (PNB) has signed an exclusive Memorandum of Understanding (MoU) with the Indian Army to launch two tailored credit cards designed specifically for serving Army personnel.
Key Card Variants & Target Audience
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PNB LUXURA Metal Credit Card: Designed specifically for Army Officers.
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PNB Parakram Credit Card: Tailored for Junior Commissioned Officers (JCOs) and other ranks. Features an eco-friendly biodegradable card design.
Core Benefits & Privileges
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3% CSD Cashback: Direct 3% cashback on purchases made at Canteen Stores Department (CSD) outlets.
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Travel & Airport Access: Complimentary access to both domestic and international airport lounges, combined with zero forex markup on foreign transactions.
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Lifestyle & Entertainment: “Buy One Get One” movie ticket offers and complimentary golf lessons.
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Reward Structure: Customized financial perks and lifestyle rewards structured around the needs of defense personnel.
Ceremony Details
The MoU was signed at the Indian Army Headquarters in Delhi by Maj Gen VK Purohit and Deepak Kumar (PNB GM, Credit Card Division). Senior leadership present included PNB MD & CEO Ashok Chandra, Chief General Manager Sudhir Dalal, alongside Lt Gen Viresh Pratap Singh Kaushik and Lt Gen Rajeev Puri.
