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PNB and PAL launched Co-Branded Credit Cards

Published on February 02, 2022
Current Context: The Punjab National Bank (PNB) partnered with Patanjali Ayurved Limited (PAL) to launch co-branded credit cards.
PNB and PAL launched Co-Branded Credit Cards
  • The co-branded credit card is launched in partnership with NPCI and is offered on NCPI's RuPay Platform.
  • It is available in two variants namely PNB RuPay Platinum and PNB RuPay Select.
  • Both the variants of the credit card offer a hassle-free credit service on the purchase of PAL’s products.
  • It also offers cash backs, loyalty points, and insurance cover.
  • For the period of three months from the launch of the credit card, the cardholders can avail of a cashback of 2% for transactions over and above Rs2500, subject to a ceiling of Rs 50 per transaction at Patanjali Stores.
  • A welcome bonus of 300 points will also be given on the cards upon their activation.
  • Various other facilities like complimentary domestic and international airport lounge access, add-on card facility, EMI, and auto-debit facilities are linked with the credit card.
  • Static Part: 
    • HQ of PNB: New Delhi
    • Tagline of PNB: The Name You Can Bank Upon

Question: 

Q.1 Which bank in partnership with Patanjali Ayurved Limited (PAL) launched co-branded credit cards?
a. Union Bank of India
b. Punjab National Bank
c. UCO Bank
d. Indian Bank
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