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Features of the PNB Corporate Credit Card

  • Global Acceptance and Accessibility: The PNB Corporate Credit Card is powered by globally recognized networks such as Visa or RuPay, ensuring acceptance at over 29 million merchant establishments and 1 million ATMs worldwide. This global reach allows businesses to use the card for international transactions, including supplier payments, travel expenses, and online purchases. Whether a company is procuring raw materials from overseas vendors or funding employee travel for international conferences, the card’s universal acceptance ensures seamless transactions. Additionally, the card supports contactless payments through technologies like Visa PayWave or RuPay Contactless, enabling quick transactions (up to ₹5,000 in India) by simply tapping the card at POS terminals, enhancing convenience for small, frequent business expenses.
  • Customizable Credit Limits: The card offers four complimentary railway lounge visits per year, with a maximum of one visit per quarter, at participating lounges across major railway stations in India, such as New Delhi, Mumbai, Chennai, and Kolkata. This feature elevates the travel experience by providing access to air-conditioned lounges equipped with amenities like comfortable seating, refreshments, Wi-Fi, and charging points. For instance, a traveler waiting for a delayed train at New Delhi Railway Station can relax in the IRCTC Executive Lounge, enjoying a complimentary snack and a quiet environment. Access is exclusive to primary cardholders and requires presenting the PNB IRCTC SBI Card Classic and a valid train ticket.
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    • Robust Rewards Program: The PNB Corporate Credit Card offers a rewards program designed to maximize value for business spending. Cardholders earn reward points on every transaction, typically 1 point per ₹100 spent, which can be redeemed for a variety of options, including travel vouchers, merchandise, or cashback. For businesses with high transaction volumes, such as those in retail or manufacturing, this feature translates into significant savings over time. Special categories like fuel, dining, or utility payments may offer accelerated reward points, further enhancing the card’s value proposition. The rewards program is structured to align with business needs, allowing companies to offset expenses or reward employees with redeemed benefits.
    • Interest-Free Credit Period: Businesses benefit from an interest-free credit period of 20 to 50 days, depending on the billing cycle and payment due date. This feature is particularly valuable for managing cash flow, as it allows businesses to defer payments without incurring interest, provided the outstanding balance is cleared within the stipulated period. For example, a business purchasing office supplies or paying for corporate travel can utilize this period to align payments with revenue cycles, optimizing financial planning.
    • Add-On Cards for Employees: The PNB Corporate Credit Card supports the issuance of add-on cards for employees, with a minimum age requirement of 18 years for add-on cardholders. These cards share the primary card’s credit limit but can have individual spending caps set by the business. This feature is ideal for companies that need to delegate expense responsibilities to employees for travel, client meetings, or operational purchases. The primary cardholder retains control over transactions, receiving consolidated statements for easy tracking and reconciliation.
    • Advanced Security Features: Security is a critical consideration for corporate transactions, and the PNB Corporate Credit Card incorporates robust measures to protect businesses. The card is equipped with EMV chip technology, reducing the risk of fraud during in-person transactions. For online purchases, it supports 3D Secure protocols, requiring an OTP (One-Time Password) for authentication. In case of card loss or theft, businesses can report it immediately to PNB’s 24/7 customer helpline (1800-180-2345 or 0120-4616200) to hotlist the card, ensuring zero liability for unauthorized transactions reported promptly. Additionally, the card offers fraud monitoring services to detect and alert businesses about suspicious activities.
    • Balance Transfer Facility: The card provides a balance transfer facility, allowing businesses to transfer outstanding balances from other credit cards to the PNB Corporate Credit Card at a lower interest rate. The processing fee for this facility is typically 1% of the transferred amount or ₹199, whichever is higher, with a minimum transfer amount of ₹2,000 and a maximum of 90% of the credit limit. This feature helps businesses consolidate debt and reduce interest costs, making it easier to manage multiple credit lines.
    • EMI Conversion for Large Purchases: For significant business expenses, such as purchasing equipment or funding corporate events, the PNB Corporate Credit Card offers an EMI (Equated Monthly Installment) conversion facility. Transactions above ₹2,500 can be converted into EMIs, repayable over 3 to 24 months, subject to the bank’s approval. This feature provides businesses with the flexibility to spread out large payments, aligning them with cash flow cycles and reducing financial strain.
    • Comprehensive Insurance Coverage: The PNB Corporate Credit Card may include insurance benefits, such as travel insurance for employees using the card for business travel. This can cover accidental death, medical emergencies, or trip cancellations, providing peace of mind for businesses with frequent travelers. Some variants, like the PNB RuPay Platinum, offer comprehensive insurance coverage, which may extend to other business-related risks, depending on the card type.
    • Online Banking and Mobile App Integration: The card is integrated with PNB’s digital banking platforms, including the PNB One mobile app and net banking portal. Businesses can monitor transactions, check balances, and make payments in real-time. The app also supports digital applications for credit cards against fixed deposits (FDs), streamlining the process for businesses with existing PNB accounts. Transaction alerts via SMS and email ensure businesses stay informed about card activity, enhancing transparency and control.
    • Cash Withdrawal Facility: The card allows cash withdrawals up to 20% of the credit limit, with a single transaction cap at 50% of the available cash limit. While this feature incurs a cash advance fee and interest, it provides businesses with emergency liquidity for urgent operational needs, such as paying suppliers or covering unexpected expenses.
    • Contactless Payment Technology: The PNB Corporate Credit Card supports contactless payments, allowing businesses to make quick, secure transactions for amounts up to ₹5,000 without entering a PIN. This is particularly useful for small, frequent expenses like office supplies or employee meals, saving time and improving efficiency.
    • Custom Reporting and Expense Management: For businesses, expense tracking is critical. The PNB Corporate Credit Card provides detailed monthly statements, categorizing expenses by type (e.g., travel, dining, utilities). Businesses can request customized reports for tax purposes or internal audits, simplifying financial management. Integration with accounting software may also be supported, allowing seamless expense reconciliation.
    • 24/7 Customer Support: PNB offers round-the-clock customer support through its helpline and email . Businesses can resolve queries, report issues, or request assistance at any time, ensuring uninterrupted access to financial services.
    • Eco-Friendly Options: Some PNB Corporate Credit Card variants may offer eco-friendly features, such as digital statements to reduce paper usage, aligning with corporate sustainability goals. Businesses committed to green practices can leverage these options to minimize their environmental footprint.
    • Multi-Currency Support: For businesses operating internationally, the card supports multi-currency transactions with competitive forex markup fees. This feature minimizes losses due to currency conversion, making it cost-effective for global operations.
    • No Joining Fee for Select Variants: Certain PNB Corporate Credit Card variants may have no joining fee, reducing the initial cost for businesses. Annual fees, where applicable, are often waived if the card is used regularly (e.g., at least once every three months for some variants).
    • Integration with Business Banking Services: The card integrates seamlessly with PNB’s business banking services, such as overdraft facilities, loans, and fixed deposits. This holistic approach allows businesses to manage all financial needs through a single platform, enhancing convenience.
    • Flexible Billing Cycles: Businesses can choose billing cycles that align with their cash flow, ensuring payments are due at optimal times. This flexibility helps companies avoid cash crunches and maintain financial discipline.
    • Exclusive Merchant Offers: The PNB Corporate Credit Card provides access to exclusive offers at select merchant outlets, such as discounts on business services, travel bookings, or office equipment. These partnerships enhance the card’s value for corporate users. This comprehensive set of features ensures that the PNB Corporate Credit Card is a versatile tool for businesses, addressing both operational and strategic financial needs.
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Benefits of the PNB Corporate Credit Card

  • Enhanced Cash Flow Management: The interest-free credit period of 20 to 50 days allows businesses to defer payments without incurring interest, provided the balance is cleared within the stipulated time. This benefit is crucial for managing working capital, as businesses can align payments with revenue cycles. For example, a manufacturing firm can purchase raw materials at the start of the month and settle the bill after receiving payments from clients, improving liquidity.
  • Cost Savings through Rewards: The rewards program enables businesses to earn points on every transaction, which can be redeemed for vouchers, merchandise, or cashback. For high-spending businesses, such as those in logistics or retail, these rewards translate into significant savings. Accelerated rewards on categories like fuel or utilities further enhance cost efficiency, reducing operational expenses over time.
    • Streamlined Expense Tracking:The card’s detailed monthly statements and customizable reporting options simplify expense tracking.
    • Employee Empowerment: Add-on cards allow businesses to provide employees with access to funds for work-related expenses, such as travel, client entertainment, or office supplies.
    • Reduced Financial Risk: The card’s security features, including EMV chip technology, 3D Secure authentication, and fraud monitoring, minimize the risk of unauthorized transactions.
    • Debt Consolidation: The balance transfer facility allows businesses to consolidate high-interest credit card debt from other issuers onto the PNB Corporate Credit Card at a lower interest rate.
    • EMI Facility: Convert Rs. 2,500+ spends into EMIs (3–24 months) to ease cash flow.
    • Global Convenience: Accepted internationally with competitive forex markups.
    • Cash Advances: Access emergency cash up to 20% of the credit limit, useful during urgent needs.
    • Time-Saving Contactless Payments: Fast checkouts for small-value transactions increase operational efficiency.
    • Exclusive Offers: Partner discounts on travel, office supplies, and dining reduce business overheads.
    • Improved Credit Profile: Regular use and repayments help improve business credit ratings.
    • Digital Integration: Real-time tracking via PNB One app and internet banking.
    • Support for Growth: High credit limits and deferred payment options fund expansion or technology upgrades.
    • Insurance Coverage: Comprehensive insurance coverage, including travel and accident insurance, protects businesses from unexpected costs.
    • Sustainability Aligned: Digital statements and eco-friendly options align with corporate sustainability goals, reducing paper usage and supporting environmentally conscious businesses.
    • 24/7 Customer Service: The round-the-clock customer support ensures businesses can resolve issues promptly, whether related to transactions, card activation, or lost card reporting.
    • Fee Waivers:For certain variants, the annual fee may be waived if the card is used regularly. This benefit reduces the cost of maintaining the card, making it an economical choice for businesses.
    • Banking Integration: Businesses can leverage these services to manage cash flow, secure funding, or earn interest on FDs while using the card for expenses.
    • Competitive Rates: Compared to other corporate credit cards, the PNB Corporate Credit Card offers competitive interest rates.
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How to Apply for the PNB Corporate Credit Card

  • Online Application Process:
    • Visit the PNB Website or App: Go to the official PNB website or open the PNB One mobile app. Navigate to the ‘Credit Cards’ section and select the corporate credit card option.
    • Choose the Corporate Credit Card: Select the variant that best suits your business needs, such as PNB Global Gold or RuPay Platinum.
    • Fill Out the Application Form: Enter business details (company name, registration number, type of business), financial information (annual turnover, profit), and authorized signatory KYC details.
    • Verify with OTP: An OTP will be sent to the registered mobile number. Enter it to authenticate the application.
    • Upload Required Documents: Upload scanned, self-attested documents such as business registration certificate, address proof, and financial statements.
    • Submit the Application: After reviewing all details, submit the application. A confirmation with an application reference number will be provided.
    • Bank Verification and Approval: PNB will verify the submitted information. If approved, the card is dispatched to the registered address within 7–21 working days.
  • Offline Application Process:
    • Visit a PNB Branch: Go to the nearest PNB branch, preferably a corporate banking branch, and request a corporate credit card application form.
    • Fill Out the Form: Provide accurate business and signatory details. Ensure the form is signed by the authorized person.
    • Submit Documents: Attach self-attested physical copies of required documents, including KYC proofs and financials.
    • Verification and Processing: Branch staff will verify and forward the application to the credit card department. You may receive follow-up calls or emails for confirmation.
    • Card Approval and Delivery: Upon approval, the card will be sent to your registered business address within 7–21 days.
  • Application Against Fixed Deposit (FD):
    • Create or Link an FD: Open a new fixed deposit with PNB or use an existing one. The credit limit is usually 80–90% of the FD amount (minimum ₹25,000).
    • Apply via PNB One App: In the app, select ‘Credit Card Against FD’ and submit your application with FD and business details.
    • Submit Minimal Documents: Upload KYC proofs and FD receipts. Since the card is secured by the FD, limited financial documentation is needed.
    • Faster Approval: Approval for FD-backed cards is quicker, typically completed within 7–14 working days.
  • Tips for a Successful Application:
    • Check Eligibility: Ensure your business meets the PNB criteria for turnover, years in operation, and credit score.
    • Maintain a Good Credit Score: A score of 700+ (for business or signatory) improves approval chances.
    • Provide Accurate Information: Double-check all inputs to avoid errors or delays in processing.
    • Choose the Right Variant: Align the credit card type with your company’s expenses and usage patterns.
    • Follow Up Regularly: Track the application using the reference number or by contacting the branch or PNB customer care.
  • Post-Approval Steps:
    • Card Activation: Activate the card via the PNB One app or by sending an SMS, as per the instructions received.
    • Set Usage Controls: Configure net banking access, enable transaction alerts, and set limits for employee usage if applicable.
    • Add-On Cards: To issue cards to employees, submit their KYC and define spending caps for better expense control.
  • Common Challenges and Solutions:
    • Incomplete Documentation: Missing or unclear documents often delay approval. Cross-check the document checklist before submission.
    • Low Credit Score: If the credit score is low, opt for an FD-backed corporate credit card to ensure approval.
    • Processing Delays: If there is no update after 21 days, contact the branch or PNB customer service for assistance.

Eligibility Criteria for the PNB Corporate Credit Card

  • Business Type and Structure:
    • Available to Sole Proprietorships, Partnerships, Private Limited Companies, Public Limited Companies, and LLPs.
    • The business must be legally registered with appropriate authorities like GST or Shops and Establishment Act.
  • Minimum Income Requirements:
    • Classic Corporate Card: Minimum annual income of ₹2.5 lakh.
    • Gold Corporate Card: Minimum annual income of ₹3.5 lakh.
    • Platinum Corporate Card: Minimum annual income of ₹5 lakh.
    • Secured cards (against FD) may have relaxed income requirements.
  • Age of Authorized Signatory:
    • The primary applicant must be between 21 and 70 years old.
    • Add-on cardholders (employees) must be at least 18 years old.
  • Existing Banking Relationship:
    • Minimum 6-month relationship with PNB preferred (e.g., current account or fixed deposit).
    • Strong account history improves chances of approval.
  • Credit Score and History:
    • A credit score of 700–750+ (of business or authorized person) is preferred.
    • No history of loan defaults or missed payments is ideal.
    • Secured cards are an option for low or no credit history.
  • Nationality and Residency:
    • The business must be registered in India.
    • Authorized signatory must be an Indian resident or NRI operating within PNB’s service area.
  • Educational Qualification:
    • The authorized signatory must have completed at least 10th grade.
    • This ensures basic financial literacy and understanding.
  • Stable Source of Income:
    • Businesses must show consistent income via bank statements, GST returns, or financial statements.
    • Salaried signatories may be exempt from income proof if salary ≥ ₹20,834/month for 6 months.
  • Business Operational History:
    • At least 1–2 years of operational history preferred but not mandatory.
    • New businesses may qualify for secured cards with financial scrutiny.
  • Location Eligibility:
    • Business must be located within PNB’s serviceable cities.
    • Remote or restricted areas may not qualify.
  • KYC Compliance:
    • Valid KYC documents for identity, address, and income are mandatory.
    • Ensures compliance with RBI regulations and fraud prevention.
  • No Adverse Credit Events:
    • Applicants with bankruptcy, defaults, or legal disputes may face rejection.
    • Strong credit track record is crucial for unsecured card approval.
  • Specific Requirements for Secured Cards:
    • Minimum FD amount (typically ₹25,000) required with PNB.
    • No strict credit score or income rules due to collateral backing.
    • Minimum applicant age: 18 years.
  • Additional Considerations:
    • Corporate guarantees or board resolutions may be needed for large organizations.
    • Employee KYC required for add-on card issuance.
    • High-risk industries may undergo deeper scrutiny than stable sectors.
  • Tips to Meet Eligibility:
    • Improve credit profile by repaying debts and avoiding defaults.
    • Maintain a strong PNB account relationship with active usage.
    • Prepare updated financials that reflect accurate income and profitability.
    • Select a card variant that aligns with your business income range.
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Documents Required for the PNB Corporate Credit Card

  • Business Registration Documents:
    • Certificate of Incorporation: For private or public limited companies, issued by the Ministry of Corporate Affairs.
    • Partnership Deed: For partnership firms, detailing the agreement between partners.
    • GST Registration Certificate: Mandatory for businesses registered under GST, verifying tax compliance.
    • Shops and Establishment License: For businesses operating under state-specific regulations.
    • Memorandum and Articles of Association: For companies, outlining the business’s objectives and structure. These documents should be current and self-attested by the authorized signatory.
  • Identity Proof of Authorized Signatory:
    • Aadhaar Card: Widely accepted for KYC compliance.
    • PAN Card: Mandatory for tax purposes and identity verification.
    • Passport: Valid for both identity and address proof.
    • Voter’s ID: An alternative government-issued ID.
    • Driving License: Acceptable if it includes the current address.
    • All documents must be valid, self-attested, and not older than three months for address-related proofs.
  • Address Proof:
    • Aadhaar Card: If it reflects the current business address.
    • Utility Bills: Electricity, water, or telephone bills not older than three months.
    • Rental Agreement: For leased premises, signed by the landlord and business.
    • Passport or Driving License: If it includes the business address.
    • Property Ownership Documents: For owned premises, such as a sale deed. Self-attested copies are mandatory, and the address should match the business’s operational location.
  • Income Proof:
    • Income Tax Returns (ITR): Latest audited ITR for the past 2 years, acknowledged by the Income Tax Department.
    • Financial Statements: Balance sheet and profit-and-loss statement for the past 2 years, certified by a chartered accountant.
    • Bank Statements: Last 6 months’ statements of the business’s current account, reflecting regular transactions.
    • GST Returns: For GST-registered businesses, showing revenue and tax compliance.
    • For salaried signatories, recent salary slips (last 3 months) or Form 16 may be required if the business income is not applicable.
  • Proof of Banking Relationship:
    • Account Statement: Last 6 months’ statement showing satisfactory transactions.
    • FD Receipt: For secured cards, proving the fixed deposit amount and tenure. This demonstrates the business’s reliability and strengthens the application.
  • KYC Documents for Add-On Cardholders:
    • Identity Proof: Aadhaar, PAN, passport, or voter’s ID.
    • Address Proof: Utility bills, rental agreement, or Aadhaar.
    • Photograph: Recent passport-sized photographs of each add-on cardholder. These documents ensure compliance and allow PNB to verify the identity of all card users.
  • Additional Documents for Secured Cards:
    • FD Receipt: Issued by PNB, detailing the deposit amount and maturity.
    • FD Application Form: If opening a new FD for the card.
    • KYC Documents: Minimal identity and address proofs, as the FD reduces risk.
  • Photograph Requirements:
    • Passport-Sized Photographs: 2-3 recent photographs of the authorized signatory and add-on cardholders, as specified by PNB.
  • Board Resolution or Authorization Letter:
    • Board Resolution: Authorizing the application and designating the signatory (for companies or LLPs).
    • Letter of Authority: For partnerships or proprietorships, signed by all partners or the owner.
  • Other Potential Documents:
    • Trade License: For specific industries, such as retail or manufacturing.
    • Professional License: For self-employed professionals (e.g., doctors, lawyers).
    • Audited Financials: For larger businesses, certified by a chartered accountant.
    • Credit Report: If requested, a recent CIBIL or CRIF report for the business or signatory.
  • Document Preparation Tips:
    • Self-Attestation: All copies must be signed by the authorized signatory to verify authenticity.
    • Clarity and Legibility: Ensure scanned or physical copies are clear and readable.
    • Up-to-Date Documents: Address and income proofs should not be older than three months.
    • Digital Formats: For online applications, use PDF or JPEG formats as specified by PNB.
    • Organize Documents: Group documents by category (identity, address, income) for faster processing.
  • Submission Process:
    • Online: Upload documents via the PNB website or PNB One app during the application process.
    • Offline: Submit physical copies at a PNB branch, preferably with a cover letter listing all documents.
    • Verification: PNB may request additional documents or originals for verification during processing.
  • Common Document-Related Issues:
    • Incomplete Submissions: Ensure all required documents are included to avoid delays.
    • Mismatched Information: Verify that details across documents (e.g., address, name) are consistent.
    • Expired Documents: Use valid, current proofs to meet KYC norms.
    • Incorrect Formats: Follow PNB’s guidelines for digital uploads (e.g., file size, format).

Factors for Businesses Considering the PNB Corporate Credit Card

  • Financial Needs and Spending Patterns:
    • Businesses should assess their spending patterns to choose the right card variant. For example, a business with frequent international transactions benefits from the card’s global acceptance and multi-currency support, while a domestic-focused business may prioritize rewards on utilities or fuel.
    • High-spending businesses should opt for higher-tier cards (e.g., Platinum) with larger credit limits and enhanced rewards.
  • Credit Limit Suitability:
    • The credit limit (₹25,000 to ₹15,00,000) should match the business’s financial requirements.
    • Businesses with large operational expenses, such as manufacturing or logistics firms, need higher limits, while small businesses may suffice with lower limits.
    • Secured cards against FDs are ideal for startups or businesses with limited credit history.
  • Cost of Ownership:
    • Consider the card’s fees and charges:
      • Joining Fee: Often nil for select variants, reducing initial costs.
      • Annual Fee: Typically ₹500 or waived with regular usage.
      • Interest Rate: 1.5% to 2.95% per month, depending on the card type.
      • Cash Advance Fee: Applicable for withdrawals, impacting emergency liquidity costs.
      • Forex Markup Fee: For international transactions, affecting global businesses.
    • Businesses should compare these costs against benefits like rewards and interest-free periods to ensure cost-effectiveness.
  • Rewards and Benefits Alignment:
    • Evaluate whether the rewards program aligns with business expenses. For example, businesses spending heavily on travel or dining benefit from accelerated reward points in these categories.
    • The ability to redeem points for business-related expenses (e.g., travel vouchers, office supplies) enhances the card’s value.
  • Employee Management Needs:
    • For businesses with multiple employees, the add-on card feature is critical.
    • Assess the number of add-on cards needed and the ability to set individual spending limits. This ensures controlled spending while simplifying expense delegation.
  • Cash Flow Management:
    • The interest-free period and EMI conversion facility support cash flow management.
    • Businesses with seasonal revenue cycles benefit from deferred payments, while those with large investments appreciate EMI options.
    • Evaluate how these features align with your cash flow patterns.
  • Credit Score Impact:
    • Using the card responsibly can improve the business’s credit profile, enhancing eligibility for future financing.
    • However, missed payments or high credit utilization can harm the credit score. Businesses must ensure disciplined repayment practices.
  • Security and Risk Management:
    • The card’s security features (EMV chip, 3D Secure, fraud monitoring) and insurance benefits reduce financial risks.
    • Businesses in high-risk sectors or with frequent employee travel should prioritize these protections.
  • Digital Integration:
    • Integration with PNB’s digital platforms (PNB One app, net banking) is crucial for businesses relying on real-time financial management.
    • Ensure your team is comfortable with digital tools to maximize the card’s benefits.
  • Banking Relationship:
    • An existing PNB account with a 6-month satisfactory track record enhances approval chances and may unlock preferential terms.
    • Businesses without a PNB relationship should consider establishing one before applying.
  • Industry-Specific Requirements:
    • Certain industries (e.g., IT, retail, hospitality) may benefit more from the card’s features, such as rewards on specific categories or global acceptance.
    • High-risk industries may face stricter eligibility checks, so assess industry alignment.
  • Scalability:
    • The card should support business growth. Higher-tier variants (e.g., Platinum) offer larger credit limits and enhanced benefits, suitable for expanding businesses.
    • Consider whether the card can scale with your business’s evolving needs.
  • Tax and Compliance Benefits:
    • The card’s detailed statements and expense tracking simplify tax compliance and audits.
    • Businesses with complex accounting needs should prioritize this feature to reduce administrative burden.
  • Customer Support Accessibility:
    • Access to 24/7 customer support is essential for resolving issues quickly, especially for businesses operating across time zones.
    • Evaluate PNB’s support responsiveness based on reviews or past experiences.
  • Sustainability Goals:
    • Businesses prioritizing sustainability can leverage digital statements and eco-friendly features to align with corporate social responsibility objectives.
  • Competitive Alternatives:
    • Compare the PNB Corporate Credit Card with offerings from other banks (e.g., SBI, HDFC, ICICI) to ensure it offers the best value.
    • Consider factors like rewards, fees, and credit limits when evaluating alternatives.
  • Regulatory Compliance:
    • Ensure the business complies with KYC and RBI regulations, as non-compliance can lead to application rejection.
    • Verify that all documents meet PNB’s standards.
  • Long-Term Financial Strategy:
    • The card should align with the business’s long-term financial goals, such as debt management, investment funding, or credit building.

Frequently Asked Questions (FAQs) – PNB Corporate Credit Card

1. What is the PNB Corporate Credit Card?
The PNB Corporate Credit Card is a business credit card offered by Punjab National Bank for companies and institutions to manage official expenses efficiently.
2. Who can apply for the PNB Corporate Credit Card?
Registered companies, government departments, PSUs, and large institutions with a current account in PNB and a satisfactory financial track record can apply.
3. What are the main uses of the PNB Corporate Credit Card?
It can be used for official travel, hotel bookings, fuel, online payments, and other business-related transactions.
4. How is the credit limit decided for the card?
The credit limit is based on the company’s financials, credit history, and internal assessment by PNB.
5. Can multiple employees use the card?
Yes, PNB issues individual cards to selected employees under the main corporate account, each with a set limit.
6. Is there an annual fee for the PNB Corporate Credit Card?
Yes, there may be an annual fee, but it depends on the corporate arrangement and may be waived in some cases.
7. What is the billing and repayment process?
The bank provides a consolidated statement for all employee cards. The company must repay the total outstanding by the due date.
8. Does the card offer rewards or benefits?
Some cards may include reward points, travel insurance, or fuel surcharge waivers. The benefits depend on the specific variant issued.
9. How is card misuse or fraud managed?
Each card is secured with a PIN and can be blocked immediately in case of loss. The company may also get liability coverage.
10. How can I apply for the PNB Corporate Credit Card?
You can apply by visiting your nearest PNB branch or contacting your relationship manager. Application requires KYC and financial documents.

List of PNB Corporate Credit Card Tamil Nadu Bank Branches

  • Salem - Tamil Nadu
  • Tirunelveli Junction - Tirunelveli
  • Palayamkottai - Tirunelveli
  • Vannarpettai - Tirunelveli
  • Tirunelveli - Tamil Nadu
  • Brough Road - Erode
  • Perundurai - Erode
  • Gobichettipalayam - Erode
  • Erode - Tamil Nadu
  • Sriperumbudur - Kancheepuram
  • Katpadi - Vellore
  • Gandhi Nagar - Vellore
  • Ambur - Vellore
  • Vellore - Tamil Nadu
  • Kancheepuram - Tamil Nadu
  • Kumbakonam - Thanjavur
  • Pattukkottai - Thanjavur
  • Thanjavur - Tamil Nadu
  • Kanchipuram - Kancheepuram
  • Chromepet - Kancheepuram