PNB Prakram Credit Card
A lifetime-free Visa or RuPay card for Indian Army personnel of JCO rank and below: 2 reward points per ₹100 at ₹0.25 a point (0.5%), 3% cashback on CSD canteen spends (up to ₹1,500 a cycle), milestone points and lounge visits. Every figure below is copied from Punjab National Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-21.
Only for Indian Army personnel of JCO rank and below (OR ranks).
Not on record from an official document: the list of spends that earn no reward. CardWise does not estimate these.
Fees and charges
| Joining fee | Nil Product page |
|---|---|
| Annual fee | Nil Product page |
| Annual fee waiver | Not needed |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Fee schedule |
| Reward redemption fee | ₹99 plus GST MITC |
Rewards
Reward points, ₹0.25 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| All spends except restricted merchant categories | 2 points per ₹100 Product page | no cap on record |
CSD canteen spends also earn 3% cashback (not priced here). Points are redeemed from 1,000 upwards on PNB Rewardz (catalogue, vouchers or cashback) and expire after 3 years; a ₹99 + GST fee applies to each redemption from 1 Nov 2026.
Benefits
- Lounges: 4 domestic lounge visits a year (1 a quarter) and 1 international visit a year Product page
- Fuel: 1% fuel surcharge waived on fills above ₹500 and below ₹4,000, up to ₹350 a billing cycle Product page
- Milestone: 2,500 reward points (₹625) on ₹2.5 lakh of spend in a year Product page
- Milestone: 5,000 reward points (₹1,250) on ₹5 lakh of spend in a year Product page
Also on this card
Quoted from Punjab National Bank; not counted in the net value.
- 3% cashback on CSD canteen spends, up to ₹1,500 a billing cycle (once the cycle's spend passes ₹3,000) Product page
- Visa platform offers (Shoppers Stop, Swiggy, Instamart and others) Product page
Eligibility
- Age 21 or above Product page
- Age 70 or below Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by Punjab National Bank in the documents read
- the list of restricted merchant categories that earn no points
- an income criterion (limits are set by rank)
- the GST rate (fees are plus GST)
Where Punjab National Bank’s documents differ, and what is used
- Fuel surcharge waiver: the card page gives fills above ₹500; the MITC row for all cards gives above ₹400. The card page is used.
- A third milestone (7,500 points worth ₹1,875 at ₹7.5 lakh) is on the page but its text is run together ("7.5 lacs7500"), so it is not modelled.
- Point value: the card page, the MITC and PNB's notice of 1 Sep 2024 give ₹0.25 a point; the older Rewards Program page still says ₹0.50 (50 paise). The ₹0.25 rate is used.
The quotes behind the figures
32 figures, each copied from an official Punjab National Bank document.
Show every quote and source
“Joining Fees : NIL”
“Annual Fee : NIL”
“Nil markup for PNB metal card "Luxura"(RuPay/VISA) & 3.50% markup for all other card, over and above the currency”
“2.5 lacs: 2500 reward points (cashable value Rs.625)”
“Reward Points : 2 reward points on Every Rs100/- other than restricted MCCs*”
“Individuals who satisfy the eligibility criteria as laid down can apply for PNB Credit Card.”
“Specially Designed for Indian Army Personnel”
“PNB Parakram (RuPay Platinum) - NIL”
“Rs 7.5 lacs7500 (cashable value Rs.1875)”
“Spend will exclude cash/wallet spend.”
“Cashback available only when spends in the billing cycle crosses Rs.3000.”
“CIC : 700 & above”
“Zero for Luxura (Visa & RuPay) & 3.50% of the transaction value for all cards over and above the currency conversion rate.”
“NIL For VISA/RuPay Credit Card Variants 99 per redemption request.”
“Presently the Value of 1reward point is 25 paise”
“Effective 1st September 2024, value of 1 (One) PNB Credit Card Reward Point will be Rs. 0.25.”
“1 (One) Reward Point is worth INR 0.50 (50 paise).”
“Reward points can be redeemed provided a minimum of 1000 points are redeemed by request in writing”
“The reward points on Credit Cards will be expired if not redeemed within 3 years from the date”
“GST, as notified by the Government of India, is applicable on all fees, interest and other charges”
“PNB RuPay Credit Cards can now be linked on UPI.”
“A charge of 99/- plus applicable GST will be levied for each redemption/claim of reward points.”
“Domestic :4 Lounge Per Year (1 per quarter per card) International: 1 Lounge per Year”
“1% on single fuel transaction of amount greater than Rs.500 & less than Rs.4000/-.”
“Maximum surcharge waiver up to Rs. 350/- within a billing cycle exclusive of service.”
“Rs 5 lacs: 5000 reward points (cashable value Rs.1250)”
“3 % Cashback on CSD Spends maximum at Rs.1500 per billing cycle.”
“10% Discount upto INR75 on transactions above INR600”
“Age : 21 & upto 70 Years”
“APPLY CREDIT CARD ONLINE”
“Salary Group : All Indian army personnel's of JCO/OR rank or below.”
“Network : Visa Platinum/ RuPay Platinum”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Punjab National Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Punjab National Bank’s own file from its website, unaltered, fetched 2026-10-21. Methodology