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Punjab National Bank
PNB Parakram Credit Card
RuPay
PNB Parakram Credit Card
Launched under PNB's 2026 MoU with the Indian Army for JCOs and other ranks, this zero-fee card pairs CSD cashback with lounge access and zero forex markup — benefits PSU defence cards rarely offer for free.
Rates and fees last verified 15 July 2026.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Benefits by category
- ✈️ Travel
Complimentary domestic and international airport lounge access
- 🌍 Forex / international spend
Zero forex markup on international spends · 0% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Employment: salaried
- Age: 21–70
Benefits
- 3% cashback on Canteen Stores Department (CSD) purchases, capped at ₹1,500/cycle
- Complimentary domestic and international airport lounge access
- Zero forex markup on international spends
- BOGO movie tickets and complimentary golf lessons; biodegradable card design
Pros
- + Zero joining/annual fee
- + 3% cashback on CSD purchases
- + Lounge access and zero forex markup at no cost
Cons
- − Exclusive to Indian Army JCOs and other ranks
- − Credit limit capped low (₹1–2 lakh) by rank
- − Not available to the general public or officers (see PNB LUXURA)