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Punjab National Bank offers various credit cards through which you can enjoy instant access to funds and numerous other benefits. To get a PNB Credit Card, you need to meet the Punjab National Bank credit card eligibility and submit the required documents. 


Read on to know the eligibility criteria you need to meet to apply for a PNB Credit Card, the different types of cards offered by the bank, and more.

PNB Credit Card Eligibility Criteria

Although the eligibility may differ for every card, there are certain common criteria that you should know before applying. Given below are some of the common Punjab National Bank Credit Card eligibility criteria: 

  • Age: You should be above 21 years but under 70 years, 18 years or above if you are applying for an add-on card or a card against an FD

  • Source of Income: If applying for a primary card, you should have an independent source of income and enclose the proof of income with the application

  • Annual Income: You should be a salaried professional or a self-employed individual

 

Here are the Punjab National Bank Credit Card eligibility criteria based on minimum annual income.

1. For Existing PNB Customers:

Profession

VISA Classic

VISA Gold

VISA Platinum

Visa Signature

RuPay Platinum

RuPay Select & RuPay Millennial

Salaried /Self

Employed Individual

₹2.50 Lakhs

₹3.50 Lakhs

₹5 Lakhs

₹7.50 Lakhs

₹2.50 Lakhs

₹5 Lakhs

Disclaimer: The limits mentioned above are subject to change at the bank’s discretion.

2. For New PNB Customers:

Profession

VISA Classic

VISA Gold

VISA Platinum

Visa Signature

RuPay Platinum

RuPay Select & RuPay Millennial

Salaried /Self

Employed Individual

₹3.50 Lakhs

₹3.50 Lakhs

₹5 Lakhs

₹7.50 Lakhs

₹3.50 Lakhs

₹5 Lakhs

Disclaimer: The limits mentioned above are subject to change at the bank’s discretion.

Documents Required for a PNB Credit Card

Here are the documents that you need to submit to apply for a PNB Credit Card.

 

1. Application Form: You can download it from the PNB’s website or get it from any Punjab National Bank branch.

 

2. Photograph: A copy of your recent picture 

 

3. Proof of Present/Correspondence/Permanent Residence 

  • Property Registration Document 

  • Driver’s licence 

  • Aadhaar card 

  • Passport 

  • Person of Indian Origin Card 

  • Ration card 

  • Bank account statement

 

4. Proof of Identity 

  • Driver’s licence 

  • Aadhaar card 

  • PAN card

  • Voter’s ID 

  • Passport 

  • Person of Indian Origin Card 

  • Overseas Citizen of India Card

 

5. Proof of Income – You can submit any of the following latest documents.

For existing PNB customers who are salaried persons or pensioners

  • Latest 3 Months salary slip

  • Latest salary certificate 

  • IT return duly acknowledged by the IT Department

  • Form 16

For existing PNB customers who are self-employed / professionals

  • IT returns (last 2 years), duly acknowledged by IT Department

For new PNB customers who are salaried persons or pensioners

  • ITR/salary slip and copy of the latest Statement of Account (SOA) (6 months)

  • Pension slip/last 6 months’ bank statement reflecting pension credit

For new PNB customers who are self-employed / professionals

  • IT returns (last 2 years), duly acknowledged by IT Department 

  • Copy of latest Statement of Account (SOA) (showing transactions of the last 6 months)

Factors Affecting PNB Credit Card’s Eligibility Criteria

Here are some of the factors that affect the Punjab National Bank Credit Card eligibility criteria.

1. Income Source

You should be a salaried professional or a self-employed individual with a stable source of income. This gives assurance that you will repay the dues on time and in full. 

2. Credit Score

If you have a good credit score and a history with no defaults, your chances of seamless approval may increase. Generally, having a credit score above 750 can show good creditworthiness.

3. Location

Before applying for a PNB Credit Card, check the list of serviceable cities or locations. Some banks do not offer services in certain locations.

4. Age of the Applicant

Your age matters when issuing a credit card, as using a credit card becomes a huge responsibility. 

5. Loan Enquiries

Multiple loan enquiries suggest that you are credit-hungry, making you a high-risk borrower. In some cases, it also means that you may have a higher chance of default. Given this, you should ensure that you are not applying frequently. Ideally, you should apply at intervals of 6 months if needed. 

Online Credit Card Application for New Customers

If you are a new customer, follow these steps to apply for a PNB Credit Card:

  • Visit the PNB official website

  • Go to ‘Apply Card Online’

  • Select ‘No’ under the question - ‘Are you an existing Punjab National Bank Customer?’

  • Fill in the required details to begin the application

 

After submitting your details, the bank will verify the information and contact you. Ensure that you keep the documents easily accessible for a seamless process.

Online Credit Card Application for Existing Customers

If you are an existing customer, you need to follow these steps to apply for a PNB credit card:

  • Visit the PNB official website

  • Go to ‘Apply Card Online’

  • Select ‘Yes’ under the question - ‘Are you an existing Punjab National Bank Customer?’

  • Fill in the required details to apply

 

After submitting your details, the bank will verify the information and contact you for further processing. 

Ways to Increase Punjab National Bank Credit Card’s Limit

The credit limit you get is solely at the bank’s discretion. However, there are a few steps that you can take to increase your limit. The majority of these steps revolve around improving your overall creditworthiness, one of the most important Punjab National Bank Credit Card eligibility criteria. 

 

To this end, you can:

  • Increase your monthly and annual income

  • Use the card frequently but responsibly

  • Pay the bills on time

  • Improve your creditworthiness and credit score

  • Reduce your expenses and other financial liabilities

 

To apply for a higher limit, you will have to submit an application to the bank. However, keep in mind that increasing the limit is at the bank’s discretion and working on the above increases your chances of getting a higher limit.

 

You can compare some of the top credit card issuers on Bajaj Markets and select a card that best suits your requirements.

DISCLAIMER

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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Frequently Asked Questions

What is the salary criterion for PNB credit cards?

The salary criteria for PNB credit cards depend on the type of credit card you choose and vary for a new and an existing PNB customer. It can range from ₹2.5 Lakhs to ₹7.5 Lakhs.

Can a student apply for a credit card in PNB?

You cannot apply for a PNB Credit Card as a primary cardholder if you are under the age of 21. However, you can apply for an add-on credit card or a credit card against FD if you are over 18 years old.

What is the CIBIL score required for a PNB Credit Card?

Punjab National Bank has no specific credit score requirements for a credit card. However, having a score above 750 is ideal as it showcases good creditworthiness and boosts your chances of approval.

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