PNB Rakshak RuPay Select Credit Card
Punjab National Bank
Last updated: Feb 03, 2026
₹0
₹0
3.5%
12 visits/yr
Contents
PNB Rakshak RuPay Select Credit Card is a dedicated defence credit card from Punjab National Bank designed for serving personnel, veterans and trainees of the armed forces. It comes with zero joining and annual fee when used at least once every quarter, making it highly cost-effective for disciplined users. Cardholders enjoy 300+ welcome reward points, 2x reward points on retail merchandise, exclusive cashback on utility bill payments and dining, and complimentary domestic as well as international airport lounge access. The card also offers comprehensive insurance coverage, fuel surcharge waiver and 24x7 concierge support, making it a strong all-rounder credit card for defence families who want rewards, lounge access and protection benefits without high annual charges.
Features of PNB Rakshak RuPay Select Credit Card which makes it unique
Defence-Focused Design
Built exclusively for armed forces personnel, veterans and trainees with fee waivers and benefits tuned to defence lifestyle needs.
Zero annual fee with regular usage and better value on typical defence household spends.
More defence-specific than generic RuPay Select credit cards.
Quarterly Usage-Based Fee Waiver
Annual fee remains nil as long as you use the card at least once every quarter.
Effectively makes the card lifetime free for active users while still earning rewards and lounge access.
Simpler and more achievable than high annual spend-based fee waivers on many other cards.
RuPay Select Lounge Programme
Complimentary domestic and international airport lounge access via the premium RuPay Select platform.
Comfortable airport experience with snacks, Wi-Fi and seating before flights.
Rare combination of no annual fee and complimentary lounge access in this segment.
Rewards Structure of PNB Rakshak RuPay Select Credit Card
Base Retail Spends
baseAll eligible retail transactions except fuel, wallet loads and excluded categories
Reward points earned on regular day-to-day spends such as grocery, apparel, electronics and general shopping.
Utility Bill Payments
acceleratedElectricity, water, gas, broadband, DTH and other utility payments at eligible merchants or biller platforms
Designed for defence families who routinely pay utility bills; combine reward points and promotional cashback for better savings.
Dining and Restaurants
acceleratedEateries, cafés and restaurant spends at eligible MCCs
Exclusive RuPay and PNB partner offers on dining may change from time to time; always check latest campaigns for extra savings.
Airport Lounge Program
baseUse the PNB Rakshak RuPay Select Credit Card at participating domestic and international airport lounges
Lounge access is enabled via the RuPay Select credit card programme; visits and lounge list are subject to periodic revision.
Fuel Transactions
baseCard swipes at participating fuel stations within the eligible transaction range
Useful for defence personnel who travel frequently by road; helps reduce effective fuel cost without charging an annual fee.
Fees & Charges of PNB Rakshak RuPay Select Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | 3% |
| Returned Payment Fee | ₹200 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:No joining or annual fee if the card is used at least once in every quarter; otherwise standard maintenance charges may apply as per the latest PNB credit card schedule.
Fee Explanation Interest on revolving balances is typically 2.95% per month (35.89% annually). Cash advances attract separate cash advance fees plus finance charges from the transaction date until repayment.
Detailed Explanation of PNB Rakshak RuPay Select Credit Card Fees
Joining Fee: ₹0 (once)
No joining fee for primary or add-on cards for eligible defence personnel.
Annual / Renewal Fee: ₹0 (yearly)
Annual fee is nil if the card is used at least once in every quarter; otherwise maintenance charges as per current PNB schedule may apply.
Finance Charges on Revolving Credit: 2.95% per month (35.89% annually) (monthly)
Applicable on unpaid retail and cash advance balances from the transaction date until full repayment.
Cash Advance Fee – PNB ATMs: 2% of withdrawn amount (min ₹150) (transaction)
Charged on each cash withdrawal from PNB ATMs, plus finance charges from the date of withdrawal.
Cash Advance Fee – Other / Overseas ATMs: 2% of withdrawn amount (min ₹200 within India, ₹300 overseas) (transaction)
Charged on each cash withdrawal at non-PNB and international ATMs, plus finance charges from the date of withdrawal.
Late Payment Fee: Up to ₹750 (statement)
Slab-based: nil for dues below ₹100; then ₹200–₹750 depending on total outstanding as per PNB credit card policy.
Overlimit Fee: 2.5% of overlimit amount (min ₹500) (statement)
Charged if total outstanding exceeds the assigned credit limit during a billing cycle.
Foreign Currency Mark-up: 3.5% of transaction value (transaction)
Applied on all international transactions and dynamic currency conversion spends.
Returned Payment / Dishonour Fee: ₹200 per instance (event)
Charged if cheque, ECS, NACH or other payment mode is returned or dishonoured.
Card Replacement Fee: ₹200 (event)
Charged for physical card re-issuance in case of loss, theft or damage.
Fuel Surcharge Waiver: 1% waiver (transaction)
1% fuel surcharge waived at eligible fuel outlets on transactions between ₹400 and ₹4,000, subject to a monthly cap (GST not waived).
Lounge Access Benefits with PNB Rakshak RuPay Select Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Typically up to 2 complimentary domestic airport lounge visits per quarter at participating lounges for the primary cardholder.
international Lounges
silverVisits per year: 4
Guest access: No
Complimentary international airport lounge visits per year at partner lounges; access is generally limited to the primary cardholder and may require registration with RuPay / NPCI partner networks.
Insurance Coverage with PNB Rakshak RuPay Select Credit Card
Accidental Death and Permanent Disability Cover
₹10,00,000Complimentary personal accident insurance (including accidental death or permanent total disability) for the primary cardholder, subject to minimum usage criteria and policy terms.
Air Accident Cover
₹10,00,000Additional air accident insurance may be available when the ticket is purchased using the PNB Rakshak RuPay Select Credit Card; coverage as per the group insurance policy arranged by the bank.
Credit Shield / Card Liability Cover
Up to the prevailing credit limit or insurer-defined capProtects against outstanding card dues in case of the cardholder’s accidental death or permanent disability, as per insurer’s terms and claim process.
Purchase Protection
₹50,000Coverage against loss or damage of select high-value purchases made on the card, typically within 90 days of purchase and subject to insurer and bank terms.
Additional Features of PNB Rakshak RuPay Select Credit Card
PNB GENIE Mobile App
Manage your PNB Rakshak RuPay Select Credit Card through the PNB GENIE app – check statements, pay bills, set limits and control domestic or international usage.
Available on Android and iOS; registration with your PNB customer details is required.
24x7 Concierge Services
Round-the-clock concierge support for travel bookings, hotel reservations, restaurant recommendations, gifting and more.
Provided via RuPay Select / partner concierge desk; specific services and limits are subject to the concierge programme.
Add-on Cards
Lifetime free add-on credit cards for eligible family members of defence personnel such as spouse or adult children.
Add-on users share the primary cardholder’s credit limit; KYC and eligibility norms apply.
EMI Conversion Facility
Convert high-value purchases into convenient EMIs directly through PNB GENIE or customer care.
Minimum transaction amount, processing fee and interest rate apply as per current EMI schemes.
Merchant Offers
Access 300+ RuPay and PNB partner merchant offers on shopping, dining, travel and more.
Offer list and discounts change periodically; always check latest offers on RuPay Select or PNB credit card offers page.
Welcome Bonus with PNB Rakshak RuPay Select Credit Card
Welcome Bonus: 300+ Reward Points
Bonus Conditions: Welcome reward points are credited on the first purchase transaction as per PNB Rakshak RuPay Select card terms and conditions; cash withdrawals and fee payments are not eligible.
Application Process for PNB Rakshak RuPay Select Credit Card
Processing Time
7–10 working days after successful document verification
Online Application
Not Available
Instant Approval
Not Available
Step-by-Step Process
Visit your home branch or designated Punjab National Bank branch where you maintain your Rakshak or salary account.
Fill in the PNB Rakshak RuPay Select Credit Card application form and select the appropriate card variant.
Submit KYC documents (PAN, Aadhaar, address proof) along with income or pension proof and defence service identification.
PNB reviews your eligibility, credit profile and documentation and assigns a suitable credit limit.
Once approved, the PNB Rakshak RuPay Select Credit Card is printed and dispatched to your registered mailing address.
Activate the card via PNB credit card customer care, PNB GENIE app or internet banking and set your PIN before first use.
Required Documents for PNB Rakshak RuPay Select Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income / Pension Proof
salariedAccepted documents:
Bank Relationship Proof
allAccepted documents:
PNB Rakshak RuPay Select Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India at RuPay-enabled POS terminals, ATMs and online merchants.
International Acceptance
Accepted at many international merchants and ATMs on RuPay’s partner networks (such as JCB or Discover), though acceptance may be lower than Visa or Mastercard in some regions.
Online Acceptance
Supported for most Indian e-commerce websites and bill payment portals that accept RuPay credit cards.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for PNB Rakshak RuPay Select Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
750+
Citizenship
Indian citizens only; issued exclusively to serving defence personnel, veterans and trainees under the PNB Rakshak Plus scheme.
Income Requirements
Salaried Applicants
₹42,000
Minimum annual income
Self-Employed Applicants
₹50,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant should have a Punjab National Bank account, preferably under the Rakshak Plus scheme, a valid PAN and Aadhaar, and a stable income or pension from defence services.
How Approval Is Decided
- Defence personnel, veterans or trainees with a valid relationship with Punjab National Bank.
- Minimum annual income around ₹5 lakh or equivalent pension, subject to bank’s internal policy.
- Indian residency status and completion of full KYC as per RBI and PNB norms.
- Satisfactory credit history and a good credit score, typically 750 or above.
- Bank’s internal risk assessment and documentation checks must be successfully cleared.
Pros of PNB Rakshak RuPay Select Credit Card
- Zero joining and annual fee with simple quarterly usage condition.
- 300+ welcome reward points and accelerated 2x reward points on retail merchandise.
- Exclusive cashback offers on utility bill payments, eateries and restaurants.
- Complimentary domestic and international airport lounge access for frequent travellers.
- Comprehensive insurance benefits including accidental death and disability cover tailored for defence personnel.
Cons of PNB Rakshak RuPay Select Credit Card
- Eligibility restricted to defence personnel, veterans and trainees; not available to the general public.
- Foreign currency mark-up of 3.5% makes it less attractive for heavy international spenders.
- RuPay international acceptance, while improving, may still be lower than Visa or Mastercard at some global merchants.
- No formal milestone rewards or big-spend bonuses beyond regular rewards and cashback.
- Reward structure is optimised for retail and household expenses; categories like entertainment and travel tickets may not get extra rewards.
Frequently Asked Questions about PNB Rakshak RuPay Select Credit Card
Who is eligible for the PNB Rakshak RuPay Select Credit Card?
This card is issued exclusively to serving defence personnel, veterans and trainees who have a relationship with Punjab National Bank, typically under the PNB Rakshak Plus scheme, and who meet the bank’s income, age and credit score criteria.
Is there any joining or annual fee on the PNB Rakshak RuPay Select Credit Card?
There is no joining fee and the annual fee is effectively nil as long as you use the card at least once in every quarter; if the quarterly usage condition is not met, standard maintenance charges as per PNB’s prevailing schedule may apply.
How are reward points earned on the PNB Rakshak RuPay Select Credit Card?
You earn 300+ welcome reward points on your first eligible purchase and then earn reward points on retail spends, typically at a rate of 2 reward points per ₹150 spent on eligible retail transactions, along with promotional cashback on utilities and dining from time to time.
Does the PNB Rakshak RuPay Select Credit Card offer airport lounge access?
Yes, as a RuPay Select-based defence credit card, it offers complimentary access to select domestic and international airport lounges each year, subject to programme rules and visit caps under the RuPay Select lounge programme.
What kind of insurance cover is available with this credit card?
The card typically includes comprehensive insurance benefits such as accidental death and permanent disability cover (up to around ₹10 lakh for the Select variant), air accident cover and card liability protection, subject to policy terms and minimum usage conditions.
How can I apply for the PNB Rakshak RuPay Select Credit Card?
You can usually apply by visiting the PNB branch where you maintain your Rakshak or salary account, filling in the credit card application form and submitting KYC, income or pension proof and defence service documents; online instant applications are generally not available for this defence-specific card.
Do I get fuel surcharge waiver on the PNB Rakshak RuPay Select Credit Card?
Yes, you get a 1% fuel surcharge waiver on eligible fuel transactions within the specified transaction range at participating fuel outlets, subject to a monthly cap and excluding GST and other levies.
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