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You can transfer the outstanding of your other Credit card
to PNB Global Credit
card and reduce your interest burden. |
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The facility of Balance Transfer @ 0% finance charges has been discontinued. The existing 0% BT
accounts will continue till their due date with immediate effect.
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Any person applying for PNB Global Credit Card or existing PNB Global Credit Card
holder
may avail the facility of transfer of outstanding balance of his others bank
credit cards to PNB Global card on an interest rate which is lower finance charges. |
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The applicant for balance transfer facility
can opt for the following plan: |
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Plan |
Under EMI scheme with repayment period of 6
months. |
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S.No. |
Repayment Period |
Finance Charges |
Monthly
Installment |
Processing
fees |
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1. |
6 months |
0.99% p.m. |
Rs172.50 for every Rs.1000/- |
1% of Balance Transfer
amount or Rs.199,
whichever is higher |
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1) Eligibility 1) Eligibility :
A cardholder
is eligible for Balance Transfer facility if - |
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• He is Resident of
India
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• He is Primary card holder |
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• His credit card a/c is
not over limit or delinquent |
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2) Eligible Amount : |
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Minimum:
Rs.2000/-
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Maximum:
90% of Card Credit Limit or available credit limit whichever is lower. |
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3) How to apply:-
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PNB Global Credit cardholders may apply for balance transfer facility by submitting
request form for balance transfer along with a copy of latest monthly statement
of his other credit card for which balance transfer facility is desired. The statement
should not be older than 45 days. The request form may be downloaded from the resource
center of the website. |
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4) Mailing Address for request: |
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Punjab National Bank,
Credit Card Processing Centre,
A37, Sector 60
NOIDA- 201301 (UP)
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Please click here to download the Balance Transfer Form / Terms and Conditions. |
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