PNB Credit Card EMI

Features of PNB credit card EMI facility are as follows:

• This facility can be availed on spending Rs. 2,500 or more in a single retail transaction (excluding the purchase of jewelry, fuel, and cash withdrawal,) on PNB Global Credit Card
• The processing fee of 2% of the transaction amount or minimum Rs. 200 whichever is higher plus applicable GST is charged
• The facility is available on request within 30 days of transaction or payment due date
• Repayment plan

Period	Amount of Spends	Installment Amount
3 months	Rs. 10,000	Rs. 439 (inclusive of Finance Charges
6 months	Rs. 10,000	Rs. 1,756 (inclusive of Finance Charges)
9 months	Rs. 10,000	Rs. 1,196 (inclusive of Finance Charges)
12 months	Rs. 10,000	Rs. 917 (inclusive of Finance Charges)
18 months	Rs. 10,000	Rs. 638 (inclusive of Finance Charges)
24 months	Rs. 10,000	Rs. 499 (inclusive of Finance Charges)
36 months	Rs. 10,000	Rs.362 (inclusive of Finance Charges)

Below-mentioned are the ways via which PNB credit card purchases can be converted into EMI:

• Customers can call at PNB bank’s customer helpline to place the request to convert into EMI
• Customers can also send an e-mail from the registered e-mail address to creditcardpnb@pnb.co.in and place the request
• One can download the ‘Easy Pay’ form online from the website to convert PNB credit card into EMI and send it to:

Punjab National Bank, Credit Card Processing Centre,
3rd floor, Rajendra Bhawan,
Near Metro Station Rajendra Place,
New Delhi –110008

Once the request is received a representative from the bank will get in touch with the cardholder and guide him/her through the rest of the process.

• The eligibility criteria for the EMI facility on the card are that the applicant should be resident of India, he should be primary card holder and the limit on his account should not be exhausted
• A prepayment charge is levied on the customer
• Processing fee is also charged on the EMI transfer

What are the prepayment charges on PNB EMI facility?
3% on the outstanding amount is charged on the prepayment of the EMIs under Easy bill pay facility.

What is the processing fee under the PNB EMI facility?
2 % of the total transaction amount or Rs. 200 + GST amount whichever is higher is charged as the processing fees.

What is the minimum amount that can be transferred into EMI for 36 months under the PNB EMI facility?
Rs. 30,000 and the above amount is required to transfer the amount into EMI for 36 months.

Where can I find EMI application form?
You can easily find the EMI application form at the bank’s official website.