Home / Punjab National Bank / PNB Rakshak Plus RuPay Select
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PNB Rakshak Plus RuPay Select

Annual Fee

₹1,000

Rewards/₹100

₹0.25 - ₹0.50

Normalized to balance base rate with bonus categories

Interest Rate

35.40%

Credit Score

700+

At a Glance

Key Benefits

Rs.10L insurance, 1-2 RP per Rs.100, lounge access, 24x7 concierge, priority care

Lounge Access

3 domestic + 2 international lounge visits per quarter

Eligibility

Defense personnel only, Age: 21-65, Income: Rs.4 lakh+, CIBIL: 700+

Quick Details

Annual Fee
₹1,000 #183
Joining Fee
₹1,000 #183
Interest Rate
35.40% p.a. #35
Forex Markup
3.50% #75
Rewards/₹100
₹0.25 - ₹0.50 #238
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
3/year #87
International Lounge Visits
2/year #41
Min Credit Score
700+ #54
Min Monthly Income ₹50
Network RUPAY
Card Replacement Fee 100
Late Payment Fee ₹600
Cash Advance Fee ₹500 2.50% (min ₹500)
Over Limit Fee ₹500
Card Replacement Fee ₹100
Fee Waiver on Spend ₹1,50,000/yr

Reward Structure

Base

All Spends

₹0.25 /₹100
Cat

CSD/Canteen Stores

₹0.50 /₹100

Reward Calculator

Allocate by Category100%
CSD/Canteen Stores
2.0 pts
60%₹30,000
Other Spends
1.0 pts
40%₹20,000
Your Rewards
Points Earned800
Cash Value₹200
Breakdown
CSD/Canteen Stores600
Other Spends200
Total Value₹200
Quick amounts:

Milestone Benefits

Renewal Benefit

Annual fee waiver on spending Rs.1.5 lakh in previous year

Spend ₹1,50,000 within 365 days

₹1,000

value

Airport Lounge Access

Domestic Free
3

visits per quarter

Via Dreamfolks/RuPay lounge program

International Free
2

visits per quarter

Via RuPay international lounge program

Insurance Coverage

Accident

₹10,00,000

Enhanced accidental death/disability cover for defense personnel

Lost Card

₹1,00,000

Lost card liability protection

Lifestyle Perks

Fuel

1 /month

1% fuel surcharge waiver on Rs.500-Rs.4,000 transactions (max Rs.300/month)

Concierge

24x7 concierge services for travel and lifestyle assistance

Other

1

Priority customer care for defense personnel

Other

1

UPI credit line - link to UPI apps for seamless payments

Quick Analysis

PNB Rakshak Plus RuPay Select is designed specifically for India's defense forces, offering enhanced insurance, lounge access, and priority services. An excellent choice for armed forces personnel seeking premium card benefits.

Pros

  • Exclusive card for defense personnel and armed forces
  • 3 domestic + 2 international lounge visits per quarter
  • Rs.10 lakh accidental insurance (enhanced for defense)
  • 1-2 reward points per Rs.100 spent
  • 24x7 concierge and priority customer care
  • 1% fuel surcharge waiver (up to Rs.300/month)
  • UPI credit line and NCMC functionality
  • Annual fee waiver on Rs.1.5L spend
  • Special benefits at CSD/canteen stores

Cons

  • Limited to defense personnel only
  • Rs.1,000 annual fee
  • Fee waiver requires Rs.1.5 lakh annual spend
  • 3.5% forex markup
  • High APR of 35.4% per annum
  • Basic reward rate
  • Limited acceptance compared to Visa/Mastercard internationally

Best For

Defense personnel, armed forces members, veterans

Not Ideal For

Civilians (not eligible), international travelers

Frequently Asked Questions

Who is eligible for PNB Rakshak Plus?
This card is exclusively for defense personnel including serving/retired members of Indian Army, Navy, Air Force, Paramilitary forces, and defense civilians.
What are the fees?
Joining and annual fee is Rs.1,000 each. Annual fee is waived on spending Rs.1.5 lakh in the previous year.
What insurance is provided?
Enhanced accidental death/disability insurance of Rs.10 lakh, significantly higher than regular cards for defense personnel.
What lounge access does this offer?
3 domestic and 2 international lounge visits per quarter via RuPay/Dreamfolks program.
Are there special benefits at CSD stores?
Yes, you earn 2 reward points per Rs.100 spent at CSD/Canteen Stores, double the regular rate.

User Reviews

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