India, Aug. 21 -- Punjab National Bank (PNB) on Friday, August 21, announced an exclusive memorandum of understanding (MoU) with the Indian Army to provide two credit cards with specially curated benefits for serving Army personnel.

Under the partnership, PNB will offer the PNB LUXURA Metal Credit Card to Army officers, while JCOs and other ranks personnel will be eligible for the PNB Parakram Credit Card.

According to PNB, the cards will offer several lifestyle and financial benefits, including 3 per cent cashback on purchases at Canteen Stores Department (CSD) outlets, complimentary access to domestic and international airport lounges, zero forex markup and Buy One Get One movie ticket offers. Cardholders will also receive complimenta...