PNB documents it in exactly one place, its Key Fact Statement, and the two numbers there are the ones that matter. The joining fee is nil. The annual fee is capped at 1% of the card limit or ₹1,000, whichever is lower, before tax — so ₹1,000 for any limit of ₹1 lakh or more, which is how this site prices it. The interest rate is the reason to take it. PNB's current schedule says the APR after the free-credit period "will be 12% where credit guarantee is available for the portfolio", against 35.89% on every retail PNB card. That carve-out is missing from the schedule PNB has published for 1 November 2026 — which may be an editing slip or may not — so get the rate confirmed in your sanction letter. PNB publishes no reward rate, no credit-limit band, no benefit and no application route for this card, so it is carried and not ranked. Ask the branch that holds your business account.
What's good
- No joining fee; the annual fee is at most 1% of the limit or ₹1,000, whichever is lower
- 12% APR after the free-credit period where the scheme's credit guarantee covers the portfolio — against 35.89% on PNB's retail cards
- Built for Udyam-registered micro enterprises under the government's credit-card scheme
Watch out
- The 12% APR line is in PNB's current Key Fact Statement schedule but NOT in the schedule headed w.e.f. 1 Nov 2026 — confirm the rate in writing
- PNB HAS NOT PUBLISHED ANY EARN, credit-limit band or benefit for this card, so this site carries it without valuing or ranking it
- No add-on cards (the KFS add-on row reads NA)
- No product page on PNB's card portal and no row in its retail MITC; the Key Fact Statement is the only PNB document that names the card
