1 PNB Reward point is worth ₹0.25 in India.
₹0.25₹250 per 1,000 points, our house mark
₹0.25 · first marked 15 Aug 2026, never re-marked since
How we got this ₹ figure
₹0.25 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.25, the ceiling) and not the worst you can always fall back on (₹0.25, the floor). It is the number every route on this page is priced with.
We hold one dated point for PNB Reward Points — the mark itself. There is no earlier valuation on our record, so this page shows no trend line rather than drawing one. How we value a point →
Which of my cards reach it? — 19 do
19 cards earn PNB Reward Points outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →
PNB VISA Classic0.3%Punjab National BankPNB VISA Gold0.3%Punjab National BankPNB VISA Platinum0.3%Punjab National Bank16 more cards that earn it — same ranking, best first
The currency behind PNB's whole RuPay/Visa credit-card shelf, and the rate is settled in PNB's REGULATORY document rather than its marketing. The MITC for Retail Credit Cards says it in one line — "Presently the Value of 1 reward point is 25 paise, Punjab National Bank may, at its sole discretion, exercise its right to change the value of reward points" — and then USES the number, pricing a closure debit at "1000 Negative Reward Points X Rs 0.25 per Reward Point". Five card-scoped anchors agree: both LUXURA Metal pages say "4 rewards points (Worth Rs. 1) for every Rs100/- spent" and ladder milestones at 10,000 points = ₹2,500, 14,000 = ₹3,500 and 26,000 = ₹6,500; the Zaggle twin says "10 rewards points (Value at Rs. 2.50)". THE ONE DOCUMENT THAT DISAGREES is pnbcard.in/rewards.html, the programme overview page, which reads "1 (One) Reward Point is worth INR 0.50 (50 paise)" today — and it does not settle anything, because that figure OSCILLATES. Archived snapshots run ₹0.50 (May, Sep, Oct 2024) → ₹0.25 (Jan, Feb 2025) → ₹0.50 (Mar 2025) → ₹0.25 (Jul 2025) → ₹0.50 (live, Aug 2026), while the same sentence's tail — "Thus, 1000 Reward Points get you free shopping or cashback worth INR 500" — never moves, so every ₹0.25 version of that page contradicts its own next clause. Its earn table also still lists only the eight original variants and knows nothing of LUXURA, Bliss, Salary, Patanjali, Rakshak, EaseMyTrip, RRB or Zaggle. An unmaintained string revised four times in two years does not outrank an MITC, so the band stays flat at ₹0.25 rather than widening to admit it. One caveat PNB does state and we carry: the MITC's own "(this conversion value may vary for different card variants)". It is a CLOSED LOOP — redemption runs through the PNB GENIE app and the Rewardz portal (statement credit / catalogue / gift vouchers), minimum 1,000 points a redemption, and pnbcard.in names no airline, no hotel and no transfer partner anywhere on the site.
PNB Reward Points has held — we grade its nerf risk stable No tracker events on record for this program How we grade it →
Expiry: 3 years from the date of accrual. PNB's MITC for Retail Credit Cards, section T: "The reward points on Credit Cards will be expired if not redeemed within 3 years from the date of accrual." The programme page (pnbcard.in/rewards.html) prints the same rule verbatim and — unlike the ₹-per-point figure two lines above it — has kept it unchanged across every archived snapshot from May 2024 to today. Redemption needs a minimum of 1,000 points in hand, and the card account itself closes after a year unused, which takes the balance with it.
No corridor on our board prices a seat in PNB Reward Points against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →
Straight answers
The questions people actually type about PNB Reward Points — answered from the same data as everything above, with the same numbers.
What is 1 PNB Reward point worth in INR?
Our desk marks PNB Reward Points at ₹0.25 a point — so 1,000 points are worth ₹250 and 10,000 are worth ₹2,500. That is the number every route on this page is priced with. The ₹0.25 floor is the redemption you can always fall back on; the ₹0.25 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 23 Aug 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn PNB Reward Points?
19 Indian cards earn PNB Reward Points outright. Best-ranked earners: PNB VISA Classic, PNB VISA Gold and PNB VISA Platinum, the best of them at 0.3% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.
When did PNB Reward Points last devalue?
We hold no dated events for PNB Reward Points at all — no devaluation, no buff, nothing sourced — and we will not fill that gap with a guess. The nerf-risk grade reads stable, which on a program with no logged history means untested rather than safe.
Verified against Punjab National Bank's own documents on · our house ₹/point, ₹0.25 today
Not published , and we will not invent it: how long posting takes · its award terms — surcharges and the booking window.
Every document behind this page — 2 of them, each with the day we read it
- official PNB's Most Important Terms and Conditions — "Presently the Value of 1 reward point is 25 paise", and the closure clause that then uses it, pricing a negative balance at "Rs 0.25 per Reward Point"
- official PNB Rewardz programme page — the per-variant earn table, and the one PNB document that prints ₹0.50 a point instead of the MITC's ₹0.25