PNB to revise credit card charges from Nov. 1, 2026
In short
Punjab National Bank will change its credit card charges on November 1, 2026. The report says cash withdrawals, late payments, duplicate statement requests after three months, reward point redemptions, and some utility bill payments will cost more.
This matters because some cardholders will pay higher fees. It is not stated how many customers will be affected or whether any fee waivers will apply.
What the reporting says
Punjab National Bank will revise credit card charges from November 1, 2026, according to the publisher summary. The changes include higher fees for cash withdrawals and late payments, a Rs 99 charge for reward point redemptions, a fee for duplicate statements after three months, and a 1% levy on utility bill payments above Rs 50,000. The immediate effect is higher costs for some cardholders, while full customer impact is not stated.
Why it matters
Punjab National Bank will implement revised credit card service charges on November 1, 2026. The publisher summary says cash withdrawal and late-payment fees will rise, duplicate statement requests after three months will cost extra, reward point redemption will carry a Rs 99 charge, and utility bill payments above Rs 50,000 will attract a 1% fee. The reporting does not say why the bank is making the changes or how many customers will be affected.