17 August,2009 02:11 PM IST | | PTI
Intending to widen its credit card base across value as well as high end customers, public sector lender Punjab National Bank (PNB) is now aiming to issue 2 lakh global credit cards by March 2010.
"We are targeting to issue two lakh global credit cards to our customers by end of the current fiscal," PNB Chief General Manager (Credit Card Venture) Ranjan Dhawan told PTI today.
The bank would also shortly launch its new cards- Corporate and Platinum credit cards. "Corporate Cards will be meant for senior executives of companies who often travel for business purposes.
In this category, there will be two cards such as Individual liability and corporate liability," he informed. Another second Platinum card will come with enhanced benefits for high end customers (income having between Rs 7 to 10 lakh per annum).
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"This card will meet the requirements of customers like premium gold membership, lounge expenses etc," he said. "Trials for these cards are already on and we hope to launch them within next two months," he said.
Having launched its credit card in February this year in association with VISA, PNB has already created a card base of 28,000. This card is accepted at over 29 million merchant establishments and one million ATMs worldwide which use VISA as a payment gateway.
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