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IT Enabled Services
Partnership19 Jun 2026, 06:00 pm

Zaggle Prepaid Partners with Punjab National Bank

AI Summary

Zaggle Prepaid Ocean Services Ltd has entered into a 5-year agreement with Punjab National Bank to act as a cobranding partner. The collaboration aims to drive acquisition, marketing, and promotion of a cobranded retail credit card product. Zaggle will leverage its existing corporate base for sales, with no promoter interest or related party transactions involved. This partnership is expected to expand Zaggle's reach in the credit card market.

Key Highlights

  • Zaggle partners with Punjab National Bank for cobranded credit cards.
  • Agreement duration is for 5 years.
  • Focus on acquisition, marketing, and promotion of the product.
  • Zaggle to utilize its corporate client base for sales.
  • No promoter interest or related party transactions involved.