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PNB launches special card for Kumbh Mela

PNB launches special card for Kumbh Mela

New Delhi: State-owned Punjab National Bank (PNB) has launched a special card for Kumbh Mela 2019. The bank has partnered with the Uttar Pradesh government to create a model for digitization at this edition of Kumbh Mela, PNB said in a statement issued on Sunday. It is estimated that 12 crore devotees will participate in this event which happens every 12 years.

There is an opportunity to use digitization to simplify transactions at the event, it said. For convenient and hassle-free transactions at these shops, it said, the bank has created an indigenous product, PNB Rupay card which works even in absence of internet. This special card was launched by Chief Minister Yogi Adityanath and PNB Managing Director & CEO Sunil Mehta. Moreover, 1000 selected shopkeepers in Kumbh will be provided with PNB E-Rupay device for 100 per cent safe and guaranteed success of transactions. Bank will also install around 20 ATMs.

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