PNB Patanjali RuPay Platinum Card Settlement

Struggling with outstanding dues on your PNB Patanjali RuPay Platinum Credit Card? Learn how to settle your card balance smartly.

Understand Your Outstanding Dues

[{"selector":"#anim-331e9ef9-2bfd-4c84-8ed1-c94e54b6f3cb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f469bab3-652f-4a8f-8b5e-04a778b177c7","keyframes":{"transform":["translate3d(-116.16162%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - Check your credit card statement for total dues. - Identify interest, late fees, and principal amount. - Contact PNB customer care for an exact settlement figure.

Negotiating a Settlement

[{"selector":"#anim-91ac9b7d-6269-41fe-b411-cfa1175b3a40","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-450e1988-dabf-422c-adf8-1d9336f68fdd","keyframes":{"transform":["translate3d(-116.16162%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - Visit your nearest PNB branch. - Explain your financial hardship and request a settlement. - Ask for a waiver on interest and late fees.

One-Time Settlement (OTS) Process

[{"selector":"#anim-9c621cda-4e78-4406-9563-ba4cf66ca776","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c091a9c-9131-457e-8887-d172bbf98f8f","keyframes":{"transform":["translate3d(-116.16162%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - If approved, PNB will offer a reduced lump sum amount. - Pay the agreed amount within the given time frame. - Get a No Objection Certificate (NOC) after full payment.

Impact on CIBIL Score

[{"selector":"#anim-18862885-6d76-42b6-ae54-cd9768b6f7f3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f32ae995-ae08-4ced-9c90-e08281cd79ca","keyframes":{"transform":["translate3d(-116.16162%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - A settlement reduces your dues but may lower your CIBIL score. - The account will be marked as "Settled" instead of "Closed". - Rebuilding credit requires timely payments on other loans/cards.

Alternative Ways to Clear Dues

[{"selector":"#anim-471b1c7f-fab9-4c12-9212-cea714e33c18","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a709df2c-5796-4ce3-b7f1-7d64e9d8140b","keyframes":{"transform":["translate3d(-116.16162%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - Convert outstanding balance into EMIs for easier repayment. - Opt for a loan to clear credit card debt. - Use a balance transfer to shift debt to a lower-interest card.