Zaggle Prepaid Ocean Services Partners with Punjab National Bank for Co-branded Retail Credit Card
Zaggle Prepaid Ocean Services Limited has entered into a strategic agreement with Punjab National Bank (PNB). The partnership, formalized on June 19, 2026, positions Zaggle as the cobranding partner aimed at driving the acquisition, marketing, and promotion of a new Cobranded Retail Credit Card Product.This domestic partnership focuses on leveraging Zaggle's existing corporate base to facilitate sales of the Co-brand Retail Credit Card. The collaboration is set for an initial term of five years.
The key terms and conditions of the agreement have been outlined as follows:
| Contract Detail | Description |
|---|---|
| Partnering Entity | Punjab National Bank |
| Relationship Type | Cobranding Partner |
| Product Focus | Cobranded Retail Credit Card |
| Duration | 5 Years |
| Transaction Status | Not a related party transaction |
The agreement establishes Zaggle's role in marketing and promoting the product through its established corporate network. The structure of the contract ensures that both companies work toward enhancing the market presence and penetration of the co-branded credit card offering.
ZAGGLE Stock Price Movement
Today, Zaggle Prepaid Ocean Services Limited shares edged higher to settle at ₹213.17, gaining 1.48% in post-market trading after rising by ₹3.11 today. The stock recorded a traded volume of 829,077 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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