Zaggle Prepaid Ocean Services Enters 5-Year Co-Branding Pact with PNB
Zaggle Prepaid Ocean Services has entered into a 5-year co-branding agreement with Punjab National Bank, finalized on June 19, 2026, to drive the acquisition, marketing, and promotion of a co-branded retail credit card. Zaggle will leverage its existing corporate base to sell the product, with the deal involving no related party transactions as disclosed to stock exchanges under SEBI regulations.

*this image is generated using AI for illustrative purposes only.
Zaggle Prepaid Ocean Services has entered into a 5-year co-branding agreement with Punjab National Bank to drive the acquisition, marketing, and promotion of a co-branded retail credit card product. The partnership, finalized on June 19, 2026, designates Zaggle as the co-branding partner and aims to leverage its existing corporate base to sell the new credit card offering.
Partnership Details
The agreement is a domestic contract awarded by Punjab National Bank, a public sector banking institution. Zaggle will be responsible for the marketing and promotional activities associated with the co-branded retail credit card. The deal is structured for a duration of 5 years, providing a sustained period for collaboration between the fintech firm and the bank.
| Parameter | Details |
|---|---|
| Partner | Punjab National Bank |
| Nature of Agreement | Co-branding Agreement |
| Duration | 5 Years |
| Objective | Acquisition, marketing, and promotion of Co-branded Retail Credit Card |
| Consideration | Leverage existing corporate base to sell cards |
The disclosure was made to the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.
Historical Stock Returns for Zaggle Prepaid Ocean Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.97% | -4.05% | -5.47% | -26.81% | -49.59% | +28.90% |
What are the projected financial targets for credit card acquisition over the 5-year term?
How will this partnership impact Zaggle's revenue streams and profitability in the coming quarters?
What competitive advantages does this co-branded card offer compared to similar products in the market?


































