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Banner-holder is a rank held by Daggerfallian chevaliers. A banner's senior chevalier, they lead their banner into battle, represent it in any assembly of the army as might occur, and preside over banner drills - first and foremost, ensuring they are attended by every able chevalier in the banner. As banner-holders are elected by their chevaliers, and hold their office until death or the formal end of their service, they tend to be among the most capable and experienced soldier-knights in any given banner.

As there is virtually no political gain attached to the position of banner-holder, the office tends to be less susceptible to the corruption and nepotism constantly threatening nearly all rank and title within the Kingdom of Daggerfall.

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