Indian Navy VARUNAH Premium BOBCARD Credit Card
Updated 3 Jul 2026Source-linked
The Indian Navy VARUNAH Premium BOBCARD Credit Card is a premium co-branded credit card from Bank of Baroda and Indian Navy, with a joining fee of ₹2,499 + GST.
It earns up to 15 pts per ₹100 (≈2.7% value) on Indian Navy spends in the form of reward points (points).
Cardholders get unlimited annual domestic airport lounge access, plus 500 bonus reward points as a welcome benefit.
Indian Navy VARUNAH Premium BOBCARD Credit Card
- Joining Fee₹2,499
- Annual Fee₹2,499
- Best Suited ForCo-brand rewards
- Reward TypeReward Points (points)
Rewards Rate
- 15 pts per ₹100 on travel online dining international (cap 5000 points / statement)
- Base 0.54% on other spends
Welcome Benefits
- 500 bonus reward points
BoBselectpremiumCo-brand · Indian NavyRewards and Benefits
Rewards Rate
15 pts per ₹100 on travel online dining international (cap 5000 points / statement)
Base 0.54% on other spends.
Reward Redemption
BOBCARD Rewards: Redeem at ₹0.25 per unit.
Welcome Benefits
500 bonus reward points
Milestone Rewards
- ₹1,00,000 / annual: 12 months Amazon Prime membership
Domestic Lounge Access
Unlimited visits each annual.
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
- personal accident: ₹1,00,00,000
- personal accident: ₹10,00,000
Other Benefits
- Add-on cards — Up to 3 lifetime-free add-on cards for spouse, parents, siblings or kids (18+).
Fees & Charges
Spend-Based Waiver
₹1,50,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
2.00%
Interest Rates
3.49% per month (41.9% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹400 and ₹5,000, capped at ₹250 per monthly.
Cash Advance Charges
2.5% or ₹500 (whichever is higher)
Product Details
- Co-branded premium card by Bank of Baroda and Indian Navy.
- Joining / annual fee of ₹2,499 + GST, waived on annual spends of ₹1,50,000.
- Available on the RuPay network.
- Complimentary airport lounge access: domestic (unlimited/annual).
- Insurance cover bundled: personal accident, personal accident.
Pros & Cons
Pros
- Annual fee waivable on ₹1,50,000 spend.
- Low forex markup of 2.00% — suited to international spends.
- Complimentary domestic airport lounge access (unlimited/annual).
- 24/7 concierge service.
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
Cons
- No rewards on fuel spends.
₹125 welcome benefit
- 500 bonus reward pointsSpend ₹5,000 or more within 60 days of issuanceWindow: 60 days from issuance.
Accelerated rewards
- 15 pts per ₹100 on travel online dining international (cap 5000 points / statement)
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- insurance premiums
- emi
Milestone benefits
- ₹1,00,000 / annual: 12 months Amazon Prime membership (≈ ₹1,499 value)
Airport lounge access
Domestic
Unlimited visit(s) / annual. Via rupay.
Insurance benefits
- personal accident: ₹1,00,00,000Air accidental death cover.
- personal accident: ₹10,00,000Non-air (incl. sea) accidental death cover.
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per monthly.
Other benefits
- Add-on cards. Up to 3 lifetime-free add-on cards for spouse, parents, siblings or kids (18+).
Sources
- : www.bobcard.co.in · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 18–65
- Credit score
- 750+
- Income (salaried)
- ₹12,00,000 p.a.
- Income (self-employed)
- ₹12,00,000 p.a.
Designated personnel of the Indian Navy.