Our Money Guide

Bank of Baroda Varunah Credit Card, is an entry level card exclusively for Indian Navy Personnel. You get get special benefits on grocery and department store purchases.

The card is lifetime free.

Brief Summary

Our Rating
3.50 / 5

Our View

Entry level lifetime free card exclusively for Indian Navy Personnel. You get a higher benefit of 1.25% on grocery and department store purchases; but this benefit is restricted to total monthly spends of ₹15,000 in this promotion category.

The card is lifetime free, and is a good choice for those who like the simplicity of a lifetime free card.

on BOB Financial website

Bank of Baroda Varunah Credit Card

Special Benefits

1.25% benefit on grocery and department store purchases

Other Benefits

1% fuel surcharge waiver

Minimum Income

Not specified

Annual Fee

₹ 350

Annual Fee Offers

Welcome offer worth ₹250

Comparison of Bank of Baroda Credit Cards

Features
Eterna Credit Card
Our Rating
       
APPLY NOW
IRCTC BoB Rupay Credit Card
Our Rating
       
APPLY NOW
Snapdeal Credit Card
Our Rating
       
APPLY NOW
Premier Credit Card
Our Rating
       
APPLY NOW
Prime Credit Card
Our Rating
       
APPLY NOW
Cashback Rates 1.5% – 3%

2%

5%

1% – 5%

0.25% 0.5%

Other benefits Fuel Waiver Surcharge Fuel Waiver Surcharge Fuel Waiver Surcharge Fuel Waiver Surcharge Fuel Waiver Surcharge
Annual Fee ₹2499

₹500

₹249

₹1000

Nil

Annual Fee Offers Annual Fee Reversal on meeting ₹2,50,000 spends Nil Nil Annual Fee Reversal on meeting ₹1,20,000 spends Nil
Minimum Income ₹ 12 Lakhs per annum or more

₹3.6 Lakhs for Salaried and >= ₹4.8 Lakhs for Self-employed

₹3.6 Lakhs for Salaried and >= ₹4.8 Lakhs for Self-employed

Not Specified Nil

Bank of Baroda Varunah Credit Card : Summary Table

Eligibility This card is exclusively for Indian Navy Personnel
Lifetime free cardThere is no annual fee charged on the card, the card is lifetime free.
1.25% benefit on department store purchases and grocery purchases You earn 5 reward points worth ₹1.25, on every ₹100 you spend in these categories. 1 reward point = ₹0.25, and can be redeemed for cashback.

This benefit is valid only on combined total purchases upto ₹15,000 per month , across these categories. Since you can earn a maximum number of 750 special reward points at this accelerated rate, per monthly card billing cycle.
0.25% basic benefit on all other card spendsYou earn 1 reward point worth ₹0.25 or 25 paise, on every ₹100 you spend on all other purchases. 1 reward point = ₹0.25, and can be redeemed as cashback.

Exceptions –
1. Fuel : You earn no reward points
2. Rent, education, utilities, government, insurance, charity, and supermarket spends : You earn 0.5 reward point worth 12 paise, on every ₹100 you spend. For full list and details please click here – list of special MCCs
Fuel surcharge waiver, upto ₹100 per monthYou get 1% fuel surcharge waiver at all fuel stations across India –
Only on fuel transactions between ₹400 and ₹5000, and
Only on upto ₹10,000 fuel spend per month, since the maximum waiver is capped at ₹100 per monthly card statement cycle
Free in-built insurance cover – accidental deathYou get a free Accidental Death Cover ((Air & Non-Air (includes Sea)) of ₹20 lakhs, for financial protection of your family.

Pros and Cons of Bank of Baroda Varunah Credit Card

Pros
  • Lifetime free card
  • Exclusive card for Indian Navy Personnel
  • Simple reward redemption process, reward points can be converted to cashback
Cons
  • Reward rates are low

Full Review of the Bank of Baroda Varunah Credit Card

Features & Benefits of Bank of Baroda Varunah Credit Card

Eligibility

This card is exclusively for Indian Navy Personnel

Lifetime free card

There is no annual fee charged on the card, the card is lifetime free.

1.25% benefit on department store purchases and grocery purchases

You earn 5 reward points worth ₹1.25, on every ₹100 you spend in these categories. 1 reward point = ₹0.25, and can be redeemed for cashback.

This benefit is valid only on combined total purchases upto ₹15,000 per month , across these categories. Since you can earn a maximum number of 750 special reward points at this accelerated rate, per monthly card statement cycle.

On monthly purchases beyond ₹15,000 in these categories, you shall get regular earn rate of 1 reward point on every ₹100 card spend.

0.25% benefits on all other spends

You earn 1 reward points worth ₹0.25 or 25 paise, on every ₹100 you spend on all other purchases. 1 reward point = ₹0.25, and can be redeemed for cashback.

Exceptions –
1. Fuel : You earn no reward points
2. Rent, education, utilities, government, insurance, charity, and supermarket spends : You earn 0.5 reward point worth 12 paise, on every ₹100 you spend. For full list and details please click here – list of special MCCs

1% fuel surcharge waiver

You get 1% fuel surcharge waiver at all fuel stations across India –
Only on fuel transactions between ₹400 and ₹5000, and
Only on upto ₹10,000 fuel spend per month, since the maximum waiver is capped at ₹100 per monthly card statement cycle
– You need to meet both the above conditions to get fuel surcharge waiver. 

On monthly fuel purchases beyond ₹10,000, your waiver% will fall below 1% since the maximum waiver amount is fixed at ₹100 per monthly card statement cycle. For example, on ₹20,000 monthly fuel purchases, you will get the maximum waiver amount of ₹100, and your surcharge waiver% would be 0.50%.

GST paid on fuel purchases is not refunded. Some fuel pumps may not have a 1% surcharge on fuel purchases, it could be a little higher or lower. However you will get maximum monthly waiver amount of ₹100 only, irrespective.

3 free add-on cards

You can get upto 3 lifetime free add-on cards for your spouse, parents, siblings, or children. This enables your family members to enjoy the features and privileges of the Snapdeal BOB Credit Card.

Shared benefits : With add-on cards, you can easily manage and track the expenses of your family members. Additionally, any reward points earned on the add-on cards contribute to the primary cardholder’s rewards account.

Free in-built insurance cover – accidental death

You get a free Accidental Death Cover ((Air & Non-Air (includes Sea)) of ₹20 lakhs, for financial protection of your family.

Zero liability on lost card

You need to report loss of card immediately, to ensure zero liability on any fraudulent transactions.

Credit Card Fees and Charges

Annual fee & annual fee offers
Annual feeAnnual fee offers
1st year annual fee₹0There is no annual fee charged on the card, the card is lifetime free. There are no welcome offers.
Annual fees from 2nd year onwards₹0
Late payment fee

Late payment fees depends on the total payment due

Total payment amount dueLate fee
Less than ₹100Nil
₹100 to ₹500₹100
₹501 to ₹1,000₹400
₹1,001 to ₹10,000₹750
₹10,000 to ₹25,000₹950
₹25,000 to ₹50,000₹1100
Above ₹50,000₹1300

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all fees & charges on this card, please click here – BoB Varunah Credit Card Fees & Charges

Eligibility Criteria

OccupationThis card is exclusively for Indian Navy Personnel
Minimum age21 years (minimum age for add-on cards is 18 years)
Maximum age65 years
Income requirementsNot specified

Necessary documents and verification

Required documents 
PAN card copy

Proof of identity (any one) : Aadhaar card / voter ID card /passport /driving licence

Address proof (any one) : Aadhaar card / voter ID card /passport / driving licence / utility bills / property or municipal tax receipt /rent agreement / house allotment letter issued by state or central government

Income proof :
– Salaried : Last 2 months salary slip, bank statement showing salary credits
– Self-employed : Latest income tax return (ITR)

Conclusion

BoB Varunah Credit Card is a good entry level for Indian Navy Personnel. The card is lifetime free, hence ideal for those who like the simplicity of a lifetime free card.

You get a higher benefit of 1.25% on grocery and department store purchases; but this benefit is restricted to total monthly spends of ₹15,000 in this promotion category. 

Apply Now

on BOB Financial website

Frequently Asked Questions

How can I apply for a BoB Varunah Credit Card?

This card is exclusively for Indian Navy Personnel. The easiest way to apply for a BoB Varunah Credit Card is by clicking here , OR you can visit BOB Financial’s official website. You can also visit a nearby branch. Please fill out the application form, provide the necessary documents, and submit them as per BOB Financial’s guidelines.

What documents are required to apply for a BoB Varunah Credit Card?

This card is exclusively for Indian Navy Personnel. As general requirements, you will need proof of identity (such as a PAN card, Aadhaar card, or passport), proof of address (such as utility bill or rental agreement), income proof (salary slips, IT returns, etc.), and passport-sized photograph. PAN card copy is mandatory.

What are the eligibility criteria for BoB Varunah Credit Card?

This card is exclusively for Indian Navy Personnel. Some of the general eligibility criteria for BoB Varunah Credit Card are – age band of 21-65 years and being a resident of India. There maybe additional criteria which are not explicitly specified, ultimately the card approval is at the sole discretion of BOB Financial.

How long does it take to get approved for a BoB Varunah Credit Card?

The approval time may vary depending on the completeness of your application and the verification process. Generally, it takes a few working days for the bank to review your application and provide a decision.

Compare Products
Action Add Product
Image
Title
Price
Stock Status
Quantity
Add To Cart
Review
IndusInd Nexxt Credit Card
IndusInd Nexxt Credit Card
0 customer review
Yes Bank BYOC Credit Card
Yes Bank BYOC Credit Card
0 customer review
Air India SBI Platinum Card
Air India SBI Platinum Card
0 customer review
Air India SBI Signature Card
Air India SBI Signature Card
0 customer review
SBI Etihad Guest Card
Etihad Guest SBI Card
0 customer review
SBI Etihad Premier Card
Etihad Guest SBI Premier Card
0 customer review
SimplySAVE UPI SBI Card
SimplySAVE UPI SBI Card
0 customer review
Paytm SBI Card
Paytm SBI Card
0 customer review
Apollo SBI Card
Apollo SBI Credit Card
0 customer review
SBI Ola Card
OLA Money SBI Credit Card
0 customer review