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Made with ❤️ in India
Last updated: 30 May 2026
HomeCredit CardsBank of BarodaIndian Navy VARUNAH Premium BOBCARD
Bank of Baroda

Indian Navy VARUNAH Premium BOBCARD

Reward Points Signature
4.5/5.0CardwiseHQ Review
1st Year Fee: ₹2499(Joining fee waived on ₹25,000 spends in first 180 days. Annual fee waived on ₹1,50,000 annual spends.)
Primary Reward
15 Reward Points per ₹100 (5X) on Travel, Online, Dining & International Spends
1st Year Fee
₹2499
Fee Waiver
Joining fee waived on ₹25,000 spends in first 180 days. Annual fee waived on ₹1,50,000 annual spends.
4.5/5
Excellent
Fees & ChargesRewards & CashbackFeatures & BenefitsEligibilityPros & ConsExpert Verdict

Sail through waves of complimentary delights, privileges & rewards with VARUNAH Premium.

Fees & Charges

Indian Navy VARUNAH Premium BOBCARD · Detailed fees & charges

ParticularsDetails
Joining / 1st Year Fee₹ 2,499
Annual / Renewal Fee₹ 2,499
Fee Waiver ConditionJoining fee waived on ₹25,000 spends in first 180 days. Annual fee waived on ₹1,50,000 annual spends.
Foreign Transaction Fee2% of transaction amount

Rewards & Cashback

Indian Navy VARUNAH Premium BOBCARD · Detailed rewards & cashback

ParticularsDetails
Reward TypeReward Points
Primary Reward Rate15 Reward Points per ₹100 (5X) on Travel, Online, Dining & International Spends
Secondary Reward Rate3 Reward Points per ₹100 on other categories
Max Cashback / Rewards (Monthly)2,500 Reward Points (on 5X categories) per statement cycle
Welcome / Joining Bonus500 bonus reward points on spends of ₹5,000 or more within 60 days. Complimentary 12 Months Amazon Prime Membership. Complimentary 12 Months FITPASS PRO Membership worth ₹48000.
Milestone BenefitsSpend ₹25,000 in 180 days for joining fee reversal. Spend ₹1,50,000 annually for annual fee reversal.
Reward ExclusionsFuel, select MCCs (details to be checked on T&C page).

Features & Benefits

Indian Navy VARUNAH Premium BOBCARD · Detailed features & benefits

ParticularsDetails
Airport Lounge Access✓ Available
Lounge Access DetailsUnlimited Complimentary Access at Domestic Airport lounges. (Effective Jan 1, 2025, subject to minimum spends of ₹40,000 in preceding calendar quarter).
Fuel Surcharge Waiver✓ Available
Fuel Surcharge Details1% waiver on transactions between ₹400 and ₹5,000 (Max. ₹250 per statement cycle).
Insurance Coverage₹1 Cr Air Accident Cover & ₹10 Lakh Non-Air (incl. Sea) Personal Accidental Death Cover.
EMI Conversion Available✓ Available
Contactless Payment✓ Available
Add-on Card Available✓ Available

Eligibility

Indian Navy VARUNAH Premium BOBCARD · Detailed eligibility

ParticularsDetails
Minimum Age18
Maximum Age70
Card VariantSignature
Best ForIndian Navy Personnel, Travel, Online Shopping, Dining

Pros & Cons

Advantages
  • High reward rate (5X) on key spending categories (Travel, Online, Dining, International).
  • Unlimited complimentary domestic airport lounge access.
  • Reduced foreign transaction markup of 2%.
  • Valuable welcome benefits including Amazon Prime and FITPASS PRO memberships.
  • Comprehensive personal accidental death insurance cover (Air: ₹1 Cr, Non-Air: ₹10 Lakhs).
  • Annual and joining fee waivers on achieving spending milestones.
Disadvantages
  • 5X rewards are capped at 2,500 reward points per statement cycle.
  • Lounge access becomes conditional on minimum spends from January 2025.
  • Relatively high annual fee of ₹2,499 if waiver conditions are not met.
  • Reward points are not applicable on fuel transactions and other select MCCs.

CardwiseHQ Expert Verdict

Our editorial team's comprehensive assessment

4.5/5
Excellent
Overall Editor Rating
Best For: Indian Navy Personnel, Travel, Online Shopping, Dining

Indian Navy VARUNAH Premium BOBCARD by Bank of Baroda is rated 4.5/5 by our editorial team. Sail through waves of complimentary delights, privileges & rewards with VARUNAH Premium..

About Indian Navy VARUNAH Premium BOBCARD

The Indian Navy VARUNAH Premium BOBCARD is exclusively designed for Indian Navy personnel, offering a robust suite of premium benefits and rewards. It provides an accelerated reward points structure on key spending categories like travel, online purchases, dining, and international transactions, complemented by unlimited complimentary access to domestic airport lounges. This card is a special acknowledgment of the selfless service of the nation's naval forces, packed with tailored privileges. Beyond its attractive reward system, the VARUNAH Premium card includes valuable welcome bonuses such as complimentary Amazon Prime and FITPASS PRO memberships, alongside a reduced foreign transaction markup. Practical benefits like fuel surcharge waivers, convenient EMI conversion options, and substantial personal accidental death insurance coverage further enhance its appeal. The annual fees are clearly outlined, with achievable conditions for waiver, ensuring long-term value and convenience for its dedicated cardholders.

Quick Facts

Joining Fee₹2,499
Annual Fee₹2,499
Card VariantSignature
Lounge Access✓ Yes
Fuel Waiver✓ Yes
Contactless✓ Yes