Indian Navy VARUNAH Premium
Rewards & Benefits
Welcome Benefits
Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Milestone Benefits
Cashback Rate
1 reward point =0.25 paise.
5X i.e. 15 reward points on travel, online, dining, and international spending. ( Effective cashback rate: 3.75%). (Maximum 2500 reward points per month).
3 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. General cashback rate 0.75%.
Movie Benefits
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
Rs. 2499.
Annual Fee
Annual membership fee: Rs. 2499.
Cash Advance Fee
Cash advance fee: Transaction fee of 2.5% or ₹500 whichever is higher
Interest rate
3.49% per month, 41.88% per annum.
Late Payment Fee
Late payment charges: INR100 to INR1300.
Foreign Currency Transactions Fee
Foreign currency markup fee: 2%
Other Fees
Fuel surcharge: 1% subject to a minimum transaction of INR 400 and a maximum transaction of INR 5000. Maximum 250 per statement cycle.
Cons
No milestone benefits.
No International airport lounge access.
Welcome benefit: Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Reward system: 1 reward point =0.25 paise. 5X i.e. 15 reward points on travel, online, dining, and international spending. ( Effective cashback rate: 3.75%). (Maximum 2500 reward points per month). 3 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. (General cashback rate 0.75%).
Unlimited complimentary access to domestic airport lounges.
5X reward points on specific categories.
Dining benefits.
Rewards & Benifits
Welcome Benefits
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Rewards System
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
International Forex Markup
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Welcome Benefits and Reward System
Special Features
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Eligibility Criteria
The applicant must be designated Sailors & Officers of the Indian Navy & Indian Navy Veterans.
Age: 18 to 70 years (Primary Cardholder). Above 18 years (Add-on Cardholder).
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Application:
Applying online is quick and convenient. Follow these steps:Visit the BOBCARD website.
Click on the “Apply Now” button.
Fill out the online application form with the necessary details.
E-sign using your Aadhaar card.
Verify your identity via Video KYC (Know Your Customer).
Offline Application:
If you prefer an offline approach, visit your nearest Bank of Baroda (BoB) branch. Here’s what you’ll need:
Required Documents:Photocopy of your PAN card.
Proof of being an Indian Navy personnel.
Address proof (such as Aadhaar Card or latest utility bills).
Income proof (salary slip or bank statement).
Passport-sized photograph.
Contact Details
Toll Free Nos. 1800 2665 100 & 1800 2667 100
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome benefit: Users will get a complimentary 6-month FITPASS Pro membership worth Rs 15000. Users will get 500 reward points on spending ₹5,000 within 60 days of card issuance. 12 months of Amazon Prime membership on spending a minimum of 1 Lakh within 90 days of issuance of the card.
Reward system: 1 reward point =0.25 paise. 5X i.e. 15 reward points on travel, online, dining, and international spending. ( Effective cashback rate: 3.75%). (Maximum 2500 reward points per month). 3 reward points for every ₹100 spent on any other category. Reward points can be redeemed as cashback for ₹0.25 per reward point. (General cashback rate 0.75%).
Unlimited complimentary access to domestic airport lounges.
5X reward points on specific categories.
Dining benefits.
No milestone benefits.
No International airport lounge access.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Application Procedure
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Fuel Surcharge
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Billing Cycle
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.