Indian Navy VARUNAH BOBCARD
The lifetime-free base VARUNAH variant for Indian Navy personnel and veterans: 1 reward point per ₹100 on most spends (5 per ₹100 at department stores), points worth ₹0.25 as cashback and a 3.5% forex markup; no lounge access is listed. Every figure below is copied from BOBCARD’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Only for designated sailors and officers of the Indian Navy and Indian Navy veterans.
Fees and charges
| Joining fee | Nil Terms |
|---|---|
| Annual fee | Nil Terms |
| Annual fee waiver | Not needed |
| GST on fees | 18% |
| Foreign-currency markup | 3.5% of the transaction, plus GST MITC |
| The MITC names Varunah Premium (2%) and Varunah Plus (2.5%) in its forex row; the base VARUNAH is not named and so falls under 'all other credit cards' at 3.5%. | |
Rewards
Reward points, ₹0.25 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Eligible spends (1 point per ₹100) | 1 point per ₹100 Terms | no cap on record |
The 5X rate (5 points per ₹100) applies only at department stores (MCC 5311), which is not a CardWise spend category, so it is shown as a highlight and ordinary spend is priced at the core 1 point. UPI payments earn only core points. Online grocery and food delivery are left unrated because supermarket (5411) and fast-food (5814) merchant codes earn nothing. Points earn only on transactions of ₹100 or more, are valid for two years, and redeem as cashback from 1,000 points.
No rewards on
Benefits
Also on this card
Quoted from BOBCARD; not counted in the net value.
Eligibility
- Age 18 or above Product page
- Age 70 or below Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by BOBCARD in the documents read
- the card network
- a RuPay variant for UPI
- an income criterion
- how an applicant is assigned the Premium, Plus or base VARUNAH variant
The quotes behind the figures
35 figures, each copied from an official BOBCARD document.
Show every quote and source
“Sail through waves of privileges & rewards with LIFETIME FREE VARUNAH i.e. No Joining Fee. No Annual Fees. APPLY NOW”
“Goods & Services Tax 18%”
“All other credit cards: 3.5% of transaction amount”
“All your accumulated reward points can be redeemed for cashback @ 1 reward point = 0.25”
“Core Reward Points: 1 Reward Points per 100 spent on any other category.”
“Varunah 1 RP per ₹100”
“Business Empower, Corporate, ConQR, CMA One, ICAI, ICSI Diamond, RRB & Nainital bank, Varunah, Vikram and UJJIVAN-SFB Platinum 1 RP per 100”
“Fuel transactions don't accrue/ earn any reward points on any BOBCARD except HPCL Energie BOBCARD”
“Spends on special categories (MCC's) listed in annexure 1 won't qualify for accelerated or core reward points feature.”
“Table 2: Select list of MCC (Merchant Category Code) where Cardholder will not earn any Reward points/ Loyalty benefits.”
“Transportation (Passenger Transportation, Passenger Railways, Bus services, Toll and road and Bridge Fees and Transportation Services - Not Elsewhere Classified) Rent Cleaning and Maintenance, laundry, Personal services (Beauty parlour, barber, Legal and CIVIC services etc) Government Education Hospital Wallet”
“Supermarket and convenience store, Variety Stores, Retail Store Insurance Charity Fast food restaurants”
“Sail through waves of complimentary delights, privileges & rewards with VARUNAH Premium Apply Now”
“Card Variant: Indian Navy VARUNAH BOBCARD”
“The Indian Navy VARUNAH BOBCARD offers three card variants: VARUNAH Premium, VARUNAH Plus, and VARUNAH.”
“Varunah NIL NIL”
“Varunah Plus: 2.5% of transaction amount”
“UPI transactions are eligible only for core Reward Points.”
“UPI transactions do not qualify for bonus rewards.”
“Varunah (base variant): 1% of fuel transaction amount surcharge waived for fuel transactions between ₹400 to ₹5000 (subject to maximum of ₹100 per statement)”
“Credit Card on UPI transactions are not eligible for Accelerated Reward Points /benefit.”
“Rewards Redemption Fees No Fee”
“Minimum reward points required for redemption against Card statement is 1000 Reward Points.”
“Reward Points will be accrued/earned for transaction where transaction amount is Rs.100 or higher i.e., transactions below Rs. 100 will not earn any Reward Points.”
“Reward Points are valid only for 2 years from the date of accumulation”
“All other cards (except Uni, Scapia, Etihad, Ujjivan Small finance bank): 500 Reward points on spending Rs. 5000 in first 60 days of card issuance.”
“*Please note that 5X Rewards are capped at 750 Reward Points on the mentioned categories per statement cycle.”
“Varunah Departmental store: 5311 750 Reward points”
“Fuel Surcharge Waiver: 1% fuel surcharge waiver** at all fuel stations across India on transactions between 400 and 5,000 (Max. 100 per statement cycle).”
“Earn 500 Reward Points* on spends of 5000 or more within 60 days of card issuance”
“Earn 5X Rewards* i.e. 5 Reward Points per 100 on Departmental Store Spends”
“In-built Insurance Cover: Get free Personal Accidental Death Cover to ensure financial protection of your family (Air & Non-Air (includes Sea): 20 Lakhs).”
“Varunah 4 points for every Rs.100 10 points for every Rs.100”
“Age: 18 to 70 years (Primary Cardholder).”
“Designated Sailors & Officers of the Indian Navy & Indian Navy Veterans”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with BOBCARD or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is BOBCARD’s own file from its website, unaltered, fetched 2026-10-16. Methodology