All cards / Bank of Baroda
Bank of Baroda Varunah Credit Card
A lifetime-free RuPay card Bank of Baroda issues exclusively to serving Indian Navy personnel, part of the three-tier Varunah family (base, Plus, Premium). Rewards are modest but the zero fee and easy issuance through Navy payroll accounts make it a reasonable starter card for eligible personnel.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.25%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to salaried applicants with a credit score of roughly 650+ whose spend is concentrated in groceries. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.25% base rate
Benefits by category
- 🛒 Groceries
1.25% reward rate (capped ₹187.5/monthly)
- 🛡️ Insurance
Complimentary personal accidental death cover of ₹20 lakh (air and non-air, including sea)
- ⛽ Fuel
1% fuel surcharge waiver on ₹400–₹5,000 transactions, capped at ₹100 per statement cycle
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 650
- Employment: salaried
- Age: 21–60
Fees & charges
- Foreign currency markup: 3.5%
- Interest rate: 40.8% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, capped at ₹100 per statement cycle
- Cash advance charges: 2.5% of the amount withdrawn, or ₹500, whichever is higher
Benefits
- 500 reward points on ₹5,000 spend within 60 days of card issuance
- 1% fuel surcharge waiver on ₹400–₹5,000 transactions, capped at ₹100 per statement cycle
- Complimentary personal accidental death cover of ₹20 lakh (air and non-air, including sea)
Pros
- + Lifetime free, zero annual fee
- + 5X points on departmental-store spend
- + Fuel surcharge waiver
- + ₹20 lakh personal accident cover
Cons
- − Restricted to Indian Navy personnel only
- − Low 0.25% base rate, and the 5X pool is capped at 750 points a cycle
- − No lounge access or FITPASS benefit on the base variant