BOBCARD Prime Credit Card

The BOBCARD Prime Credit Card is Bank of Baroda's flagship secured credit card, issued against a Bank of Baroda Fixed Deposit of ₹15,000 or more. It is structured as a permanent Lifetime Free (LTF) product with ₹0 joining fee and ₹0 annual fee, eliminating holding anxiety for individuals who are beginning or rebuilding their credit journey. Because the card is 100% backed by an underlying FD, approval is guaranteed regardless of prior CIBIL score, employment status, or income proof. The cardholder receives a credit limit typically equal to 85% to 90% of the fixed deposit amount, while the fixed deposit continues to earn compound interest at prevailing bank deposit rates. Unlike most basic secured credit cards that offer minimal rewards, BOBCARD Prime provides 4 reward points per ₹100 spent on dining, travel, and international transactions (1.0% effective return since 4 points = ₹1) and 2 reward points per ₹100 on all other retail spending (0.50% return). Cardholders also enjoy a 1% fuel surcharge waiver up to ₹250 per month across petrol stations in India. By reporting regular, disciplined repayments monthly to all four major Indian credit bureaus (CIBIL, Experian, Equifax, CRIF High Mark), the BOBCARD Prime card enables disciplined cardholders to elevate a sub-650 score to prime 750+ territory within 6 to 9 months without paying any maintenance charges.

Mandatory Verification Documents