BOBCARD Micro Enterprise Credit Card
BOBCARD (Bank of Baroda) · Open to apply
A credit card for micro enterprises on the JanSamarth portal: 1 point per ₹100, a lower 1.5% a month interest rate, ₹500 annual fee waived at ₹50,000 spend and a 0.55% credit guarantee fee on the sanctioned limit.
- Annual fee
- ₹500 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- 1 point per ₹100 on other spends: 1 BOBCARD Reward Points per ₹100 (about 0.25% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel (MCCs 5172, 5541, 5542, 5983)
- No points on rent (MCC 6513)
- No points on government payments (MCCs 9211, 9222, 9311, 9399, 9402, 9405)
- No points on education (MCCs 8211, 8220, 8241, 8244, 8249, 8299)
- No points on wallet loads (MCCs 6539 to 6543)
- No points on insurance (MCCs 5960, 6300)
- No points at supermarkets, convenience and variety stores (MCCs 5261, 5331, 5411, 5499)
- No points on toll and road fees (MCC 4784)
- No points on railway bookings (MCC 4112)
- No points on fast food (MCC 5814), taken to include Swiggy and Zomato
Where the sources disagree
- Joining fee: The product page shows a ₹500 joining fee 'waived as a service gesture'; the KFS and the MITC list no joining fee for Micro Enterprise. We enter ₹0.
Terms the calculator does not value
- The MITC's welcome benefit (500 points on ₹5,000 spent in 60 days) is given to 'all other cards', but the Micro Enterprise page names no welcome benefit, so none is entered. The MITC also says SmartDeal is not applicable on Micro Enterprise, so no SmartDeal flight or hotel rule is entered.
- A credit guarantee fund (CGTMSE) fee of 0.55% of the sanctioned credit limit (KFS) is charged on this card; the fee fields cannot express a percentage of the limit.
- Food delivery apps (Swiggy, Zomato) are assumed to be fast food, MCC 5814, and so excluded from all points.
- Other MCCs that earn nothing and have no calculator category: agriculture, contractors, the transportation MCCs 4111, 4131 and 4789, personal and civic services (7211, 7230, 7276, 7349, 8111, 8641), hospitals (8011, 8062; our health category also holds pharmacies and is not excluded) and charity (8398, 8661). Transactions under ₹100 earn nothing.
Sources
- BOBCARD Micro Enterprise Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- BOBCARD Key Fact Statement (PDF created 17 Jul 2026) (Schedule of charges, the bank's own, read 6 Nov 2026)
- BOBCARD Consolidated MITC, version GENERIC MITC 2.0 JULY2026 (PDF created 7 Oct 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- BOBCARD Product Features, Important Terms and Conditions (2 Nov 2026 edition) (Reward terms, the bank's own, read 6 Nov 2026)
- BOBCARD notice, Revision in Product Features and Charges w.e.f. 1st April 2026 (PDF created 2 Mar 2026) (Bank notice, the bank's own, read 6 Nov 2026)