BOBCARD ICAI Exclusive
An institutional credit card developed exclusively for active members of the Institute of Chartered Accountants of India (ICAI). Issued unconditionally Lifetime Free, it provides 5X rewards on dining, online, and utility spends, 4,000 quarterly milestone bonus points, 12 domestic airport lounge visits per year, a 2.00% forex markup, and ₹5 Lakhs Professional Indemnity Insurance.
Why We Recommend The BOBCARD ICAI Exclusive
An exceptional Lifetime Free professional card offering 12 domestic lounge visits, ₹5L professional indemnity cover, and 2% forex for CAs.
Chartered Accountants wanting a Lifetime Free card with 12 lounge visits, low 2% forex, and quarterly milestone bonuses.
Welcome Gift & Activation Benefits
* Welcome benefits are typically unlocked upon payment of the joining fee and initial card activation within 30 to 90 days.
Grofi Expert Rating
Ratings are algorithmically weighted using real-world net reward yields after fee deductions, partner redemption flexibility, lounge conditions, and pricing transparency.
Uncover Your True Net Yield with the BOBCARD ICAI Exclusive
Financially calibrated for BOBCARD Limited (Bank of Baroda) reward policies. Simulate your real spending habits, unlock milestone fee waivers, and forecast pure rupee savings.
* Official Point Value: ₹0.25
Calculated on annual spending of ₹6,00,000.
Instant Bank Approval • Zero CIBIL Impact Check
Complete Fee Schedule for the BOBCARD ICAI Exclusive
Zero hidden charges. Transparent pricing verified against official BOBCARD Limited (Bank of Baroda) regulatory schedules.
One-time setup fee billed on your first monthly card statement
Billed annually starting from the 2nd year of card membership
Annual renewal fee is reversed upon crossing this spend milestone in the preceding card year
Charges applicable on foreign currency transactions and cross-border payments
Standard interest rate applicable on revolving card balances
Fee applicable on ATM cash withdrawals via credit card
Grace window from the first day of billing cycle till due date
Airport Lounge Privileges on the BOBCARD ICAI Exclusive
Experience complimentary gourmet dining, quiet workspaces, and premium comforts before every flight.
12 complimentary visits per calendar year (max 3 per quarter)
Valid across 40+ premier domestic airport lounges including Mumbai (Adani), Delhi (Encalm), Bengaluru (080 Lounge), Hyderabad, Chennai, and Kolkata terminals.
Not available
Complimentary international airport lounge access is reserved for premium travel credit cards.
What Makes BOBCARD ICAI Exclusive Stand Out?
Top card benefits, milestone perks, partner privileges, and consumer protections engineered into this tier.
12 complimentary domestic airport lounge visits per year (3 per quarter).
4,000 bonus reward points (worth ₹1,000) every quarter on spending ₹1 Lakh or credit limit.
Complimentary Professional Indemnity Insurance cover up to ₹5 Lakhs plus ₹15L Air / ₹5L Non-Air accident cover.
Honest Pros & Cons of the BOBCARD ICAI Exclusive
An objective evaluation of key strengths and structural limitations before submitting your application.
What We Love (Pros)
- Unconditionally Lifetime Free with 12 annual domestic lounge visits.
- Quarterly milestone of 4,000 RPs adds an extra 1% return on ₹1,00,000 quarterly spend.
- Subsidized 2.00% forex markup and complimentary 12-month FITPASS Pro membership.
Things to Consider (Cons)
- Strictly restricted to verified members of the Institute of Chartered Accountants of India (ICAI).
- Lounge access requires ₹40,000 spend in the preceding calendar quarter.
- 5X category rewards are capped at 1,000 RPs per statement cycle.
Who Can Apply for the BOBCARD ICAI Exclusive?
Review minimum income thresholds, credit score benchmarks, and essential documentation before starting.
Net in-hand monthly or annual earnings
Primary cardholder (18+ for add-on cards)
With continuous regular employment history
With valid Indian residential address proof
730+ Score Recommended
Applicants with a score above 730 qualify for expedited approval, optimal credit limits, and zero security deposit requirements from BOBCARD Limited (Bank of Baroda).
Documents Required
100% digital paperless verification via Video KYC. Keep these documents ready:
Identity & Address Verification
Aadhaar Card (linked with mobile number for instantaneous e-KYC), Passport, Driving License, or Voter ID.
PAN Card
Mandatory physical or verifiable e-PAN copy required by RBI guidelines for all formal credit evaluations.
Proof of Income
Salaried: Last 3 months' salary slips or net banking account aggregator consent. Self-employed: Latest ITR computation.
Everything You Need to Know About BOBCARD ICAI Exclusive
Clear answers on fee waivers, reward points redemption, lounge rules, and approval timelines.
The annual renewal fee for BOBCARD ICAI Exclusive is Nil (Lifetime Free for ICAI Members).
You can have this fee completely waived by meeting the annual spend milestone: Lifetime Free unconditionally for verified ICAI members. Spends across retail, online shopping, travel, dining, and utility payments count towards this milestone.
The BOBCARD ICAI Exclusive features: 5X Reward Points (5 RPs per ₹100 = 1.25% return) on dining, online, and utility bills + 4,000 quarterly bonus RPs.
Base reward: 1 Reward Point per ₹100 spent on general retail (0.25% return).
Accelerated reward: 5 Reward Points per ₹100 on dining, utility bills, and online spends (capped at 1,000 RPs/statement cycle); plus 4,000 bonus RPs every quarter on spending ₹1,00,000 or credit limit (whichever is higher).
Reward points can be redeemed directly via the BOBCARD Limited (Bank of Baroda) netbanking portal or mobile app for statement cash credit, flight tickets, hotel bookings, or brand shopping vouchers.
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BOBCARD Corporate
An institutional corporate card created for companies and partnerships to govern employee travel, lodging, and business expenses. Issued with zero joining fee and a ₹1,000 annual fee (waived on ₹1,00,000 annual spend), it features fourth-line company name embossing, categorized employee spend statements, and 8 domestic airport lounge visits annually.
Ready to Apply for the BOBCARD ICAI Exclusive?
Check your pre-approved credit limit and instant approval eligibility across BOBCARD Limited (Bank of Baroda) with 100% paperless verification and zero score impact.