The paper presents a description of the socio-political and economic condition of South-Eastern Bengal in a relatively short period at the cusp of the 11th and 12th centuries, when the dynasty of Varmans ruled there. It is based on the data contained in their inscriptions. Altogether the period of the dynasty's reign did not exceed ¾ century. During this time four rulers succeeded the throne, namely Jatavarman, his both sons – Harivarman and Samalavarman, and also Bhojavarman, the son of the latter. There are seven historical sources ascribed to the dynasty, among them two manuscripts and five inscriptions. These five inscriptions contain three land-grant charters, and two inscriptions on large objects. Three land-grant charters are compiled on behalf of Harivarman, Samalavarman and Bhojavarman, while two inscriptions on large objects are dated back to the reigns of Harivarman and Bhojavarman. The first two of the three charters are poorly preserved; therefore, they cannot be deciphered in full, only the charter of Bhojavarman can be read moderately well. Of the two inscriptions on large objects, one is a panegyric of Bhatta Bhavadeva, who was the minister of peace and war of Harivarman, and the other was compiled on behalf of a minor feudal lord during the reign of Bhojavarman The dynasty's charters show that Varmans were a ‘regional’ dynasty whose interests did not extend beyond Bengal. Their status allowed them to give land-grants on their own; at the same time, they may be considered as minor independent rulers who constitute the orbit of the regional hegemon – the Pāla dynasty. In turn, the inscriptions on large objects ascribed to the dynasty of Varmans speak for the existence of a system of the hierarchical administration in their principality, as well as the existence of developed commodity-money relations and intensive social and economic ties of the territories controlled by the Varman with the rest of Bengal as well as with other regions of not only India, but probably with more distant countries. It should also be emphasized that their inscriptions witness the earliest evidence of the presence of Muslims in Bengal.