- You can transfer your other Credit Card Balances to your DFCC Credit Card and pay in monthly installments with a low handling fee.
- The minimum balance transfer amount is Rs.20,000/- and the maximum balance transfer amount would be upto 75% of the approved limit of the DFCC Credit Card.
- You can pay back in equal monthly installments upto 3, 6, 12, 18, 24, 36, 48, 60 months subject to a handling fee and standard setup fee.
- Available tenors and processing fee is as follows:
- The total amount of the plan will be blocked from the available card balance.
- The monthly installments will be debited to the card account and the amount represents a split of capital and handling fee.
- The CBT monthly installment will be billed to the Cardholder on the next billing date.
- The CBT amount will be transferred to the respective Bank in the form of a CEFTS transfer by debiting the card account.
- If the Cardholder defaults the minimum payment on the due date, the Bank reserves the right to foreclose the CBT outstanding and debit the entire outstanding amount.
- In case the Cardholder wishes to settle the CBT before the expiry of the tenor, a written request should be submitted by the Cardholder an early settlement fee of 4% of the remaining CBT outstanding amount will be charged.
- To apply for a CBT, simply fill the application form and email to care@dfccbank.com or handover to the nearest DFCC Bank branch.
| Tenure | 03 Months | 06 Months | 12 Months | 18 Months | 24 Months | 36 Months | 48 Months | 60 Months |
|---|---|---|---|---|---|---|---|---|
| Per Month Processing Fee | 1.00% | 0.85% | 0.67% | 0.56% | 0.63% | 0.56% | 0.63% | 0.60% |
| Setup Fee (Rs.) | 1,500.00 | 1,500.00 | 2,500.00 | 3,500.00 | 4,000.00 | 4,500.00 | 5,000.00 | 5,000.00 |
*The rates above will be effective from 18.09.2024
Click here to download the Balance Transfer Application form.
