Loan on Card

Loan on Card

Take a quick cash advance of up to 75% of your credit limit and pay it in installments of up to 36 months with the lowest interest rates in the market.

  • You can get an instant cash loan upto 75% of the Credit Card limit subject to the available balance on the card.

  • The funds will be transferred to a nominated savings/ current account of under your name, within 1 working day.

  • Minimum LOC value is Rs.10,000/- and the maximum amount is 75% of the credit limit.

  • You can pay back in equal monthly installments upto 6,12, 24, 36 months subject to a handling fee and a standard setup fee.

  • Available tenors and Processing fee applicable:
  • Tenure 6 Months 12 Months 24 Months 36 Months
    Per Month Processing Fee 0.96% 0.88% 0.73% 0.75%

  • Standard setup fee of Rs.1,000/- will be charged to the Credit Card Account when issuing the LOC Facility.

  • The total amount of the plan will be blocked from the available card balance.

  • The monthly installment will be debited to the card account and the amount represents split of capital and handling fee.

  • If the Cardholder defaults the minimum payment on the due date, the Bank reserves the right to foreclose the LOC outstanding and debit the entire outstanding amount.

  • In case if you wish to settle the LOC prior to the expiry of the tenor, an early settlement fee of 4% will be charged on the outstanding amount of the LOC.

  • To apply for a loan, simply fill the application and email to or handover to the nearest DFCC Bank branch.

Application form