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 60 months with the lowest interest rates in the market.

  • The Loan on Card Facility is available only to the existing/new active Signature, Infinite, Pinnacle, Prestige and World Mastercard Credit Cardholders of DFCC Bank PLC.

  • 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 3, 6, 7, 9, 12, 18, 24, 36, 48 & 60 months subject to a handling fee and a standard setup fee.

  • Available tenors and Processing fee applicable:
  • Tenure 03 Months 06 Months 07 Months 09 Months 12 Months 18 Months 24 Months 36 Months 48 Months 60 Months
    Per Month Processing Fee 3.00% 1.79% 1.57% 1.33% 1.29% 1.13% 0.93% 0.94% 0.79% 0.71%
    Setup Fee (Rs.) 1,500.00 1,750.00 1,750.00 1,850.00 2,000.00 2,750.00 3,000.00 3,500.00 4,000.00 4,500.00

  • 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 info@dfccbank.com or handover to the nearest DFCC Bank branch.


Application form