Credit Card Balance Transfer

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Credit Card Balance Transfer

A credit card offers plenty of benefits when it comes to shopping or making any digital transactions. However, outstanding dues on your credit card can attract high interest charges with penalties. This will also leave you with a substantial debt to be paid off, even with a minimum due amount.

Credit card balance transfer facility by HDB Financial Services offers you a personal loan through which you can pay off all the outstanding amount you owe on your existing credit card & avoid any penalties. Our credit card balance transfer facility starts from Rs. 50,000 onwards with instant decisioning within 60 seconds. You can repay the outstanding loan amount more conveniently, at a lower cost with easy EMIs options and interest rates reduced by 50%.

Apply for an instant credit card balance transfer online at HDB Financial Services.


Calculate your Loan EMI instantly


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0 |
25L |
50L |
75L |
100L |
125L |
150L |
175L |
200L
%
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5 |
10 |
15 |
20 |
25 |
30 |
36
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0 |
5 |
10 |
15 |
20 |
25 |
30

Loan EMI

₹24,959

Total Interest Payable

₹34,90,279

Total Payment
(Principal + Interest)

₹59,90,279


Availing credit card balance transfer facility from HDB can have a lot of benefits for you:

Apply for an instant credit card balance transfer online or by visiting your nearest HDB Financial Services branch and avail the best offer based on your financial profile.

  • Credit Card Balance Transfer with Loan Starting from Rs. 50,000 Onwards

    Based on your eligibility you can get personal loan easily for your existing credit card balance transfer from Rs. 50,000 onwards to pay off your credit card debt. At HDB Financial Services, we try to match your financial requirements.

  • Instant Loan Decisioning

    When applying for a credit card balance transfer facility, you can get an instant loan decision within 60 Seconds.

  • Attractive Interest Rates

    Get the advantage of reduced interest rates by 50% with the credit card balance transfer facility from HDB Financial Services.

  • Flexible Repayment Tenure

    HDB Financial Services offers flexible repayment tenure when availing a credit card balance transfer facility. You can avail easy EMIs options for 6 and 12 months without any worry of financial burden.

  • Hassle - Free Documentation Process

    Experience a minimal and quick documentation with our quick credit card balance transfer application process. When you apply for a credit card balance transfer online, the entire process is paperless.

  • Quick Processing and Speedy Disbursal

    Based on your documentation & eligibility, the loan amount gets approved instantly & quickly disbursed in favour of the card issuer. This ensures you can instantly transfer the outstanding dues of your existing card with this credit card balance transfer facility.

Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings:

Eligibility Criteria

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 60 years (Or retirement, whichever is earlier) (65 years for Government Employees. Conditions Apply)
  • Minimum employment: Minimum 1 year in employment with minimum 1-month salary credit in the current organisation
  • Minimum Net Monthly Income: ₹ 20,000 for Metro Locations (Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai & Pune) & ₹ 15,000 for All Other Locations.

Self-employed (Professionals) include self-employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

Eligibility Criteria

  • Minimum age of Applicant: 22 years
  • Maximum age of Applicant at loan maturity: 65 years
  • Years in business: Minimum 3 years
  • Minimum Annual Income:  ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.

Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

Eligibility Criteria

  • Minimum age of Applicant: 22 years
  • Maximum age of Applicant at loan maturity: 65 years
  • Years in business: Minimum 4 years with minimum 2 years in the same Business
  • Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.

Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings:

Documents required:

  • Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card/ Photo Ration Card
  • Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  • Date of Birth Proof: Driving License / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest 3 Months bank statements / 6 months’ bank passbook
  • Latest 3 Months Salary Slip along with latest Form 16 / ITR / Appointment Letter.

Self-employed (Professionals) include self-employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

Documents required:

  • Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card/ Photo Ration Card
  • Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  • Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest 3 months bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA

Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

Documents required:

  • Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card /Photo Ration Card
  • Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  • Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest 3 Months bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Proof of continuation:  Trade license /Establishment /Sales Tax certificate
  • Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Cert. Copy of MOA, AOA & Board resolution.)

Take the next step & manage your immediate financial needs now.

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How to apply for a Credit Card Balance Transfer from HDB Financial Services

The loan application procedure for a credit card balance transfer is very simple. You can apply from any of the following options:

    1. Visit our 'Apply Now' section

    1. Visit our 'Apply Now' section

  • Step 1: Fill in the personal details along with the mobile number OTP verification
  • Step 2: Fill in the professional details
  • Step 3: Your credit card balance transfer application is accepted and our representative will get in touch with you soon
  • Step 4: Upload the required documents

    • 2. Download our 'HDB On The Go' android app

  • Step 1: Verify the mobile number with OTP
  • Step 2: Click on 'Apply for a New Loan'
  • Step 3: Enter the required loan and applicant details
  • Step 4: Enter the required address information
  • Step 5: Complete the image/signature

    • 3. Visit your nearest HDB Financial Services Branch and get in touch with our representative at the branch.

    4. Call on our customer support number +914442984541 and apply for instant credit card balance transfer facility.

    5. Visit your nearest HDBFS partner store to find out more.

*HDB Financial Services Ltd may use the services of various agents on its behalf for the purpose of sales and marketing for HDB's products and services

*Terms and conditions apply, based on applicant's eligibility and financial profile

Credit Card Balance Transfer FAQs

A credit card balance transfer is the facility for availing a loan to pay off all the outstanding debts on your existing credit card to avoid high rate of interest & penalties. It can also be used to reduce the EMIs for repayment of debts. The credit card balance transfer facility by HDB Financial Services starts from Rs. 50,000 onwards with instant decisioning within 60 seconds. You can repay the outstanding loan amount more conveniently with easy EMIs options and interest rates reduced by 50%.
You can apply for a credit card balance transfer to fulfil the following requirements -
  • 1. Reduce or pay off multiple credit card debts or overdue balance
  • 2. Reduce interest rate charges on single or multiple credit cards
  • 3. Reduce EMI on single or multiple credit cards
Abiding by the motto of #Reimagining Opportunities, we value your financial needs & stand by you to offer an instant credit card balance transfer with the following advantages:
  • i. Loan amount from Rs. 50,000 onwards for credit card balance transfer
  • ii. Instant loan decision within 60 seconds
  • iii. Low interest rates for repayment
  • iv. Flexible repayment tenure
  • v. Hassle - free documentation process
  • vi. Quick processing & speedy disbursal
  • vii. Flexible EMI options of 6 and 12 months
  • viii. Pre-approved loans & existing offers on our 'HDB On the Go' Android app
  • ix. Instant customer service support
You can apply online for an instant credit card balance transfer, anywhere and anytime without having to travel to any of our branch. Once your application is accepted, our representation will reach out to you quickly.
You can track the status of your credit card balance transfer application by either of following ways -
  • 1. Click on 'My Account' on the website. Enter the DOB or PAN number and verify your mobile number with an OTP
  • 2. Using 'HDB - On the Go' android mobile app
  • 3. Use our chatbot 'Ask Priya' on our website
  • 4. Write to us at customer.support@hdbfs.com
  • 5. Visit the nearest HDB Financial Services branch. You can locate here
HDB Financial Services may sanction your credit card balance transfer application based on your creditworthiness, your eligibility and other internal terms and qualifications.
You can pay the EMI for credit card balance transfer facility through ACH (Automated Clearing House). If you wish to avail the ACH facility, please contact your nearest branch or write to us at: customer.support@hdbfs.com or raise a service request from our mobile app "HDB on the GO".
Yes, foreclosure and part-prepayment charges are applicable. You can prepay your loan after payment of 06 EMIs. Please visit any of our branches with a Prepayment request form as per format with supporting documents. To read more on the interest rates and charges, click here.
Yes you can avail a credit card balance transfer facility from your closest HDB Financial Service branch. Click here to locate your closest branch.

Click here to apply for the best credit card balance transfer now!