What is DFCC Balance Transfer?
It allows DFCC Credit Cardholders to transfer outstanding balances from other banks’ credit cards to a DFCC Credit Card, paying it back in instalments with a low handling fee.
How to apply for Balance Transfer?
Download the application form, fill in the required details and email it to care@dfccbank.com or submit it to any DFCC branch.
What are the available time limits and processing fees?
Time | Monthly processing fee | Installation fee (LKR) |
|---|
03 Months | 1.00% | 1,500 |
06 Months | 0.85% | 1,500 |
12 Months | 0.67% | 2,500 |
18 Months | 0.56% | 3,500 |
24 Months | 0.63% | 4,000 |
36 Moths | 0.56% | 4,500 |
48 Months | 0.63% | 5,000 |
60 Months | 0.60% | 5,000 |
Note: These rates are effective from 25th August 2025 to 31st October 2025 and are subject to change without notice – see our Rates & Tariffs for the latest information.
How is the Balance Transfer amount processed?
The Balance Transfer amount is sent to the associated bank via CEFTS and the loan is paid from the DFCC Credit Card Account.
Can Balance Transfers be prepaid?
Yes, prepayment is allowed. However, a 4% prepayment fee will be charged on the remaining balance.
Will my available credit limit be affected?
Yes, the Balance Transfer amount (including fees) will be blocked from your available credit limit.
What happens if a payment is missed?
In the event of a failure to make the minimum payment, DFCC Bank reserves the right to charge the entire Balance Transfer amount and close the account.
