Transfer 'n' Pay FAQs
Balance Transfer on EMI is an exclusive pre-approved facility where you can transfer your outstanding balance of another credit card to your RBL Bank Credit Card by simply providing the Card Number, Bank Name and billed outstanding amount. We will pay off the outstanding amount on your behalf and you can easily repay it in low-cost EMIs.
- Zero-Interest EMI for 3 Months
- Save yourself from high interest charges
- No risk of default on outstanding amount
- No negative impact on Credit Rating
Along with these, other benefits of Balance Transfer on EMI are:
- More funds in your pocket
- No Separate EMI Statement
- Pre-Approved
- Convenient, Hassle-free, Quick Processing
- Transfer outstanding of multiple credit cards to RBL Credit Card as per your limit
- More funds in your pocket
This product comes with ZERO DOCUMENTATION. It is a pre-approved facility that allows you to transfer outstanding balance of other Credit Card to RBL Credit Card. All we need is:
- Other Banks’ Credit Card Number
- Other Bank Name
- Amount of Balance Transfer required
You can Transfer Outstanding balance from your other Credit Card to RBL Credit Card and choose the tenure as per your convenience. The plans available for you are:
| Tenure (Months) | Processing Fee | Reducing Rate of Interest | Effective Rate of Interest |
| 3 | 750 or 2.99%* (Whichever is higher) |
No Interest | NA |
| 6 | 499 | 21% | 12.42% |
| 12 | 499 | 21% | 11.73% |
| Outstanding Amount on other Credit Card | 10,000 |
| Rate of Interest | NIL |
| Processing Fee | 750 |
| Month | EMI Amount | Interest | Total EMI |
| 1 | 3,333 | 0 | 3,333 |
| 2 | 3,333 | 0 | 3,333 |
| 3 | 3,334 | 0 | 3,334 |
Processing Fee Charged: Rs.750
GST @ 18% Applicable
Based on your eligibility, you can request for Balance Transfer on EMI through any of the following ways:
If you are a RBL Bank Credit Card holder:
- SMS “BTEMI” to 5607011
- Give a Missed Call to 7045906912
- Call our Customer Service at 022-62327777
If you are a Bajaj Finserv RBL Bank SuperCard holder:
- SMS “BTEMI” to 5607033
- Give a missed call to 7045958512
- Call our customer service at 022-71190900
You can avail balance transfer for all credit cards, issued by different banks in India.
The amount available would be based on your credit limit and communicated at the time of booking the Balance Transfer on EMI request.
The amount will be directly credited to your Credit Card Account. There is no paper remittance and the transfer process is seamless.
Yes. You can repay the amount before the EMI tenure ends. There is a fee of 3% on the outstanding principal + GST will be charged.
