About Bajaj Finserv DBS Bank SuperCard Balance Transfer

The Bajaj Finserv DBS Bank SuperCard offers umpteen features, ranging from a welcome bonus to beneficial subscriptions. From getting up to 40% discount in a year for subscribing to entertainment platforms and complimentary access to airport lounges, this credit card is all that you need! 

 

Among its numerous benefits, the DBS credit card balance transfer is a unique facility that helps you easily consolidate debts. Simply put, this feature allows you to transfer the outstanding amount of multiple cards to the Bajaj Finserv DBS Bank SuperCard. 

 

For an overview of the DBS Bank balance transfer facility and to understand more about the process, read on.

What is the Eligibility Criteria for Bajaj Finserv DBS Bank SuperCard Balance Transfer

You have to meet the basic eligibility criteria to activate the DBS Bank balance transfer facility. Here is a list of conditions to activate this facility:

  • You must be an existing Bajaj Finserv DBS Bank SuperCard customer

  • You need a valid credit card

  • Your outstanding credit should not be due for more than 60 days

  • You must have a good repayment history

 

Before activating the DBS credit card balance transfer, your credit limit is assessed. This is to ensure that you can repay EMIs regularly without delay. Once verified, you can start enjoying affordable DBS balance transfer interest rates. 

 

To activate this facility, you may be required to submit KYC documents. As a new credit card user, you have to meet the normal eligibility parameters required while availing a new credit card. 

 

Here are the following conditions you have to meet before applying for a new card.

  • You must be in the age bracket of 21-70 years

  • You must have a regular source of income

  • You must have a credit score of 720 or above

 

An easy way to apply for the Bajaj Finserv DBS Bank SuperCard is through the Bajaj Markets platform. Here, the process is simpler and quicker than if you were to apply offline. 

 

All you have to do is fill a simple form, follow the easy steps, and wait for approval. Once approved for the Bajaj Finserv DBS Bank SuperCard, you can avail nominal DBS balance transfer rates in a hassle-free manner!

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How to Apply for Bajaj Finserv DBS Bank SuperCard Balance Transfer

You can contact the customer care team to apply for the DBS credit card balance transfer facility. Call the team at toll-free number 1860 267 6789 if you are a local resident and +91 4469046789 for overseas customers. 

 

Alternatively, you can also email them at supercardcare@dbs.com. That’s all it takes to activate your DBS balance transfer option. However, before activating the facility, the bank may assess your financial history. 

How to Transfer Balance from Another Credit Card to Bajaj Finserv DBS Bank SuperCard?

Opting for the credit card balance transfer helps you repay huge outstanding credit bills. Before transferring the balance to a new card, ensure that the new one offers affordable interest rates. This allows you to manage the monthly finances efficiently.

 

The most crucial factor to note is that you can transfer the amount only within the prescribed limit of the new card. For instance, if your new card has a credit limit of ₹1,00,000 but you have an outstanding of ₹1,20,000. In this case, you can only transfer ₹1,00,000 as a part of the DBS balance transfer facility. 

 

Before applying for this facility, submit the following details:

  • Credit card number

  • Maximum credit limit

  • Validity of the credit card

  • Total outstanding on the card

 

Submit documents such as the latest credit card bill statements, a copy of your credit card and address proof. After verification, you get the remaining outstanding amount as a demand draft that you must pay towards the old credit card to clear off all dues. 

 

After activation of the facility, you have to pay interest as per the new credit card rates. In just a few steps, you can activate the DBS Bank balance transfer facility and start working towards a more seamless and affordable repayment journey. 

How to Cancel Your Bajaj Finserv DBS Bank SuperCard Balance Transfer?

You have to inform the bank at least within 7-10 days if you want to cancel the balance transfer option. Call the customer care team at toll-free number 1860 267 6789 or email supercardcare@dbs.com

 

While intimating the team via a phone call would be ideal, you may also visit the nearest Bajaj Finance or DBS Bank branch to process the cancellation request. In general, the DBS balance transfer facility is a smart way to save interest on credit cards. 

 

For instance, having multiple credit cards at varying interest rates can strain your finances. In such a scenario, transferring the unpaid outstanding balance to the Bajaj Finserv DBS Bank SuperCard may allow you to repay your debt at better, cost-effective rates. 

 

This way, there is less strain on your monthly finances. The credit card balance transfer from DBS Bank also helps you avoid the accumulation of debts. Another one of its key benefits is the easy EMI conversion facility. 

 

With it, you can handle large payments without needing to worry at all. For all spends worth ₹2,500 or above, you can convert into affordable EMIs. This way, you can easily pay your monthly dues without affecting your budget.

 

So, get the card today and enjoy hassle-free payments with the tap-and-pay facility. What’s more, you need not pay interest for up to 50 days for ATM cash withdrawals across India. With myriad benefits throughout the year, the Bajaj Finserv DBS Bank SuperCard is all you need to unlock doors to the Super Life!

DISCLAIMER

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort. 

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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FAQs on Bajaj Finserv DBS Bank SuperCard Balance Transfer

What is the tenor offered for a balance transfer?

You can choose to opt for tenor options ranging from 12 to 48 months. Some financial institutions may even offer a tenor of 6 months, based on their internal policies. Read the policy terms before you opt for this facility.

How long does it take to activate the balance transfer facility?

All you have to do is place a request, after which the outstanding payment gets transferred to the Bajaj Finserv DBS Bank SuperCard. However, this facility is activated only after you meet the required eligibility criteria.

Are any charges levied for activating the balance transfer option?

Yes, finance charges are accrued from the date on your cheque with the amount to be transferred. Charges also depend on the total outstanding that has to be cleared off. 

What is the reason for the bank to reject my balance transfer facility?

Rejection happens when you do not meet the eligibility parameters set by the bank. Since the balance transfer facility is just like any other credit solution, you must meet all the terms. In many cases, the top reasons for rejection can be due to a poor credit score, instability in income, or a discrepancy in the information provided.

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