Standard Chartered offers a hassle-free Balance Transfer service, allowing you to transfer your credit card debt from another bank to a Standard Chartered credit card. This service helps you save on interest and repay your outstanding balance faster, without the need for any documentation.
You can apply for a balance transfer by visiting your nearest Standard Chartered branch, filling out an application form, or sending an SMS with “BT NOW” to +91 9223010121.
You can transfer up to ₹5,00,000 to your Standard Chartered credit card through the balance transfer facility, subject to eligibility and bank approval.
If you meet the eligibility criteria, the balance transfer process takes approximately 3 working days to complete.
The balance transfer comes with a low interest rate of 0.99% for the first 6 months, after which standard interest rates will apply.
No, you do not need to submit any documents to apply for a balance transfer, making the process quick and hassle-free.