HDFC Credit Card: How to pay outstandings on other cards | Calculator show how much it will cost you

If you want to pay your outstanding dues on other credit cards you can do that by transferring the balance to HDFC Bank credit card. The bank claims to offer EMIs as low as Rs 27 per Rs 10000. You have the option to pay the installments between 9 months and 48 months.

It is important to pay your credit cards bills in a timely way because interest starts accruing on the outstanding balance if you don't pay in time. Notably, interest rate on credit card debt is sky-high. If you think you may not be able to clear your outstanding balance and fear that the interest on it could only further your problems, you can pay the amount with another credit card. But before that, check what the other credit card is offering you to transfer the balance. Is it giving you easy EMI options with lower interest rates? 

India's largest private lender offers you to pay your outstanding dues on other credit cards. You can get an idea of how much you may have to pay to HDFC Bank credit card if you opt to pay the outstanding of the other card through it with the Credit Card EMI Calculator given on the bank website.

The bank has also given an illustrative list of EMIs you may have to pay. The EMI is calculated at a rate of 1.1% per month. See below:

Loan(Rs)  36 mth  24 mth  18 mth  12 mth  9 mth
50,000      1,346    1,690      2,382     4,471     5,866
1 lakh        2,693    3,379     4,764     8,941     11,731
2 lakh        5,385    6,758     9,527     17,882    23,462
3 lakh        8,078    10,137   14,291   26,823    35,193
4 lakh       10,771   13,516   19,054   35,764    46,925
5 lakh       13,463   16,895   23,818   44,706    58,656

You can check your eligibility using:
-- NetBanking: Login to NetBanking & Click Cards > Credit Cards > Transact > Insta Loan

-- PhoneBanking: Call our PhoneBanking round the clock

-- Call to your registered contact number

On confirmed eligibility for loan, HDFC sales executive will call you to communicate eligible amount, interest rate and other loan details

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There is no documentation required for the pre-approved loans.