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Balance conversion

Enhance the joy of a new purchase

An easier way to manage your credit card balance

Convert your outstanding credit card balance into a monthly instalment plan at a more affordable rate.

About balance conversion

Rates and fees

Interest rates range from 14.49% to 21% p.a.

A processing fee of 2.5% of the balance conversion total will apply, with a minimum fee of INR250.

Loan tenures

Choose from a range of flexible loan lengths. Loans are available in tenures of 3, 6, 9 and 12 months.

Things to know

Who can apply?

  • You must be an existing HSBC cardholder
  • You must meet other eligibility criteria

Apply for a balance conversion

Apply by SMS

SMS 'BALCON' to 575750 and we'll call you back

Don't have an HSBC Cashback Credit Card?

Get 10% cashback on dining, food delivery, and groceries. Plus, Get 1.5% unlimited cashback on other spending. Terms and conditions apply. You can apply online for your card using our application form. We recommend using the latest version of Chrome or Safari to do so.

You might also be interested in


Explore and compare credit cards to find the one that suits you best. 


Convert your purchases into affordable monthly instalments via the HSBC India Mobile Banking app. 


Repay your purchases with your HSBC credit card in equated monthly instalments so you can pay your bill at your convenience. 


Convert the limit on your credit card into cash and repay in equated monthly instalments. 

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