Chlorinated nitrile rubber (Cl-NBR) has been blended with chlorinated ethylene propylene diene rubber (Cl-EPDM) in different ratios by a conventional mill mixing method. The effect of the blend ratio on processing characteristics, mechanical properties (such as tensile and tear strength, elongation at break, hardness, abrasion resistance, heat build-up and resilience), structure, morphology, glass transition temperature (Tg), thermal stability, flame retardancy, oil resistance, AC conductivity, dielectric properties and transport behavior of petrol, diesel and kerosene were investigated. The shift in absorption bands of blends studied from FTIR spectra, single Tg from DSC analysis and decrease in amorphous nature from XRD showed the molecular miscibility in Cl-NBR/Cl-EPDM blends. SEM images showed the uniform mixing of both Cl-NBR and Cl-EPDM in a 50/50 blend ratio. The TGA curves indicated the better thermal stability of the polymer blend. The elongation at break, heat buildup, resilience and hardness of the polymer blend decreases with an increase in Cl-NBR content in the blend whereas the flame and oil resistance were increased with increase in Cl-NBR content. Among the polymer blends, the maximum torque, tensile strength, tear and abrasion resistance was obtained for the 50/50 blend ratio because of the effective interfacial interactions between the blend components. AC conductivity and dielectric properties of polymer blend increased with increase in the ratio of Cl-NBR in the blend. Different transport properties such as diffusion, permeation and sorption coefficient were measured with respect to nature of solvent and different blend ratios. Temperature dependence of diffusion was used to estimate the activation parameters and the mechanism of transport found to be anomalous.