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With Citibank Personal Loan, customers can fulfill their dream of a wedding or a family vacation or can pay the bills if any emergency to the family occurs. The facility of personal loan by Citibank is available within 48 hours (2 days) so that customers can accomplish their goals as soon as possible.
Personal loans are best for every person because of its unsecured nature, easy availability, less processing time, and hassle-free documentation. Therefore, to take the charges of finances, Citibank provides personal loans quickly and conveniently. A person can apply for a Citibank personal loan in an online and offline manner to step towards his dream. The loan amount will be transferred to the account within 48 hours with minimal documentation.
Citibank personal loan is available for salaried employees and self-employed with a loan amount up to Rs 30 Lakh. It is available at a minimum interest rate of 10.50% p.a. with a maximum rate of 18.99% p.a. and applicant’s age in between 21 years to 60 years.
Citi Bank Personal Loan provides easy loan within 2 days (48 hours) with interest 10.50% onwards. Below table gives the complete details of Personal Loan.
Citi Bank Personal Loan | Details |
---|---|
Loan Category: | Personal Loan |
Loans Offering: | Personal Loan |
Loan Type: | Unsecured personal loan |
Interest Rate: | 10.50% onwards |
Processing Fee: | 0.50% to 3.00% |
Approval Process: | Both online and offline |
Minimum Income Requirement: | ₹25,000 per month for salaried applicants, and ₹5 lakh in gross annual receipts for self |
Loan Approval Timing: | 2 days (48 hours) |
Minimum Loan Amount: | ₹25,000 |
Maximum Loan Amount: | ₹30 Lakh |
Minimum Loan Period: | 6 months |
Maximum Loan Period: | 60 months/5 years |
Type of Interest Rate: | Fixed interest |
Interest Charging Method: | Reducing balance method |
There are eligibility criteria set by Citi Bank for their personal loan:
Citi Bank Personal Loan | Details |
---|---|
Salaried Employees | Yes |
Salaried Doctors | Yes |
Employees of public and private limited companies | Yes |
Government sector employees including Public Sector Undertakings, Central and Local bodies | Yes |
Loan for Pensioners | Yes |
Loan for Existing Customers | Yes |
Self-Employed | Yes |
Selected Corporate | Yes |
Other Criteria | NA |
Minimum Age | 21 years |
Maximum Age | 60 years at the time of maturity of the Personal Loan |
Minimum Income Requirement | ₹25,000 per month for salaried applicants, and ₹5 lakh in gross annual receipts for self |
Citibank offers products and services which are as follows:
Citibank Personal Loan interest rate falls between 10.50% to 18.99% p.a. The loan amount ranging in between Rs 25,000 to Rs 30 Lacs comes with flexible tenure and speedy approval. One can apply for Citibank personal loan in online and offline modes and check with the status of loan by making call to the bank.
Citi Bank Personal Loan offer various services, please find below the list of features offered by the vendor.
Citi Bank Personal Loan | Details |
---|---|
Personal Loan | No |
Wedding Loan | No |
Education Loan | No |
Home Renovation Loan | No |
Two Wheeler Loan | No |
New Car Loan | No |
Used Car Loan | No |
Travel Loan | No |
Medical Loan | No |
Top Up Loan | No |
Here is the detail charge list for Citi Bank Personal Loan process. We have covered all possible charges for your loan requirements for clear visibility on Citi Bank Personal Loan processing.
Citi Bank Personal Loan | Details |
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Co-Applicant Allow | No |
Income Criteria | Yes |
Collateral Requirement | No |
Pre Approved Credit Limit | NA |
Foreclouser Charges | Up to 4% of the outstanding principal plus interest for the ongoing month |
Loan Foreclouser Conditions | NA |
Bounce Charges | NA |
Bounce Charges Self Employed | NA |
Late Payment Penalty | NA |
Duplicate NOC Charges | At actual |
Stamp Duty Charges | As per laws |
Instrument Swapping Charges | NA |
Loan Cancellation Charges | NA |
Stamp Duty Charges | As per laws |
Loan Rebooking Charges | NA |
Statement Of Account Charges | NA |
Duplicate Repayment Schedule | NA |
EMI Payment Mode | Standing Instruction (SI), Electronic Clearing Service, Post-dated cheque |
Overdue Payment Mode | NA |
Hidden Charges | NA |
In this section we have listed all important links related to Citi Bank Personal Loan.
Citi Bank Personal Loan | Details |
---|---|
Banks | NA |
Charges Information | Link |
Personal Loan Eligibility Calculator Link | NA |
Personal Loan EMI Calculator Link | NA |
Education Loan EMI Calculator Link | NA |
Car Loan EMI Calculator Link | NA |
Product Demo Link | NA |
Website Link | NA |
Android App Downlaod Link | Android Mobile App Download |
iOS App Downlaod Link | iOS Mobile App Downlaod |
Citibank Personal Loan application process for new customers:
Citibank Personal Loan application process for existing customers:
Please find below the list of documents required to avail personal loan. Aadhar, PAN and Income Proof are the most important documents, other documents are optional. The complete list of documents you can keep ready for your loan application.
Citi Bank Personal Loan | Details |
---|---|
Age Proof | Copy of Passport/Driving License/Aadhar Card |
Address Proof | Copy of Passport/Driving License/Aadhar Card/Voter ID/Ration Card |
Identity Proof | Registered Rent Agreement/Utility Bills last 3 months/Copy of Passport/Copy of Ration card |
Income Proof for Salaried Emp | Salary slip of last 3-6 months, ITR or Form 16, 6 month bank statement |
Income Proof for Self Emp | IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years |
Last Updated on 2021-01-04T10:38:45+00:00
Citibank offers its personal loan at low-interest rates to salaried as well as self-employed individuals. The minimum rate of interest on Citibank Personal Loan is 10.55% p.a. and the maximum interest rate is 18.99% p.a. with a minimum EMI of Rs 2,149 per lakh for a tenure of 60 months.
You can pay the EMI of Citibank personal loan online in three ways:
Instead of paying monthly EMIs, you can pay off the remaining outstanding amount of the loan in one single payment and this is called pre-closure of personal loan. Citibank allows pre-closure after 1 year of the date, the loan was sanctioned but also charge up to 4% on the total principal outstanding.
Yes. You can check your Citibank personal loan status online on its app as well as website. All you need to do is log in to your account and enter the details such as the mobile number and application number. After providing your details, you will get to know the status of your loan application.
You can pay EMI through NEFT, E-payment and ACH/ECS facility. At Citibank, Personal Loan EMI payment can set up as a standing instruction to pay your EMI dues.
A person can check the Citibank Personal loan status by calling the toll-free number: 18602102484 or for any other financial query regarding Personal Loan.