CITI

Rating:
71% of 100
  • • Online application and instant approval: You can easily apply for personal loans by Citi Bank through online channels to receive instant approvals in less than 1 minute.
  • • Quick Disbursal: The loan figure will be disbursed to your bank account in less than 24 hours following the approval of your application.
  • • Minimal Prepaid fees: Citi Bank Personal Loans are subject to fixed prepaid fees.
  • • Hassle-free loan processing: You can apply on the Web site, through Net Banking, an ATM, or visit your nearest branch to apply for a Citi Bank personal loan. The application process is quick and paperwork is minimal.
  • • Instant disbursement: You will get a pre-approved Personal Loan in ten seconds* if you are a Citi Bank customer. Some will receive one in 4 hours*.


Features


Door step service.

Minimum documentation.

Quick approval.

24x7 help.


Top 5 Personal Loans
Top 5 Credit Cards
Top 5 Professional Loan
Top 5 Business Loans

What you'll love


  • Citibank provides personalized personal loan interest rates and arrangements for special category of lenders, including lenders working in respectable companies, banks or government employees etc.
  •  Some of the Citibank’s special personal loan schemes are:
  • Personal Loan for Meeting Short Term Cash requirements
  • Loan for holiday or Wedding


Fees & Charges


  • Charges for processing: Up to 0.5%.
  • Pre-closure charges: Citibank personal loan pre-closure is Authorized In the range of 3% to 4%
  • Part payment Costs: Approved Zero Costs 
  • Other Charges: Late EMI payment charges, EMI bounce charges, loan cancelation charges, which are reported by the bank at the time of signature of the loan agreement.

 

Eligibility Criteria


  • Loan available for both salaried and self-employed workers.
  • Borrowers in age groups of 23 to 60 years of age.
  • Loan amount of minimal amount approved ₹ 1 Lakh to ₹ 30 Lakh.
  • Loan period from 12 to 60 months.

 

Documents


The paperwork needed for personal loans and the processing time are much less than for most other loans. With the following documents, you can secure a loan: ID information, address information, and income proof. You cannot even need to send documentation if you are pre-approved for a Personal Loan.

 

Perks


  • Online acceptance & disbursement during lockdown
  • Exclusive rates for top corporate
  • Free part payment system
  • Top up facility accessible
  • Disbursement in 48 hrs. of endorsement
  • Citibank has been rated 4.4/5.0 by customers for its quality of service.
  • Citibank has more than 35 branches in India where you can avail service
  • Citibank provides exclusive incentives and discounts to staff of large companies

 

Features of Citi Bank Personal Loan

 

  • Online application and instant approval: You can easily apply for personal loans by Citi Bank through online channels to receive instant approvals in less than 1 minute.
  • Quick Disbursal: The loan figure will be disbursed to your bank account in less than 24 hours following the approval of your application.
  • Minimal Prepaid fees: Citi Bank Personal Loans are subject to fixed prepaid fees.
  • Hassle-free loan processing: You can apply on the Web site, through Net Banking, an ATM, or visit your nearest branch to apply for a Citi Bank personal loan. The application process is quick and paperwork is minimal.
  • Instant disbursement: You will get a pre-approved Personal Loan in ten seconds* if you are a Citi Bank customer. Some will receive one in 4 hours*.

 

Citi Bank Personal Loan Details

 

Relationship with the Bank - Bank provides preferential discounts, deals and charges to current bank account holders. Those who have maintained their deposits and made their contributions on time in the past will benefit from a low Citibank loan interest rate.

 

Fees and Charges


  • Loan amount of minimal amount approved ₹ 1 Lakh to ₹ 30 Lakh.
  • Loan period from 12 to 60 months.
  • Citibank personal interest rate ranges from 10.50% to 18.99%.
  • Lowest EMI of ₹ 2,149 per lakh.
  • Pre-closure charges: Pre-closure of Citi Bank personal loan is Allowed with Nil charges
  • Part-payment charges: Not allowed for a personal loan
  • Late EMI payment charges:   loan cancellation charges are been disclosed by the bank during the signing of loan agreement.

 

Eligibility Criteria


  • High Loan amount: Self and paying customers are entitled to a personal loan of up to 40 lakh and are entitled to make use of the money to meet 
  • Minimal Prepaid fees: Citi Bank Personal Loans are subject to fixed prepaid fees.
  • Hassle-free loan processing: You can apply on the Web site, through Net Banking, an ATM, or visit your nearest branch to apply for a Citi Bank personal loan. The application process is quick and paperwork is minimal.

 

 

Documents Required

 

Proof of identity

Aadhaar Card, Driving Licence, Passport, or Voter ID Card

Proof of address

Voter ID Card, Aadhaar Card, Passport, or Driving Licence

Other documents

  • Bank statements for the last three months or passbook of the last six months
  • Latest salary slip or salary certificate
  • Form 16
  • Passport-size photograph

 

Citi Bank Personal Loan FAQ

 

      How can I repay my loan?

You can repay your loan amount in Equated Monthly Instalments (EMIs). The loan repayments can be done via post-dated cheques, ECS, or via a standing instruction to debit the repayment amount from your Citi Bank account.

      When can I take a Citi Bank top up loan?

You can take a top up loan from Citi Bank when you opt for a balance transfer with Citi Bank.

      Can business owners take personal loans from Citi Bank?

Yes, Citi Bank offers personal loans to salaried individuals and Self-Employed. Applicants are required to be employed with a private, public sector, or government body at the time of taking the loan and also Business registration proof.

      What is the repayment tenure for personal loans issued by Citi Bank?

If you take a personal loan from Citi Bank, you will need to repay the due amount within 1 year to 5 years (12 to 60 months).

      How to check Citi Bank personal loan status?

You can check the status of your Citi Bank personal loan application by visiting the website of Citi Bank. 

      How to contact Citi Bank personal loan customer care?

Listed below numbers can be contacted for Citi Bank personal loan customer care executives 

 

Ahmedabad

079-40015740

Akola

1800 180 2484

Aurangabad

0240-6659002

Bengaluru

080 - 67739333

Bhopal

1800 180 2484

Chandigarh

0172-6650900

Chennai

044-42274444

Coimbatore

0422-4237305

 

 

You can call our customer care between 9 a.m. and 5 p.m. on all days including Sundays and bank holidays. 

 

 

 

 

More Information
Loan Type Personal Loan
Interest Rate Minimum (%) 0.14
Processing Fees Minimum (%) 0.01
Loan Amount Minimum 0
Loan Amount Maximum 9999999999
Tenure Minimum (months) 12
Tenure Maximum (months) 60
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