Citibank is a popular private sector bank in today’s financial market. It is well-known for offering personal loans, banking, financial lending and advisory services. Started in 1999 in India, it has spread in over 30 cities with 42 branches all over. It is one of the preferred banks at more than 45,000 small and medium corporate. The bank is also known to be offering the highest number of personal loans in India.
|Citibank Personal Loan Details Updated on 29th May 2020|
|Loan Amount||Rs.10,0000 to Rs.30,00,000|
|Loan Tenure||5 Years|
|Interest Rate||10.99% to 18.99%|
Citibank is one of the immensely preferred banks because of the number of benefits it comes up with. Availing personal loans here require minimum documentation and quick approval to get your immediate requirements financed. These loans are available for both salaried as well as self-employed people. No preconditions, collateral security or guarantor is required for the same.
Loanbaba.com provides all the information about Citibank Personal Loan.
Loanbaba provides comprehensive information about personal loan schemes by Citibank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Personal Loan Citibank interest rate ranges between 10.99% and 16.99% annually. Keep a check on this page to note the updated interest rate for Citibank personal loan.
Citibank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about personal loan Citibank.
The bank also offers its users a benefit of getting their balance consolidated to the high-cost credit cards. They can transfer the amount to a single Citibank personal account managing their cash flows better.
To get personal loan from the bank approved, the higher is your credit score, better are the chances of securing the loan. A CIBIL score ranging between 300 and 900 will be considered, but 700+ score would be required for personal loan. The interest rate offered would also depend on the CIBIL score of the applicant.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Citibank.
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