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    We found 1 Citibank Personal Loan Eligibility Calculator
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    Citibank Personal Loan Eligibility Calculator is Rated as "Great!" by 2780 Users

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    Citibank Personal Loan Eligibility Calculator

    Overview about Citibank Personal Loan

    Citibank personal loan is one of the best loans offered by the bank. Citibank which is a consumer division of the multinational Citigroup offers quick and easy personal loans. The personal come with speedy approval and minimal documentation. It is an unsecured loan with a very high loan amount that goes up to Rs.30 lakh. The loan amount can be utilised for any personal expense and there is no restriction on what it can be used for. The bank offers an attractive rate of interest on the personal loan along with various other benefits.

    Apply for Personal Loan

    Citibank Personal Loan Eligibility for Salaried and Self-employed Applicants

    Particulars Salaried Self-employed
    Age (Min-Max) 23 to 60 years 23 to 65 years
    Income Rs.2,40,000 p.a. Rs.1,40,000 p.a.
    Guarantor Not required Not required
    CIBIL Score 750 and above 750 and above
    Minimum Loan Amount Rs.1 lakh Rs.1 lakh
    Maximum Loan Amount Rs.30 lakhs Rs.30 lakhs
    Minimum Loan Tenure 1 year 1 year
    Maximum Loan Tenure 5 years 5 years
    Interest Rate 11.49% to 15.99% 11.49% to 15.99%
    Processing Fee Up to 2.5% Up to 2.5%
    Prepayment Charge After 12 EMIs, 3% of principal outstanding + Service Tax After 12 EMIs, 3% of principal outstanding + Service Tax

    Factors affecting Citibank Personal Loan Eligibility

    There are several factors that affect the Citibank personal loan eligibility. Listed below are some of the important factors that affect the eligibility for Citibank personal loan.

    • Age: Age is a very important factor and can also play a deciding factor when it comes to availing a personal loan. Each bank has a minimum and maximum age criteria when it comes to granting the personal loan. If the individual is too young or too old they won’t be granted the loan.

    • Residence: Applicants who own a house are given more preference over those who stay on rent when it comes to availing a personal loan. Also people residing in urban areas have a better chance of availing loans.

    • Financial position: Your financial position plays a very crucial role as it defines your ability to repay the loan. If you earn a good income, the bank will be more inclined to grant you the loan since it will believe that you have sources to repay the loan.

    • Credit score/history: The better the credit history/score, higher the chances of availing a personal loan. Your credit history vouches for your credibility as a borrower. The banks are hesitant to grant loans to individuals who have a bad credit history or score.

    How CIBIL Score affects Citibank Personal Loan Eligibility

    Your CIBIL score plays a very important role when it comes to you availing loans and credit cards. Your CIBIL score is the first thing the lender checks when you submit the application form for the personal loan. If you have a good CIBIL score of above 750, the lender will move on to verifying the rest of your details before granting you the loan. But if you have a really low credit score then the lender might not even consider your application. CIBIL score plays a deciding factor when it comes to granting personal loans.

    How to increase Citibank Personal Loan Eligibility (amount disbursed)

    There are several ways through which one can increase their personal loan eligibility. Listed below are a few of the steps that one can follow.

    • Don’t overdo it-Don’t apply for too many loans. Every time you apply for a loan, it goes on your credit report and this might ruin your chances of getting a loan in the future. The lender will be wary to grant you a loan if it is noticed that you have applied for a lot of loans.

    • Make timely payments-It is important to make timely payments and not default on payments when it comes to existing loans and credit cards. Being consistent with your payments creates a good impression for the lender.

    • Longer tenure- Longer the tenure of the loan, lower the EMIs. Increasing the tenure of the loan will result in higher eligibility. Also lower EMIs ensure that you can repay the loan without shelling out too much every month.

    • Secured loans-Secured loans get you a better rate of interest and also increases your eligibility since there is a collateral involved.

    • Repay outstanding loans-It is advised to repay all your outstanding loans before opting for a new personal loan. This will definitely increase your eligibility when it comes to availing personal loans.

    • Turn to your neighbourhood bank-You have more chances of increasing your eligibility if you opt for a bank that you already have an account with. Banks are known to favour existing customers and you might get a chance of negotiating for a better rate of interest too.

    FAQs on Citibank Personal Loan Eligibility

    1. How long does it take for the loan to get approved?

      If the bank is satisfied with your application, the personal loan will be granted within 48 hours.

    2. Are business owners eligible for Citibank personal loan?

      Yes. Business owners are also eligible for Citibank personal loan along with salaried and self-employed individuals.

    3. What is the minimum loan amount offered?

      The minimum loan amount offered is Rs.1 lakh.

    4. Are there any special offers for existing customers?

      Yes, the bank has special offers for existing Citibank customers who apply for the personal loan. An existing customer also stands the chance of getting the loan approved quickly with minimal documentation.

    Citibank Personal Loan Eligibility Calculator Reviews

    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was completely a good experience i had with them with this personal loan where the loan amount which they had provided had been satisfactory. The interest rate with them has been nominal and there has not been any sort of additional charges which had been made by them. Even their customer support had been helpful as well.
      Was this review helpful? 4
      , pune
      Reviewed on Oct 12, 2018
    • Citibank Personal Loan
      "BEST SERVICE"
      0.5 5.0/5 "Blown Away!"
      I had taken my personal loan with CITI BANK , they charge nominal rate of interest and tenure period was 4years . The loan amount is satisfactory with this bank . I ask pretty less loan amount but they gave high so i am happy with that . It has been a smooth banking experience with the CITI BANK in all .
      Was this review helpful? 1
      , chennai
      Reviewed on Oct 07, 2018
    • Citibank Personal Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      Citibank has also offered me a personal loan and the process to get the loan was smooth and easy. The customer support is good and they were responsive as well. I received the loan on time and the rate of interest and processing charges are normal.
      Was this review helpful? 7
      , bangalore
      Reviewed on Sep 28, 2018
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had chosen to go with them since the interest rate with them has been very low with them and the process in getting this loan had been smooth and easy. The loan amount had been satisfactory and there has not been any sort of additional charges which they had been making so far. Their customer support also had been responsive and had been helpful at times.
      Was this review helpful? 2
      , new delhi
      Reviewed on Sep 27, 2018
    • Citibank Personal Loan
      "Satisfactory"
      0.5 3.5/5 "Pretty good"
      My personal loan was taken with CITI bank 4 months back. The loan amount was 1,20,000 and the interest rate was very high . The customer service and responses was good. I have faced some difficult and they even detected some amount also. The processing fee was nominal.
      Was this review helpful? 5
      , hyderabad
      Reviewed on Sep 20, 2018
    • Citibank Personal Loan
      "GOOD SERVICE"
      0.5 4.5/5 "Excellent!"
      My personal loan was taken with CITI BANK , the tenure period is 1.5year . Customer support and their follow up is good , i can connect them easily . They charge 14% rate of interest with this bank . I did not face nay issue at the time of getting loan and even at time of documentation .
      Was this review helpful? 2
      , gurgaon
      Reviewed on Sep 17, 2018
    • Citibank Personal Loan
      "AVERAGE"
      0.5 4.0/5 "Great!"
      I got my personal loan through CITI BANK , the tenure period is 2year . The process getting the loan is quick it just take 25 days and it was very smooth i did not face issue with them . The loan amount is 3.5 lakh and it is sufficient to me and processing fee is free with this bank .
      Was this review helpful? 1
      , new delhi
      Reviewed on Sep 16, 2018
    • Citibank Personal Loan
      "Process is nice"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from Citibank and the process to get the loan is good and smooth. The customer services and response is good and the documentation process is satisfactory too. The after loan services are good and the interest rate and charges is fine too.
      Was this review helpful? 1
      , greater noida
      Reviewed on Sep 14, 2018
    • Citibank Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      My personal loan was taken with CITI BANK , the rate of interest is 11.2% it is nominal in the market and the loan amount is sufficient to me . There is processing fee is but it will be waive off. The tenure period is 1year ,but there is no preclosere option . The loan amount is Little delayed .
      Was this review helpful? 1
      , bangalore
      Reviewed on Sep 14, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      My personal loan application was approved with CITI bank and the experience was very good, the loan amount was for Rs 12 lacs for 1 year with nominal interest rate. The process took more than 20 days to complete and the customer service was good with CITI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 12, 2018
    • Citibank Personal Loan
      "EXCELLENT"
      0.5 4.0/5 "Great!"
      I have taken personal loan through CITI BANK , the tenure period is 16month . I did no face any issue while getting the loan , i receive my loan amount on time , there is no processing fee with this bank and rate of interest is 11.5% and it is nominal in the market. Customer support is up to the mark .
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 12, 2018
    • Citibank Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      My personal loan amount was taken with CITI BANK , the customer support is excellent with this bank , i can connect them easily with them . The tenure period is 4year and loan amount is up to the mark . They provide interest rate with 11.75% initially the said 11.05% so i am not happy with interest rate .
      Was this review helpful? 0
      , pune
      Reviewed on Sep 12, 2018
    • Citibank Personal Loan
      "Nice experience"
      0.5 4.0/5 "Great!"
      My personal loan is with Citibank and the experience is good and there are no hassles in the process. The loan was processed on time as well. The rate of interest is around 12% and the processing charges was zero. The overall customer services and response is good.
      Was this review helpful? 2
      , pune
      Reviewed on Sep 10, 2018
    • Citibank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from CITI bank and my experience was good, the loan amount was for Rs 2.34 lacs with nominal interest rate when compared to other banks. The process was smooth and i received my loan amount on time. Customer service was good and they responded on time. The tenure period for this loan is 4 years.
      Was this review helpful? 1
      , new delhi
      Reviewed on Sep 05, 2018
    • Citibank Personal Loan
      "Hassle free"
      0.5 4.0/5 "Great!"
      I have also taken a personal loan from Citibank. The customer services and response is good. There was a slight delay in the process, but it is manageable. The loan was provide as per my requirement. In all a good experience, it could have been more sooner.
      Was this review helpful? 2
      , bangalore
      Reviewed on Sep 04, 2018
    • Citibank Personal Loan
      "Average Service"
      0.5 2.5/5 "Just OK"
      I've taken a personal loan from CITI bank. The experience was not that great, I had to follow up a lot. The interest rate is fine. The whole process was irritating. I got the loan amount with in 20 days.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 31, 2018
    • Citibank Personal Loan
      "AVERAGE"
      0.5 4.0/5 "Great!"
      My loan amount was taken with CITI BANK , the services is not so satisfactory because even though i have salary account with citi bank they as me so much of documents at the time of providing loan , so it took so long time . My loan amount is satisfactory and rate of interest is 11.24% . There have charged processing fee but it will be waive off .
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 30, 2018
    • Citibank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with CITI bank for personal loan, the loan amount was based on my requirement and the rate of interest was nominal when compared to other banks. Customer service was good and they responded on time. The tenure period was 4 years and they charge 3% for preclosure charges.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 30, 2018
    • Citibank Personal Loan
      "Fast and easy service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan from CITI BANK , the services and the process was excellent with this bank and i did not face nay issues at the time of documentation . Rate of interest is nominal in the market and tenure period is 5year . There is option of preclosere .
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 30, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with CITI bank and my experience was good, the loan amount was for Rs 5 lacs with nominal interest rate when compared to other banks. Customer service was good and they responded on time. Tenure period is 4 years and they charge 4% of principal amount for preclosure.
      Was this review helpful? 1
      , kolkata
      Reviewed on Aug 28, 2018
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