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    We found 1 Citibank Personal Loan Eligibility Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 15.99% Fixed
    Up to 2%
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews

    Citibank Personal Loan Eligibility Calculator is Rated as "Great!" by 2040 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    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.

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  • Citibank Personal Loan Eligibility Calculator Reviews

    • Citibank Personal Loan
      "Its okay to get it"
      0.5 4.0/5 "Great!"
      I am happy with the loan which I got from CITI bank, but actually I am not happy with the rate of interest, when compared to other banks, the rate of interest offered by CITI bank is very much higher. All documentation process was completed at the right time and I got my loan in a few weeks of ti
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 18, 2017
    • Citibank Personal Loan
      "Customer friendly"
      0.5 5.0/5 "Blown Away!"
      Only the disbursement amount got late, remaining everything is fine. After getting the welcome letter, CITI bank has taken some time to release the amount. My principal amount is quite good and they taken some processing fee and interest rate. Intimation prompt was good with CITI Bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Below Average service"
      0.5 2.0/5 "Expected more"
      The Citibank executives called me all the time and they told that they can approve the loan but they never approved it and they haven't even revealed the reason as well. The response need to be improved with Citibank ,They way they give response need to be changed. I got below average service from Citibank.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      Every thing is perfect in CITI Bank, because I am existing of the bank for past three years. I have applied for top up through online channel, then I have withdraw it because I don't have any requirements and my old was live with the same bank. Other than that I don't have any issue with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Below Average service"
      0.5 3.0/5 "Satisfactory"
      The loan which I have applied with Citibank was offering the high Interest rate because I work with Heath care IT industry. They are charging too much because of my work place, so that was the reason I haven't proceed with CITIBANK personal loan . The processing fee also high when compared with others.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Hassle free process"
      0.5 5.0/5 "Blown Away!"
      CITI Bank helped me a lot, initially I contacted the bank directly to avail personal loan but they rejected it. Again I approached the bank through online channel then CITI bank have approved the loan. Processing fee was low but interest was bit high, but I am very happy with service and loan disbursement.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Pretty simple and hassle free process"
      0.5 4.0/5 "Great!"
      Response is pretty quick also their executives came to my place to collect the documents. I got around 2 calls also I got the confirmation stating that the amount was disbursed. I am yet to receive the confirmation on the EMI date. However I had received the welcome kit from them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      I liked the process at Citibank and the customer services was good. The process was smooth and I got the personal loan through within 15 days. The rate of interest was around 13%, it was a bit high as my company was not a listed company. The processing charges was high too.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      I have arranged the required amount from other source, so that was the reason I haven't proceed with Citibank personal loan application. The rate of interest is quite high when compared with other bank. I would say I got good service from Citibank other than their interest rate.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Excellent process"
      0.5 5.0/5 "Blown Away!"
      It was a excellent process at Citibank for the personal loan. It was on time and I received the loan as per my requirement. The interest rate and processing charges was normal and the after loan services has also been up to the mark. I have no hassle in all.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The Citibank has told that my area pin code is considered under negative area to approve the loan, So that was the reason I can't proceed with the Citibank personal loan. The customer service with Citibank was average . The rate of interest is nominal with Citibank. I would say I got the Average service from Citibank.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Citibank has been more quick in the process of a personal loan they have offered around 11% rate of interest approximately . I hold my savings account with them for long time and the customer services are excellent. The details they provide is standard and there are no issues with that. The interest rate and charges are very much normal too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      Seamless service was offered by CITI Bank. Everything was done on line it was more convenient. I had placed a request for the Personal loan through online, post which I just received a call from them. I did not submit any documents because I was holding an account with them it was a pretty old account. Even closure request can be initiated online time scales taken were very less, rate of interest offered by them is comparatively high.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      " Interest rate should be competitive"
      0.5 5.0/5 "Blown Away!"
      I got a preapproved loan from CITI, within four to five hours loan amount got disbursed. Their response is also very good. Interest rate was also common, they offered me around 12.5% per annum. But in ready credit account, when ever I need money, I could withdraw it from current account and make the payment when I have funds hence interest will be calculated on number of days.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      It was good and smooth and a quick process at Citibank. I got the personal loan in seven working days. The documents were collected in one shot and the disbursement was also on time and as needed. The interest rate was around 11.49% and the processing charges were very much average too.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I am very much happy about CITI bank service, they gave me prompt response on loan. But they have taken some additional charges of Rs.1000 excluding processing fee and documentation charges. Other than that CITI bank have fulfilled my requirement. I have requested CITI bank to my EMI date after 5th of every month, but they gave on it on 1st of every month, that should be changed.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have arranged the required amount with other source, so that was the reason I have not processed with CITIBANK personal loan. Other than Citibank gave good service and better response in regards to my personal loan application. The follow up is also very good with Citibank. The rate of interest can decreased in future.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      There was no loan requirement so that was the reason I have asked Citibank executives to close the personal loan application. The rate of interest they were about to offer the loan was high. The response which was given by Citibank was good. The service which was given by Citibank was average.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 16, 2017
    • Citibank Personal Loan
      "Good can do better"
      0.5 4.0/5 "Great!"
      Citibank has disbursed my personal loan within a week time. The response part with Citibank was good. The required loan amount was not disbursed. I have asked for 9lakhs and they have approved only 8lakhs . The rate of interest is high when compared with HDFC bank. The processing fee was also high with CITIBANK.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • Citibank Personal Loan
      "Unhappy with the services"
      0.5 2.0/5 "Expected more"
      I was very disappointed with Citibank when I approached them for a personal loan. Though I am an existing customer for many years, and all my payments goes through smoothly. The bank could not acknowledge my details and give me a response sooner. They delayed to do so.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 16, 2017
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