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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% - 16.99% Fixed
    Up to 2%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon Voucher Ad
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    Good to Know
    Eligibility Criteria
    Customer Reviews
    Citibank Personal Loan Eligibility Calculator is Rated as "Great!" by 2700 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
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from Citi bank, the process was good I received the amount on time, I received the whole amount of Rs. 2,00,000 that I applied for. I only found that interest rate was a bit high as compared to others, or else there is no other issues with the bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 23, 2018
    • Citibank Personal Loan
      "Quick and easy process"
      0.5 4.0/5 "Great!"
      It was a good process with Citibank for the personal loan. I got the loan within one week. The rate of interest was of 10.99% and there was also a nominal processing fee. The customer services and response is good and I got the loan as needed too.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 22, 2018
    • Citibank Personal Loan
      "Good and satisfactory"
      0.5 5.0/5 "Blown Away!"
      It was a good at Citibank for the personal loan. The process is good and the documents was collected on time. The bank disbursed the loan as per my requirement. I am currently not sure on the interest rate and processing charges. So I would not rate them on the same.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 22, 2018
    • Citibank Personal Loan
      "Good. Can do better"
      0.5 3.0/5 "Satisfactory"
      The process at Citibank was okay but when I spoke to the executive I was told that the personal loan will be five in two to three days and I was on time to submit my documents. But the list of documents required was not informed to me clearly and I had to repeatedly submit my paper work.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 22, 2018
    • Citibank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approached CITI bank for my personal loan . Their interest rate was very high so I have canceled and taken with HDFC bank. I was looking for 8 lakhs and the interest rate was 15.85% which si very high . The customer service and responses was good.
      Was this review helpful? 0
      , pune
      Reviewed on May 20, 2018
    • Citibank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approached CITI bank for my personal loan but their interest rate was very high so i have canceled here and taken with ICICI bank.I was looking fir 4 lakhs and the interest rate was 12.24% which is very high . I am satisfied with the customer service and responses.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 20, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken this loan almost seven years back for my personal use. The services which they have provided had been good. It was a paperless approval and i had submitted the documents online and it was an easy and smooth process. The rate of interest was nominal and also the loan amount was satisfactory.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 18, 2018
    • Citibank Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have approached CITI bank for my personal loan .I have just enquired about the loan and i did not submit the documents . The loan amount i was looking for was 7 lakhs ad the interest rate is 14.49% which is very high so I have canceled the request. I am not satisfied the customer service and responses.,
      Was this review helpful? 0
      , new delhi
      Reviewed on May 17, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The service was good from the Citibank in regards to my personal loan application. I have got the loan amount within a week time. The customer support service and the response is good from the Citibank. The rate of interest and the charges are average here.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 16, 2018
    • Citibank Personal Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Citibank. The customer services and response was prompt. The process is good and on time and the loan amount I received was as needed. The rate of interest was of 10.99% and the processing fee is minimal. Satisfactory overall.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 14, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have tried getting the personal loan from the Citibank. I have got better loan amount with the good interest rate so that was the reason I have cancelled the personal loan application with Citibank . The customer support service and the response is good with the Citibank and they gave me good approach in regards to my personal loan.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on May 14, 2018
    • Citibank Personal Loan
      "Interest was high"
      0.5 4.5/5 "Excellent!"
      I had taken a personal loan from CITI bank and the approved loan amount was 2 lakhs.The interest was 15% which was very high. The monthly EMI is 8000 for 3 years. But i have close the loan by part payment. There was no part payment charges with CITI.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 13, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I was in need of a personal loan for which i have applied, where i had a nice experience with them. It was a good response that they had given for my application. Even the rate of interest which they where offering during that time was very minimum compared to the other banks which was available in the market.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 12, 2018
    • Citibank Personal Loan
      "Unhappy with the services"
      0.5 1.0/5 "Really Bad"
      The personal loan at Citibank was not up to the mark. After collecting the documents they have informed me that their bank is not available in my area. The bank needs to be more flexible. Not sure on the rate of interest and processing charges.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on May 12, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have chosen this particular institution since because of the interest rate which they were offering was very low during that particular time. The whole process was even good with them where i did not faced any hassles. From the customer service team there has been frequent calls and follow ups. I have applied for the loan for the marriage purpose.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 12, 2018
    • Citibank Personal Loan
      "Citi bank personal loan"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with CITI but it has got rejected since they need the local address proof and at the time of submitting my application. I had an out standing balance on my credit card. So i could not able to proceed further with my personal loan application.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 11, 2018
    • Citibank Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      The interest rate with this personal loan was quite good and comfortable. When i was having the conversation with the customer service executive of the bank, but there was no follow ups from their side. It was not satisfactory experience overall.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 11, 2018
    • Citibank Personal Loan
      "No response"
      0.5 3.0/5 "Satisfactory"
      It has not been a very good experience with Citibank. I had applied for a personal loan. It was a complete zero response and I was not informed the details as well as to why the loan was closed. I only got a SMS that it is declined. No paper work was collected.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 11, 2018
    • Citibank Personal Loan
      "Unhappy with the services"
      0.5 1.0/5 "Really Bad"
      I had applied for a personal loan with Citibank and I just got one call informing me that the application has been submitted. After which the verification did not happen and there was no information as to why the loan got declined. Not sure on the interest rate and charges.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 11, 2018
    • Citibank Personal Loan
      "Need to be clear in the process"
      0.5 1.0/5 "Really Bad"
      I had applied for a personal loan with Citibank. It has not been a good experience. Though I provided all the documents, the loan was not processed. I was also not given a valid reason as to why I could not get the loan. I am not sure on the interest rate and processing charges.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 10, 2018
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