Multiple banks. Different interest rates. Call it a "conflict of interest".
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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
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    Good to Know
    Eligibility Criteria
    Customer Reviews
    Citibank Personal Loan Eligibility Calculator is Rated as "Great!" by 2189 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.

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  • Citibank Personal Loan Eligibility Calculator Reviews

    • Citibank Personal Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      My experience is very good with the CITI bank for the personal loan. The loan amount got disbrsed within five to six days of time. I would like to say that the customer service is okay one for me with the CITI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2017
    • Citibank Personal Loan
      "Poor response"
      0.5 3.0/5 "Satisfactory"
      I received a call from the CITIBANK executive when i was in a meeting and asked him for a call back. But he never called me later and i waited for his call. Then i did a follow up call to him regarding the loan and i requested to reduce the rate of interest from 13.99% to 12 but he refused and i closed the application.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 22, 2017
    • Citibank Personal Loan
      "Not Approachable for personal loan"
      0.5 4.0/5 "Great!"
      I applied for a personal loan with CITIBANK. The provided rate of interest was 12.75% with a processing fees of 2.7% of the loan amount so it may really comes around 20000. So cancelled the request with CITI bank and applied with HDFC bank were they provided me with low rate of interest and 1.2% processing fee.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 22, 2017
    • Citibank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      It was not a very good experience with Citibank for the personal loan and the process was very lengthy. The whole process took around 40 days. The bank as such is good but this kind of delayed process is not appreciated. The interest rate and charges is also not satisfactory.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 22, 2017
    • Citibank Personal Loan
      "Not bad"
      0.5 3.0/5 "Satisfactory"
      I have approached CITI bank for my personal loan.Their rate of interest was 15-16% which is high when comparing to other banks in the market and they wont decrease the interest rate so I have cancelled the request. Their customer service and responses was up to the mark . My overall experience was not bad.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with CITI bank. I am really satisfied with their rapid process and excellent customer service. My personal loan process was hassle free .They have provided door step service for the documentation collection and understood my urgency which was satisfactory. However the rate of interest was 11.25% for 5 lacks which is bit high than standard charter bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Looking for better offer"
      0.5 4.0/5 "Great!"
      I have requirements around 20 lakhs but CITI bank ready to sanction the amount of Rs.10 lakhs. There was no use to take low principal . Hence I dropped the plan because my needs was not fulfilled. I would like to suggest them to process high principal amount.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Response part should be improved"
      0.5 3.0/5 "Satisfactory"
      When I applied for the loan I didn't get the call from CITI for the documentation collection. I would like to suggest them to proper response part on customer request, what ever it may be their executive should call and confirm their requirements.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      Rate of interest is really okay one with the CITI bank for the personal loan but the processing charges were really huge one and that's the reason, why I have not taken the loan from them. Rest of the things are really fine.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The excepted loan amount was not approved by Citibank, so that was the reason I have got the loan from Citibank. The rate of interest is nominal .the customer service gave prompt response in regards to my personal loan application. I could say I am fine with the service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Fast process and high ROI"
      0.5 5.0/5 "Blown Away!"
      The process was good at Citibank for the personal loan. I got the loan within two days. It was that quick as I am privileged customer of the bank. The interest rate was high. It was around 12.49% and the processing charges was normal. The rate could have been lesser.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for a personal loan application with Citibank. And later i did not had any requirement for the personal loan and i cancelled the application from my end. I did not had any conversation with the CITI bank team regarding the loan application.
      Was this review helpful? 0
      , greater noida
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have approached CITI bank for my personal loan. They were ready to sanction my loan but due to my personal reason I have postponed it other than that my experience was good and I would like to recommend it to others because their rate of interest was 10.59% which was satisfactory and they provide door step services for the documentation collection.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Not too EASY"
      0.5 2.0/5 "Expected more"
      With CITIBANK i have applied for a personal loan and i did not received any response from the bank end. A good service provider should be responsible for every individual customers. They should have properly responded at the right time. Since i have applied a loan with INDUSIND BANK.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have withdrawn the personal loan proposal at present so that was the reason I haven;t got the loan with Citibank bank. I have already told to Citibank executives that I am not requirement at present, The rate of interest is high when compared with others.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "For personal Loan its poor service"
      0.5 1.0/5 "Really Bad"
      I applied for a personal loan application with CITIBANK were i hold my salary account for the past 7 years. The rate of interest promised by the bank is 10.99%. Their is no partial payment or any preclosure option available with the bank. So i am very much disappointed with the response given for my personal loan application and i cancelled the loan and took it from one of the competitors.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Process is quick and high ROI"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from Citibank and the process was good as I got the loan within couple of hours. The documentation was simple as well. The interest rate and processing charges could have been lesser, at least because I am a existing customer and when in comparison with other banks. I got a rate of 11.99%, there were banks offering me around 10%.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      At the time when I have applied for the loan I have different plans so that was the reason I haven't got the loan from Citibank and I have postponed the personal loan plan as well. The customer service was good with Citibank. The rate of interest is nominal and same when compared with other banks.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Nice experience and fast process"
      0.5 5.0/5 "Blown Away!"
      Citibank has been really good in the process of a personal loan. It served my need of taking a loan. I got the funds on time and the interest rate and processing charges was on the higher side. The after loan services are also good and on time and smooth.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 20, 2017
    • Citibank Personal Loan
      "Average"
      0.5 4.0/5 "Great!"
      I would like to say that the rate of interest for the personal loan with the CITI bank and the customer service was good one with them. I would like to say that the loan amount got disbursed to my account within two weeks of time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
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