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 0.5%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    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 2527 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 service"
      0.5 4.0/5 "Great!"
      I had closed my personal loan with Citi Bank. The interest rate was high but service wise they are pretty good. They provided a door step service for document collection. They do charge for pre closure. They have sanctioned the loan on time.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Nov 23, 2017
    • Citibank Personal Loan
      "Good Communication"
      0.5 4.0/5 "Great!"
      The communication put forth by Citibank in regards to my Personal Loan was good. They called me on regular interval and gave me good amount of informations. Their Rate of Interest of 12.99% is pretty good. They informed me the reason for not getting the Loan, which I was okay with. They are top notch Bank with good communication.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 22, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The service was fine with citi for my personal loan service but there is no proper response from citi they called me but I was busy that time they said they will call me after ten days but no response from citi bank executives there is no clarity with the service no proper communications with citi executives of CITI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 22, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The Citibank personal loan service was good and I got the required loan amount. I got the loan amount within a day time. My personal loan was pre approved. I never submitted any documents with Citibank, but they have approved the loan immediately. The customer support is excellent with Citibank.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 21, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from Citi bank, my loan application was closed because i have taken loan from the Citi bank credit card and not from the Citi bank. The customer service was good and they responded on time, i liked their way of approaching. The rate of interest is way high when compared to other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 20, 2017
    • Citibank Personal Loan
      "No response"
      0.5 1.0/5 "Really Bad"
      I applied for a personal loan with CITI bank but i did not got any proper response from the bank end. Thus my application got closed. I waited for there call and no one from the bank end turned up till now. The customer service and response of the bank is not up to the mark.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 20, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      I have applied for the personal loan from Citi bank, my loan application was closed because there was no proper response from the bank. They have sent an OTP code to my official email id, but i did not receive any OTP code and also i have requested for address change. Customer service was good but there was no proper response. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 20, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      It was a good experience with CITI bank for my personal loan service but I am disappointed that there is no proper information was provided during the process but the customer service was prompt and the interest rate they offered me was fine when compared to others it was nice service from CITI bank for my personal loan service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 20, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with CITI bank. They collected the documents within the same week after submitting the application through online. My personal loan got approved and disbursed my funds very lately because there was problems in documentation from my end. They offered me the loan with 0.5% as the processing fees which I feel it's nominal and I don't exactly remember the rate of interest.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 18, 2017
    • Citibank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Citibank has processed my personal loan on time and the customer services are excellent. The process was very convenient and the loan amount disbursed is also good. There are no hassles and I am very much happy with the banking services as they have always been perfect.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 18, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from Citi bank, my loan application was closed becausei have taken the personal loan from other bank. The customer service was good and i liked the ways they responded, they followed up on time. The only issue was the rate of interest which is high when compared to other banks.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 18, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with CITI bank the service was very good with CITI bank but I was not required with the loan service currently they quoted me with a better interest rate and the customer service was also good it was totally a good experience with CITI for my personal loan service.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was been eight months I using the personal loan service from CITI bank they offered me a loan amount of 1.82 lakhs. The customer service was good compare to others they offered me a interest rate of 13.49 which was fine compare to others it was a good experience with CITI bank for my personal loan service.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Disappointed service"
      0.5 3.0/5 "Satisfactory"
      I have given all the details to the Citibank , but I haven't got any response from Citibank in regards to my personal loan application and I got disappointed with their bank service. The rate of interest and the charges are low with Citibank when compare with others.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The Citibank never gave any call in regards to my personal loan application, The rate of interest which was offered by Citibank was low when compared with others, The response part need to be improved with Citibank. The follow up need to be focused with Citibank
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from Citi bank, my loan application was approved and the requested amount was disbursed. The experience was very nice and my loan amount was approved within a week. Customer service was very good and they responded on time. No documents were required as i already hold a salary account with this bank. The process was very smooth and easy. Rate of interest of 12.24% is best rate in the market.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Needs to improve"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from Citi bank, my loan application was closed because there was an issue with my CIBIL score. When it comes to customer service, they just called once and there was no further follow up done, they did not respond. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Zero response"
      0.5 1.0/5 "Really Bad"
      Citibank has not contacted me for the personal loan. It has not been a good experience as I got no response from the bank to acknowledge my details. I have no information on the interest rate and charges. It would be better if the bank contacted the customer in time of need.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 17, 2017
    • Citibank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My personal loan experience with CITI bank was good, they provided door step service for the collection of documents, the process was very smooth and easy. Customer service was best and they responded well. The loan amount was for Rs 2 lakhs with the rate of interest of 12.00% which was the best rate in the market.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2017
    • Citibank Personal Loan
      "Need Improvement"
      0.5 1.0/5 "Really Bad"
      When I have applied personal loan from Citibank I haven't got any call back from Citibank, in regards to my personal loan application. The rate of interest which Citibank was offered was average when compared with others. The response part needs to be improved with Citibank.
      Was this review helpful? 0
      , noida
      Reviewed on Nov 16, 2017
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