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 2328 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 services"
      0.5 4.0/5 "Great!"
      The experience at Citibank is good for the personal loan as they contacted me on time and informed the details. I did not go ahead as I changed plans. The rate of interest and processing charges was normal and in all it was a good and without any inconvenience.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      Citibank was good in the response as they contacted me on time after I applied for a personal loan, The expected loan amount was sanctioned on time, The rate of interest was not satisfacatory becasue other bankers are doing less than 11%. For preclosure they charge 3%.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "Hassle free"
      0.5 5.0/5 "Blown Away!"
      I had personal loan with CITI bank, I like their processing and paper less documentation process. CITI interest rate was nominal, I took the amount of Rs.5 lakhs for the tenure of three years. They gave me pre closure and part payment without any charges.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "EXCELLENT"
      0.5 4.5/5 "Excellent!"
      My earlier experience with Citibank has been better than the current experience. Because my personal loan was disbursed as promised, more over it was a larger amount. The rate of interest was also nominal and I got to pre close the loan and I was not charged a fee.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "SATISFACTORY"
      0.5 3.0/5 "Satisfactory"
      Citibank was not at par with the rest of the market. Since I started my process with them, that is why I went ahead. They took a little more than a week to complete the personal loan. They took 72 hours to contact me after applying after which another two days to collect the documents and after which few more days again for the disbursement. They are high in the processing fee and they also charged a additional fee. They even have a fee for the pre closure.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "Not recommendable"
      0.5 2.5/5 "Just OK"
      It was not a good experience with Citibank for the personal loan. I was not getting what I was told. I was told initially that I would get a interest rate of around 10.99% and at the disbursement I was informed that the interest rate is of 12.99% and I am not happy with that. I was not in the situation to cancel the loan too. Then there was a option of a part payment and foreclosure with a zero fee. Later I was told that the part payment can be done only after a year and I can a maximum of five EMIs. Like wise there would be a fee of 3% for the foreclosure. More than all, is I was told that I would get 12 lakhs and at the end I was given only 6.5 lakhs. Due to this I had to arrange the balance funds by taking another loan from another bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "High on charges and ROI"
      0.5 4.0/5 "Great!"
      Citibank was good in the response as they contacted me on time after I applied for a personal loan. I did not go ahead as I got a better deal from another bank. The interest rate was around 12.5% and the processing charges was high too when compared to another bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Good customer service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from CITI bank, i am happy that my loan application was approved and the required amount was sanctioned. The customer service is good and they were very helpful, the process was easy, smooth and fast. They provided door step service to collect the documents. Further, I am very much satisfied with the rate of interest.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "High on the ROI"
      0.5 4.0/5 "Great!"
      The services was good from Citibank. I received a call after I had applied for a personal loan. The team explained the details to me. I did not go ahead with the bank is because rate of interest is very high and the processing charges were high too.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from Citi bank, i am happy that my loan amount was disbursed. When it comes to customer service, it was good and they were very helpful, the process was smooth and easy. They also provided door step service for the collection of documents. The rate of interest is high when compared to all other banks, i was in need of urgent loan so i got it from Citi bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      I have already taken the CITI bank personal loan like its a kind of top up and the rate of interest was around 14%. I would like to say that the response was fine one with the CITI bank and I have not faced any issues with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Best"
      0.5 5.0/5 "Blown Away!"
      Process was very nice with the CITI bank for the personal loan, also they have credited the loan amount in a week of time. I would like to say that the response was okay with the CITI bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from CITI bank, i am happy that my required loan amount was approved and disbursed. As soon as i applied for the loan, they called me immediately, the process was smooth and fast, my loan was approved within 3 days. They provided a door step service for the collection of documents and i am also satisfied with the rate of interest.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 15, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The service is good with Citibank. They gave prompt response in regards to my personal loan application. The required loan-amount has been disbursed and I ma satisfied with it. The rate of interest is nominal with Citibank when compared with others. I am satisfied with the loan amount.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The service is not up to the mark with Citibank personal loan process. There was so much of delay. The customer support has collected my documents on time, but they haven't disbursed my loan amount within the promised time. The required loan amount has been disbursed and I am satisfied with it.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      The Citibank personal loan service is good. They have disbursed my loan amount within a week time. The rate of interest is nominal with Citibank when compared with other banks. The required loan amount has been given and I am satisfied with it.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      The Citibank personal loan service is good . They have disbursed my loan amount within the promised time. The customer service is good with Citibank. The rate of interest is average with Citibank. I would say I am satisfied with the Citibank service.
      Was this review helpful? 0
      , noida
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I applied for a personal loan with CITIBANK. They contacted me within 2 days and collected my documents and took 10 days to disburse the personal loan with the rate of interest of 12.49% which I feel is high and usually I used to get calls saying that personal loans are available at 10 - 11% as rate of interest but here it is high in CITIBANK. The processing fees is also around Rs. 2000 - Rs. 3000.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have approached CITI BANK for a personal loan, they responded well. The process was quite normal and easily approachable. Documentation was collected by the executive at doorstep, They have sanctioned loan on time within 4 to 5 working days. Rate of interest is little higher.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 14, 2017
    • Citibank Personal Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      Loan process was pretty good with CITI Bank. The documentation collected by the executive at door step. They have sanctioned the loan within 2 days. Rate of interest was lower compare to the other bankers. initially I have requested for a call back in the evening but nobody turned up, after that i had proper followup. Overall it was Excellent.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 14, 2017
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