Multiple banks. Different interest rates. Call it a "conflict of interest".
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% - 16.99% Fixed
    Up to 0.5%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,000 Amazon Voucher Ad
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    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    Citibank Personal Loan Eligibility Calculator is Rated as "Great!" by 2599 Users
    Personal Loan BYTES FROM OUR KITCHEN

    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
      "Very good"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with CITI Bank. The loan amount was 5 lakhs and the Interest rate was 11.99% e which is satisfactory . The tenure period was 4 years . The customer service and reposes was up to the mark., They have provide door step service for collecting document,
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 20, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It was good experience with Citi Bank on my personal loan. The rate of interest and charges are nominal. The customer service and response was pretty good. They provided a doorstep service for the documentation. The loan disbursement was on time.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 19, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The customer support service is good with thew Citibank and they have disbursed the loan amount with in 5 days of time. The rate of interest and the charges are nominal with citibank when compared with others. The requested loan amount has been disbursed and I am satisfied with it.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 19, 2018
    • Citibank Personal Loan
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      I do have the personal loan with the CITI bank and the rate of interest is around 11% and their customer service is good as well. The loan amount got disbursed within three to four days of time. Responsiveness and other things are really good one with the CITI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 19, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The loan process was done within a week time from Citibank. The required loan amount has been disbursed and I am satisfied with it., The customer support service is average with the citibank. The rate of interest is high with the Citibank when compared with other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 18, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan within a 2 days of time. The customer support was prompt with the Citibank. Their executives came to my place to collect the documents. The required loan amount has been given and I am satisfied with it. The rate of interest and the charges are low when compared with others.
      Was this review helpful? 0
      , noida
      Reviewed on Jan 18, 2018
    • Citibank Personal Loan
      "Perfect service"
      0.5 5.0/5 "Blown Away!"
      The Citibank personal loan team was quite professional , they helped me to get the loan as soon as possible , they were prompt in providing response and they were updating about the status of the product ., the required loan amount has been issued on it and I am satisfied with it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 18, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      It was easy process to get a loan with citibank via a channel partner. I got the loan amount within 15 to 20days of time. There was few miscommunication happened from my end so that was the reason for the delay. The rate of interest and the charges are average when compared with other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 16, 2018
    • Citibank Personal Loan
      "Best banking"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with CITI bank,they have given a loan amount of 10 lakhs ,rate of interest is nominal as compared to others .The tenure is 5 years.I had submitted documents as well agent has come home and collected documents.Net banking is good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 16, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My Personal loan application was approved with CITI bank and it was a better loan experience. The loan amount is for Rs 6.5 lakhs with the rate of interest of 12.49% which is nominal when compared to other banks. The process was smooth and i received my loan amount within 1 week. Customer service was good and they provided door step service to collect the documents. The processing fees was 2% which is quite high and the tenure of this loan is 4 years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 15, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My Personal loan application was approved with CITI bank and it was a better loan experience. The loan amount is for Rs 6.5 lakhs with the rate of interest of 12.49% which is nominal when compared to other banks. The process was smooth and i received my loan amount within 1 week. Customer service was good and they provided door step service to collect the documents. The processing fees was 2% which is quite high and the tenure of this loan is 4 years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 15, 2018
    • Citibank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved by CITI bank and the experience was good. The process was quick and i received my loan amount within 1 week. Customer service with CITI bank was very good, they provided door step service to collect the documents and their response was on time. They charged very less processing fees, the loan amount was for Rs 5 lakhs with the rate of interest of 12.49% which is nominal rate. The tenure of this loan is 5 years and it was overall a good service from CITI bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 15, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Citi Bank through online channel. They offered a good interest rate. I got 3.2L as a personal loan and it was taken for a duration of 4 years. The customer service and response was good. I am paying monthly 8,600 rupees through ECS.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Jan 12, 2018
    • Citibank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have my personal loan with CITI bank . The Interest rate was 12.75% which was low than other banks In the market. The customer service and responses was up to the mark. The tenure period was 1 year and the loan process was very good. The processing fee was nominal here. My overall experience was excellent.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 12, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The services are very faster with Citi Bank. The rate of interest was 12.99% which was nominal compared to other banks. They charged processing fee as well. The executive came to the office and collected my documents. There is a locking period for one year after than I can do the fore closure with some charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 11, 2018
    • Citibank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My personal loan experience with CITI bank was good, the loan amount was for Rs 2 lakhs with the nominal rate of interest when compared to all other banks. This was a preapproved loan so i got my loan amount within 24 hours. Customer service was good and they responded on time. The tenure of this loan is 2 years and it was a good service overall from CITI bank.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jan 10, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from CITI bank and it was a very good loan experience. The loan amount was for Rs 5 lakhs with the rate of interest of 12.25% which is nominal rate. The process was very quick and i received my loan amount within 30 minutes as this was a preapproved loan. Customer service was good and they followed up correctly. The processing fee was nominal and the tenure of this loan is 5 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 10, 2018
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have my personal loan with CITI bank. The loan amount was 1.5 lakhs and the Interest rate was 10.99% which is average In the market.The tenure period was 1 year and the loan process was very good. They have provided door step service for collecting document and the loan approved on time. My overall experience was good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 09, 2018
    • Citibank Personal Loan
      "Best"
      0.5 4.0/5 "Great!"
      11.99% is the rate of interest with the CITI bank for the personal loan, which I have got. Customer service is good one for me and I am really satisfied with their interest rate. Processing charges are also fine one for me with the CITI bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 09, 2018
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have closed the personal loan with the CITI bank and the interest rate was good one with them. I would like to say that the response is good one for me with them. There are no issues with them till now and the processing charges are good too.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 09, 2018
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