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    We found 1 Citibank Personal Loan Eligibility
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 17.99% Fixed
    0
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher Accelerated Approval
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    Citibank Personal Loan Eligibility is Rated as "Great!" by 2927 Users

    Fees & Charges

    Promised Interest Rate

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    Personal Loan BYTES FROM OUR KITCHEN
    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

    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.

    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. Can be more supportive"
      0.5 3.0/5 "Satisfactory"
      The experience with Citibank is good. I got the personal loan on time. After the documents was collected, I received the loan in three to four days. The loan was as needed. The rate of interest is around 13% and the processing fee is 750. When I applied for the loan, I was told it is a zero fee. I have submitted all my documents on time. Later they needed another document and I was not in town to submit it, due to which I had to pay a fee finally as the cut off date was over.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 25, 2019
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my personal loan with CITI bank previously,now i have closed this loan , they have given me good loan amount, as per my requirement,and the rate of interest they have charged me was nominal,and even processing fee was nominal,so far their service was good, they have not taken any hidden charges.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 23, 2019
    • Citibank Personal Loan
      "very good"
      0.5 4.0/5 "Great!"
      This time no require for any loan nothing reason for closed my citi bank personal loan everything is good rate of interested and loan amount and their customer service provided is good and response properly I was satisfied with citi bank ,
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 22, 2019
    • Citibank Personal Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      There is no particular reason for taking the personal loan with the CITI BANK. I got the loan amount with this institute which was good also i got the loan amount within 3 working days added on that the documentation process was simple and easy to get the loan. The rate of interest also the processing fee was good with this loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 22, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken this loan a pretty long time back and the process in getting this loan was pretty good. The loan amount which they had provided was satisfactory and the interest rate with them had been nominal when compared with the other banks and i had closed this loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • Citibank Personal Loan
      "Awesome customer support"
      0.5 5.0/5 "Blown Away!"
      I done personal loan foreclosure in CITI bank, they have charged some processing fee. The process was hassle free for the closure, it was easy too. Because I didn't appear to to close my loan, I gave my cheque to my brother, he went and done the process, the bank have approved it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 21, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had chosen to go with them since they where offering me a Personal loan with a less rate of interest. The process in getting this loan was quite easy and they where very much professional in carrying out things. They had clearly explained me with everything and the charges which they had made was nominal.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 17, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience i had with this loan was pretty good, where the loan amount which they had provided has been sufficient. The interest rate with them has been quite nominal and the charges which they had made has been fine. The verification process through them had also been good.
      Was this review helpful? 1
      , new delhi
      Reviewed on Mar 17, 2019
    • Citibank Personal Loan
      "Excellent service and good customer support"
      0.5 5.0/5 "Blown Away!"
      I took top up loan from CITI bank, initially I took it for Rs. 1 lakh then I finished that loan. Again bank offered Rs. 1.47 lakh for the duration period of 24 months, the interest rate is reasonable, I took it for 18%, the support of CITI is very satisfactory, within 30 min they credited the amount.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 12, 2019
    • Citibank Personal Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      I took a personal loan in CITI BANK for twice. I have chosen mainly because of interest rate is competitive and the service was very nice. There was a processing fee which was minimal. I have already paid the EMI's and closed the loan. I opted 10L for 4 years.
      Was this review helpful? 2
      , pune
      Reviewed on Mar 09, 2019
    • Citibank Personal Loan
      "Experience is good"
      0.5 4.5/5 "Excellent!"
      I have a personal loan with Citibank and the process for the loan was done on time. I had no hassles to get the loan and the rate of interest and processing charges was nominal too. The documents was collected on time and in all no hassles. It was satisfactory.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on Mar 09, 2019
    • Citibank Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      It was a excellent experience with Citibank for the personal loan. I was getting married and I was in need of a loan, the best part is I got the loan of five lakhs in two hours. The process was super fast and the rate of interest and processing charges are nominal.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 09, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this loan was quite easy and convenient, comparing with the other banks they had done in much faster. The loan amount which they had provided was sufficient and the interest rate with them was pretty nominal comparatively. The charges which they had made has also been pretty much nominal as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 08, 2019
    • Citibank Personal Loan
      "Very good"
      0.5 5.0/5 "Blown Away!"
      my experience was good with citi bank for personal loan. I got the loan amount after 2 to 3 days after approval . The loan amount was for sufficient and rate of interest was nominal when compare to others . Customer service was good the response on the time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 07, 2019
    • Citibank Personal Loan
      "Good card"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with CITI bank. The loan amount was sufficient and based on my requirement they have given me the loan. The rate of interest they have charged is up to 13% which was nominal. Even the processing fee charged is nominal, the loan was on time, like the process was fast and as they have promised within 48 hours it was credited.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 07, 2019
    • Citibank Personal Loan
      "Good service and on-time credited"
      0.5 4.0/5 "Great!"
      CITI bank credited my personal loan within 7 days of time . From my side , I made one delay . I am overall happy with the ROI comparing with my other bank loans . Offering standard marker rate Interest in Citi bank .Good service and on-time credited
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 06, 2019
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It was a good experience with CITI bank personal loan, the process got delayed by 2 weeks and there was no specific reason. Loan amount was for Rs 5 lacs with nominal interest rate and tenure period is 5 years. Customer service was good and they responded on time.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 05, 2019
    • Citibank Personal Loan
      "AVERAGE"
      0.5 5.0/5 "Blown Away!"
      The reason for taking the personal loan with the CITI BANK is because they are offering with the lower rate of interest also the customer service is with quick response. The documentation process was simple and i got the loan within 2 days. the loan amount is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 05, 2019
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was approved with CITI bank and it was a good experience. Loan amount was for Rs 1.4 lacs for 4 years with nominal interest rate. The process was smooth and i received my loan amount in 7 days. Customer service was good and they collected documents on time.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 05, 2019
    • Citibank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      Paytm provides good services when compared to others in the market. I am using paytm services from long time. I get good cash back offers on paytm services and it is very useful. I did not find any transaction issues in paytm and the mobile app is easy to use.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 04, 2019
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