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 2551 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!"
      My personal loan application was approved with CITI bank and the experience was quite good. The process was very smooth and easy, my loan amount was approved within 1 week. Customer service was fine, there were no issues with them and they followed up correctly. They provided door step service to collect the documents. The rate of interest of 11.5% is nominal when compared to other banks.
      Was this review helpful? 0
      , mumbai
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Great Experience"
      0.5 5.0/5 "Blown Away!"
      I like the CITI BANK service. They called me on time, everything was good. The response was fast. The rate of interest was not high compared to other banks. The disbursement was on time. The documents are collected at doorstep. The part payment and pre closure options are average.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with CITI Bank. The loan amount was 1.23 lakhs and the interest rate was 12% which was average in the market. They have sanctioned the loan with the committed time and the pre closer is after 1 years. My experience was very good here.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with CITI Bank. He loan amount was 1.23 lakhs and the interest rate was 12% which was average in the market. They have sanctioned the loan with the committed time and the pre closer is after 1 years. My experience was very good here.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Not good"
      0.5 3.0/5 "Satisfactory"
      I have my personal loan with CITI bank . The process was not that good since they have taken a week of time for disbursing the loan amount even after the continuous followups.I have taken 10 lakhs and the interest rate was 11% which was bit high than other banks.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 4.5/5 "Excellent!"
      Citi personal loan service was good ,the interest rate was reasonable by compared to the market value also the process was very fast with citi personal loan department and the customer support was good ,I am very much happy with the service of citi personal loan service.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 08, 2017
    • Citibank Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      I have taken1 lakh personal loan with CITI Bank . The tenure period was 3 years and the interest rate was 10.99% which was satisfactory . The customer service and responses was up to the mark. They have sanctioned the loan with the committed time and they have provided door step service for collecting document .
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Excellent"
      0.5 4.5/5 "Excellent!"
      I have my personal loan with CITI bank 5.69 lakhs and the interest rate was 13.25%. The tenure period was 5 years . The loan process was good and smooth. They have sanctioned the loan with the committed time and the processing fee was nominal .
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved with CITI bank and it was a good experience overall. When it comes to customer service, it was good and they responded on time, documents were collected door step. The process was quite smooth and it took 1 week for the loan amount to get approved.The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from CITI bank, my loan application was approved but the requested amount was not disbursed. I have requested loan for Rs 10 lakhs but they approved loan only for Rs 9.86 lakhs. The process was not good at the initial stage as there was too much of bargaining done and too many terms and conditions. I paid 0.5% excess for processing fee whereas i am supposed to pay only 2.25%. Customer service part was good, they provided door step service to collect the documents. The process was smooth and the loan amount was approved within the given time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Best banking"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with Citi bank the loan amount is there lakhs,rate of interest is high as compared to other banks.The executives shared the complete details of the loan.They took almost 20 days to complete the process.Its hassle free banking with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Not bad"
      0.5 3.0/5 "Satisfactory"
      I have my personal loan with CITI bank. The loan process was bit slow . They have taken much time and I have followed 10-15 days of time for the approval. The loan amount was 2 lakhs and the interest rate was 12.99% which was average in the market . They have provided door step service for collecting documents and the processing fee was also very much nominal.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with CITI bank.The loan amount is 5.85 lakhs ,Rate of interest is low as compared to others.The process was very quick and they completed within few days,i am happy about the service.Net banking is convenient to use.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Excellent service"
      0.5 4.5/5 "Excellent!"
      It was a good experience with citi personal loan service ,the experience was good with citi personal loan department. The process was very fast with citi bank personal loan process compare to others in the market and the rate of interest they offered me was 12.5% which was higher than the market value.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2017
    • Citibank Personal Loan
      "Best 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 process was very smooth and easy, it took 5 days for the loan amount to get approved. Customer service was prompt and they followed up om time, documents were collected door step. There is no charges on part payment unlike the preclosure. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 06, 2017
    • Citibank Personal Loan
      "Great"
      0.5 5.0/5 "Blown Away!"
      They offered interest rate of 12.9%, when I compared with other banks which was little bit okay. The loan process was good. The customer service and response was satisfactory. The executive came to the place on committed time and collected the documents. After approval they took 4 to 5 days for the disbursement. I make the EMI payment through internet banking.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 06, 2017
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with CITI Bank. The interest rate was 11.74% which was bi8t high in the market and the tenure period was 5 years. The customer service and responses was good.They have provided door step service for collecting documents.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 06, 2017
    • Citibank Personal Loan
      "Best"
      0.5 4.0/5 "Great!"
      Rate of interest was around 10.99% for the personal loan with the CITI bank. I would like to say that the customer service was fine one with the CITI bank for the personal loan and the processing charges were lesser one, when compare with other bankers.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 06, 2017
    • Citibank Personal Loan
      "Hassle Free"
      0.5 5.0/5 "Blown Away!"
      I got smooth service from CITI bank, they have sanctioned my loan amount on time, I have done the online process of documentation its good. Even the Interest rate is quite nominal , I took the amount one lakh for the tenure of one year. I am satisfied with them.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 05, 2017
    • Citibank Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with CITI bank. The loan amount was 3.4 lakhs and the interest rate was 13% which was high in the market . The tenure period was 5 years and I had very good loan process here . The processing fee was nominal and they have door step service for collecting documents . My overall experience was very good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 05, 2017
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