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    Citibank Personal Loan

    Citibank offers personal loans between Rs.25,000 and Rs.30 lakh at interest rates starting from just 10.99%. The maximum repayment tenure of the loan can extend up to 60 months, and the processing fee charged can be up to 3% of the loan amount.
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    We found 1 CitiBank Personal Loan
    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
    Accelerated Approval
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    Citibank Personal Loan is Rated as "Great!" by 2975 Users

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    Promised Interest Rate

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    Personal Loan BYTES FROM OUR KITCHEN

    Citibank Personal Loan Fees and Charges 

    Loan Amount  Minimum: Rs.25,000  Maximum: Rs.30 lakh 
    Tenure  6 months to 60 months 
    Interest Rate  10.99% to 18.99% 
    Processing Fees  Up to 3% of the loan amount 
     

    Citibank Interest Rates for Salaried Individuals  

    Income  Loan Amount  Interest Rate  Processing Fee
    Less than Rs.60,000 per month (net take home salary)  Less than Rs.5 lakh  13.50% to 14.50%  0.99% to 2% 
    Rs.5 lakh to Rs.10 lakh  12.75% to 13.75%  0.99% to 2% 
    Rs.10 lakh and above  11.75% to 12.75%  0.25% to 0.50% 
    Rs.60,000 to Rs.1 lakh per month (net take home salary)  Less than Rs.5 lakh  13.25% to 14.25%  0.99% to 2% 
    Rs.5 lakh to Rs.10 lakh  12% to 13%  0.99% to 2% 
    Rs.10 lakh and above  11.24% to 12.24%  0.25% to 0.50% 
    Rs.1 lakh and above per month (net take home salary)  Less than Rs.10 lakh  11.24% to 12.24%  0.99% to 2% 
    Rs.10 lakh and above  10.99% to 11.99%  0.25% to 0.50% 
     

    For Self-Employed Individuals (Professionals) 

    Income (Gross annual take home salary)  Interest Rate  Processing Fee 
    Less than Rs.10 lakh  17% to 17.99%  2% to 3% 
    Rs.10 lakh and above  16% to 16.99%  2% to 3% 
     

    For Self-Employed Individuals (Non-professionals) 

    Income (Gross annual take home salary)  Interest Rate  Processing Fee
    Less than Rs.10 lakh  17.99% to 18.99%  2% to 3% 
    Rs.10 lakh and above  17.49% to 18.49%  2% to 3% 
     

    Why Choose Citibank Personal Loan? 

    Citibank personal loans can be the best options for a variety of reasons. Here are some of the key features and benefits of Citibank personal loans: 

    • Loan amounts up to Rs.30 lakh 
    • Quick disbursal in just 48 hours 
    • Availability of part pre-payment facility  
    • Attractive interest rates starting from just 10.99% p.a. 
    • Minimal documentation for existing Citibank customers 
    • Flexible repayment options ranging from six months to 60 months 
     

    Citibank Personal Loan Eligibility Criteria 

    The following are the eligibility criteria for Citibank personal loans: 

    Age  23 years to 60 years for salaried individuals, and 25 years to 65 years for self-employed professionals 
    Employment Type  Salaried or self-employed 
    Net Salary  Rs.25,000 per month for salaried applicants, and Rs.5 lakh in gross annual receipts for self-employed professionals 

    Documents Required for Citibank Personal Loan 

    Here are the documents you will have to submit when applying for a personal loan from Citibank:  

    Criteria  Salaried Individuals  Self-employed Individuals 
    ID Proof 
    • PAN Card 
    • Aadhaar Card 
    • Driving License 
    • Voter’s ID  
    • Passport 
    • Photographs 
    • PAN Card 
    • Trade License with photograph  
    • Driving License 
    • Voter’s ID  
    • Passport 
    • Photographs 
    Address Proof 
    • Driving License 
    • Voter’s ID  
    • Aadhaar Card 
    • Passport 
    • Utility bills from the past 3 months 
    • Ration card 
    • Rent agreement or lease deed or property registration document 
    • Bank account statement for the past 3 months 
    • Latest income tax returns 
    • Driving License 
    • Voter’s ID  
    • Aadhaar Card 
    • Passport 
    • Utility bills from the past 3 months 
    • Ration card 
    • Rent agreement or lease deed or property registration document 
    • Bank account statement for the past 3 months 
    • Latest income tax returns 
    Age Proof 
    • Birth Certificate 
    • Passport 
    • School or College Leaving Certificate  
    • PAN Card 
    • Voter’s ID 
    • Company ID 
    • Birth Certificate 
    • Passport 
    • School or College Leaving Certificate  
    • PAN Card 
    • Voter’s ID 
    Employment/Business Proof 
    • Letter from employer 
    • Form 16/pay slips 
    • Rent receipts or lease deed 
    • Utility bills 
    • Bank statement for the past 3 years 
    • Ownership document 
    Income Proof 
    • Latest salary slips 
    • Bank statement for the past 3 months 
    • Latest Form 16 
    • Profit and Loss account 
    • Income tax returns for the past 2 years 
    • Balance sheet 
    • Bank statement for the past 6 months 
    • Audit report 
     

    Citibank Personal Loan Penalties and Charges 

    Late Payment Charges  Nil 
    Preclosure Charges  Up to 4% of the overall outstanding amount 
    Stamp Duty  Depending on prevalent state laws 
     

    Citibank Personal Loan FAQ 

    What are the reasons for which I can take a Citibank personal loan? 

    Citibank offers personal loans for a variety of reasons such as home renovation, meeting wedding expenses, debt consolidation, travel, etc. However, the regulations set forth by the Reserve Bank of India state that you cannot use the funds for any speculative, unlawful, or antisocial purposes.  

    How long does it take for my Citibank personal loan application to be approved?  

    Citibank usually takes a few hours to process your loan application and decide whether it is approved or rejected. However, there could be situations where the bank may require more information before the application is processed and that may take a couple of working days. 

    When will the EMI payments for my Citibank personal loan start? 

    In case you apply for a Citibank personal loan in March 2019, the first EMI will have to be paid on 1st May, 2019. The commencement of EMI payments starts during the second succeeding month from the month in which the loan was taken.  

    Who can take a Citibank personal loan? 

    Citibank offers personal loans to salaried employees, business owners, and self-employed professionals. Customers of Citibank with a Branch, Suvidha, or a Mortgage relationship also qualify for a Citibank personal loan. 

    How do I pre-pay my Citibank personal loan? 

    Customers have two options when it comes to pre-paying their Citibank personal loans – Partial pre-payment and Full pre-payment. When you go in for a full pre-payment, the entire outstanding amount will have to be repaid in one shot. Partial pre-payment, on the other hand, will mean that you will be partially repaying some of the outstanding amount. Call the bank’s 24x7 helpline in order to make partial or full pre-payment.  

    Does the bank levy any late payment charges? 

    The due date to pay your EMIs towards your Citibank personal loan is the 7th day of each month. However, Citibank does not levy any late payment charges.  

    Are there any eligibility criteria for partial pre-payment? 

    In order for you to be eligible for partial pre-payment, you will have to have paid your EMIs for a minimum of 12 months, and your pre-payment amount must be equivalent to at least two EMIs and a maximum of five EMIs.  

        

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    CitiBank Personal Loan Reviews

    • Citibank Personal Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      Citi bank has lesser interest in the market, I availed personal loan based on the credit card. I got a call from their end then I availed the loan, the process was happened on time. The bank has part payment and foreclosure but some charges are applicable.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 25, 2019
    • Citibank Personal Loan
      "Great personal loan service"
      0.5 5.0/5 "Blown Away!"
      In 2012, i have taken my personal loan from CITI bank. Total tenure period is 4 year. They have provided me a interest rate which is average one. They have a processing fee of 2.5% and i paid the EMI for 4 years. I paid the loan amount of Rs. 3700 every month. I make the EMI amount through online.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 24, 2019
    • Citibank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Citi Bank and its good. I am paying them in a timely manner. The interest rate is very good and there was a processing fee. The loan duration is 3 years and have completed 1.5 years. I can do preclosure or partial payment and the charges are applicable of 5% on outstanding principal. Their eligibility criteria is very high.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on May 13, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken a Personal loan from CITI Bank a while back and the experience had been pretty good. The loan amount has been fine but the interest rate was pretty high than the market rate. The processing fee was nominal and the loan was closed. Their customer support team is quite helpful.
      Was this review helpful? 2
      , kolkata
      Reviewed on May 12, 2019
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My experience is good by taking the personal loan CITI bank , they have charge nominal rate of interest as per the market price, they have charge me processing fee but i have no idea how much they have charge me and the loan amount they have given me was sufficient, their is no problem with customer service team .
      Was this review helpful? 1
      , hyderabad
      Reviewed on May 09, 2019
    • Citibank Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Citibank. The customer services and response is good. The process to get the loan is good and the rate of interest and processing charges is normal too. The after loan services are also satisfactory. Good overall.
      Was this review helpful? 1
      , chennai
      Reviewed on May 08, 2019
    • Citibank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Citi Bank Personal Loan got the loan amount on 1and a half day The rate of interest and the processing fee was nominal ,since have Citibank salary account got the loan soon ,documents submitted ,the loan amount was sufficient ,I have applied for the loan amount of 5.8lakhs for 4years of tenure . still the loan is on process process.The agent gave all the required details of the loan .
      Was this review helpful? 0
      , chennai
      Reviewed on May 08, 2019
    • Citibank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan in CITI bank for more than a month. The loan amount was one lakh and fifty thousands but as per my expectation as not met.The rate of interest is nominal. When at an initial verification the process was good.On time I received a loan amount. The customer service is good and supportive.
      Was this review helpful? 3
      , bangalore
      Reviewed on May 05, 2019
    • Citibank Personal Loan
      "Need to reduce the interes rate"
      0.5 3.0/5 "Satisfactory"
      I have a personal loan with Citi Bank and its ongoing. The interest rate is not good, the customer service is fine. The loan tenure is 2 years and have done almost a year. The payment mode is ECS. The partial payment and foreclosure is applicable with charges of 4% on outstanding principal.
      Was this review helpful? 1
      , mumbai
      Reviewed on May 03, 2019
    • Citibank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I took my personal loan from CITI BANK. I got a good interest rate when compared to other banks. Actually they charged me a processing fee which is 3,000 rupees for the loan amount of 3L. The documentation process was simple and everything was fine. The loan tenure is 4 years.
      Was this review helpful? 1
      , chennai
      Reviewed on May 03, 2019
    • Citibank Personal Loan
      "Very lesser interest rate"
      0.5 4.0/5 "Great!"
      Citi bank offered me a personal loan with the affordable interest rate .I always prefer the Citi bank service is wiser among the other banks . They understand my requirement and taken just few days for sanction the loan . I am happy with the support given by the Citi bank .
      Was this review helpful? 4
      , pune
      Reviewed on Apr 29, 2019
    • Citibank Personal Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had selected CITI BANK for my personal loan since the interest rate has been less when compared with the other banks. The process in getting the loan was very smooth and the disbursement was on time. The loan amount has been fine and the processing fee has also been nominal.
      Was this review helpful? 3
      , bangalore
      Reviewed on Apr 26, 2019
    • Citibank Personal Loan
      "Good Sevice "
      0.5 4.0/5 "Great!"
      I have taken a personal loan in CITI bank, the loan amount was 7 Lakhs the rate of interest was good and less while compare to other banks.The processing fee is nominal. Based on the query the customer service was good and responsiveness on time. The loan process was done in smooth manner.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Apr 26, 2019
    • Citibank Personal Loan
      "Very good"
      0.5 4.5/5 "Excellent!"
      Two month back I took one personal loan from CITI bank , and their customer service is good and response is also good , and tenure is 4 years , I am satisfied with loan amount and rate of interest is also nominal , I am happy with CITI bank personal loan ,
      Was this review helpful? 2
      , kolkata
      Reviewed on Apr 24, 2019
    • Citibank Personal Loan
      "Advanced customer support"
      0.5 5.0/5 "Blown Away!"
      Citi bank offered me a persona loan based on the credit card, I took principal amount of Rs.2 lakhs. The best part there is a voice reorganization on their help desk, automatically they disclose all the information hence its easily reach the executive. I took the loan with the interest of 13%, still the loan is active condition and I am making the payment through ECS.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Apr 24, 2019
    • Citibank Personal Loan
      "Happy with service but they need to reduce the interest rate"
      0.5 5.0/5 "Blown Away!"
      I like Citi Bank because they are more customer friendly than other banks but am not happy with the interest rate for the personal loan which was on the higher side. It was around 13.5% for loan amount of 2.5L. There was a processing fee and the loan tenure is 3 years. The documentation process was smooth.
      Was this review helpful? 2
      , chennai
      Reviewed on Apr 24, 2019
    • Citibank Personal Loan
      "Good Experience"
      0.5 4.0/5 "Great!"
      I have good experience with CITI, I took the principal amount of Rs. 3.7 lakhs for the duration of four years, initially they have processing fee around Rs. 7000 its a drawback. The documentation everything completed on time, the interest rate is same as other bank.
      Was this review helpful? 2
      , gurgaon
      Reviewed on Apr 23, 2019
    • Citibank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I applied for a personal loan from the CITI BANK through mobile online, response was really good.The whole experience was good. The interest rate is normal when comparing to other banks in the market. Overall their services are good . I am happy with loan amount .
      Was this review helpful? 3
      , bangalore
      Reviewed on Apr 23, 2019
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I hold a personal loan with CITI bank for a long time, The loan amount which they have given to me was good, based on my requirement they have been giving to me, the rate of interest they have charged me up to 11.5% which was nominal,they did not took any documents they approved my loan application within 2 days, they did not charge me processing fee but gst was chargeable,still this loan is running.
      Was this review helpful? 1
      , new delhi
      Reviewed on Apr 22, 2019
    • Citibank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken a Personal loan from CITI BANK almost two years back and the experience i had was really good. The process was really quick and the disbursement was made on the promised time. The loan amount was sufficient & the interest rate with the loan was quite nominal when compared with the other banks. They had not taken any sort of additional charges.
      Was this review helpful? 1
      , pune
      Reviewed on Apr 19, 2019
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