Citibank Loan Against Property EMI Calculator

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Lowest EMI on Citibank Loan Against Property - Rs. 1,090 per lakh

Last Updated 25th Oct 16

Loan Tenure
Loan Amount (Rs.) 7 years 10 years 15 years
2,500,000 Rs. 41,827 Rs. 33,385 Rs. 27,249
5,000,000 Rs. 83,653 Rs. 66,770 Rs. 54,498
7,500,000 Rs. 125,480 Rs. 100,154 Rs. 81,746
10,000,000 Rs. 167,306 Rs. 133,539 Rs. 108,995

Check Citibank Loan Against Property EMI for a loan amount and tenure

Citibank Loan Against Property EMI Calculator
  • Loan Against Property EMI (or equated monthly instalment) is a fixed amount of money you pay Citibank towards repayment of your property loan every month on a fixed day of the month till your loan is fully paid back.
  • With Citibank now offering loan tenure upto 18 years at attractive interest rates starting is 10.25%, your EMI can be as low as Rs. 1090 per Rs. one lakh loan amount.
  • The Loan Against Property EMI comprises of both principal repayment and interest payment. While the EMI amount remains constant, the interest component of keeps reducing and the principal component keeps increasing, except in case of an increase in interest rate on the loan.
Use the above quick and easy tool to easily calculate and compare monthly EMI on Citibank Loan Against Property.

Will the Citibank Loan Against Property EMI remain constant or change in future? What happens in case of increase or decrease in interest rate?

  • Typically, the Loan Against Property EMI remains unchanged unless the customer requests for a change and the same is approved by Citibank subject to its eligibility conditions (note that nominal charges may apply for effecting a customer initiated change in EMI).
  • In case the floating rate of interest on your loan increases, Citibank will typically keep the EMI constant but increase the loan tenure. So, you will pay the same EMI but for a longer duration. In case the interest rates increase to an extent that the revised loan tenure is more than the maximum permissible by Citibank, the bank may increase your EMI amount.

Will Loan Against Property EMI change in case of prepayment?

  • When you make a prepayment, the outstanding principal amount on your property loan reduces. You may choose to either keep the EMI the same and reduce the loan tenure (enabling you pay off the loan faster) or reduce the EMI and keep the loan tenure unchanged (thus paying lesser amount every month). It is beneficial to keep the EMI constant and reduce the loan tenure as you pay less interest to the bank in this option.
  • Note that Citibank may levy prepayment charges except on floating rate property loans sanctioned to individuals.

How does Loan Against Property EMI calculator calculate Loan Against Property EMI?

  • EMI is calculated using a combination of loan amount, loan tenure and interest rate.
  • EMI is calculated on a reducing balance basis and assuming payment of EMI in arrears (that is interest is charged for the month preceding the date of EMI payment on EMI date) and not in advance.
*My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.
Loan Against Property @ 10.60%* Cashback Upto Rs. 5,000

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Citibank Loan Against Property EMI Calculator News - Oct 2016
19th Aug 16 Citi Bank India focuses on instant loans to grow retail book
Citibank India is working on instant disbursal of loans to cross-sell at a fast pace and expand its retail book. Citibank has launched instant personal loans, instant mortgage loan and instant credit cards for existing customers in the previous six to eight months. Citibank have been increasingly looking at online disbursal of loans and have been moving the entire process online. An online mortgage loan is available for pre-approved properties only. The initial response to Citibank online initiatives has been promising.
12th Jul 16 Citibank India PAT falls 5.5% to Rs 3,233 crore for Q1FY16
Citi Bank India, reported a decline of 5.5percent in its Net Profit to Rs 3,233 crore for Q1FY16, as compared to previous year. The bank Net Interest Income increased by 10 percent year on year. As on March 31, 2016, its total assets stood at Rs 1,54,117 crore with a fairly high asset quality at a Net NPA ratio of 0.5 percent.