Citibank Personal Loan Interest Rate Calculator - Oct 2016

Citibank Personal Loan Interest Rates

Last Updated 25th Oct 16

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Citibank Personal Loan Interest Rate 11.49% - 15.75%
Lowest EMI Rs. 2,199 per lakh
Loan Tenure From 12 months to 60 months
Loan Amount Min Rs. 100,000 and Max Rs. 2,000,000
Processing Fee Upto 2%; discount of 0.5% upto 3rd Nov 2016. Get Amazon gift voucher of Rs. 250 from Citi and upto Rs. 2,500 Flipkart gift voucher from MyLoanCare
Age Min 23 years and Max 58 years
Prepayment Charges Allowed after 6 EMI's, Can pay between 2 and 5 EMIs at NIL charges
Foreclosure Charges Allowed after 6 EMI's, 4% prepayment charges applicable
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 Salaried   Self Employed - Professional   Self Employed - Business 

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Citibank Personal Loan

Citibank gives the facility of personal loan to the people who want money to achieve their urgent requirements. There are some features and benefits of taking personal loan from Citibank:
  • Loan disbursal in 48 hours of approval
  • Fixed rate of interest
  • Special offers for Citibank Customers
    • Citibank has been rated 4.2/5.0 by customers for its service quality on MyLoanCare
    • Citibank has over 46 branches in India where you can avail service
    • Citibank offers special schemes and discounts for employees of large companies.

    Personal Loan Citibank

    Citibank personal loan interest rate is the rate which you pay over the loan amount that you have borrowed from the bank. Personal loan interest rates offered by Citibank are fixed as well as floating
    • Fixed rates allow you to borrow loan at a fixed price which won’t change in the whole tenure in case of change in Citibank benchmark rate and should be chosen only if you believe that the rates will not hike in future
    • In contrast to this are floating rates which changes with a single change in Citibank benchmark rate in your loan tenure. You should go for floating rates if you can take the risk of hike in interest rates
    Citibank Personal Loan Interest Rate depends upon
    • Citibank personal loan amount: Personal loan rate in Citibank depends upon the loan amount you apply for. Higher the loan amount, lesser will be the interest rate
    • Company where you work: Citibank has a list of companies to which they lend personal loan. Interest rate will be less if your company is listed
    • Your Salary: Income helps you in determining your rate of interest. Citibank interest rate varies with your monthly income. Higher the income, less will the rate of interest

    Citibank Personal Loan Charges

    Citibank Personal Loan foreclosure charges- These charges are to be paid in case you want to repay your entire loan amount before the end of tenure period. Citibank allows prepayment of personal loan after paying 6 EMI’s with 1 prepayment charges
    Citibank Personal Loan processing fee- Citibank asks for a processing fee of Upto 2%; discount of 0.5% upto 3rd Nov 2016. Get Amazon gift voucher of Rs. 250 from Citi and upto Rs. 2,500 Flipkart gift voucher from MyLoanCare of loan amount with applicable service tax

    Citibank Personal Loan EMI Calculator

    Personal Loan EMI of Citibank is a fixed amount that you pay each month towards the repayment of your personal loan till the end of tenure. Lowest EMI offered by Citibank is Rs. 2,199 per lakh loan amount. Personal Loan EMI of Citibank depends on factors like:
    • Rate of interest is an important factor which affects your EMI. Higher the interest rate, higher will be the EMI
    • Loan tenure matters equally as longer tenure reduces your monthly EMI per lakh
    • Your EMI depends upon the amount of loan you are going to borrow. Citibank Personal Loan EMI will be high if you apply for a high loan amount
    What are the benefits of calculating Personal Loan EMI?
    • EMI calculator of Citibank Personal Loan helps you to calculate your monthly EMI at different rate of interest
    • Citibank Personal Loan EMI calculator helps you to know your capacity to repay the loan after maintaining your standard of living
    • You get a rough idea about your monthly EMI and can plan your monthly budget accordingly
    Estimated EMI online by using Citibank Personal Loan EMI Calculator.

    Citibank Personal Loan Eligibility Calculator

    Personal Loan eligibility criteria Citibank
    Eligibility of personal loan in Citibank relies upon different factors but the most important factor is your ability to repay the loan. The main factors on which the eligibility of an applicant depends are
    • Age: Age plays an important role to know your eligibility and repayment capacity. Citibank offers personal loan to salaried and self employed individuals at the age of 23 to 58 years
    • Income: Citibank Personal Loan eligibility significantly depends upon your income. Usually bank set minimum levels of income to apply for personal loan. Citibank asks for net monthly income of minimum 25,000.
    • Job stability and Profession: Job stability is important to improve your eligibility for personal loan from Citibank. In case you are salaried, you must be in a full time job for at least 36 months of which not less 1 months must be with your current company. In case you are self-employed, you must be in current profession or business for at least 0 years and should preferably own either your office or your place of residence. Minimum turnover and minimum net income criteria may apply. Other than job stability, profession is also an important factor which can affect your Citibank eligibility. If you are working with a reputed company, probability of getting personal loan from Citibank increases as the income is considered to be more stable
    • CIBIL Score: Your past CIBIL history and repayment record of existing loans and credit cards has direct impact on your personal loan eligibility. If you have a poor repayment record, then you may not get the loan but on the other side, a regular repayment record increases your personal loan eligibility.
    • Loan Amount: Citibank gives you personal loan depending upon your income. Citibank gives you an amount ranging from Rs.100,000 to Rs. 2,000,000. To improve chances of approval, apply for a loan amount that you can comfortably service.
    Estimated eligibility online by using Citibank Personal Loan Eligibility Calculator.
    CIBIL Score for Citibank Personal Loan
    • Based on "app score"
    Popular Citibank Personal Loan Products:
    • Personal Loan for Meeting Short Term Credit Needs
    • Loan for Vacation or Wedding
    Maximum Annual Percentage Rate (APR) 11.89% to 16.15%
    Representative example of the total cost of the loan, including all applicable fees
    Here is an illustration of the total cost of the loan:
    • Total amount borrowed: Rs. 100,000
    • Time period: 12 months to 60 months
    • Citibank Personal Loan Interest Rate: 11.49% to 15.75%
    • Processing Fee payable to Citibank: Upto Rs. 2,000. Current offer for processing fee is Upto 2%; discount of 0.5% upto 3rd Nov 2016. Get Amazon gift voucher of Rs. 250 from Citi and upto Rs. 2,500 Flipkart gift voucher from MyLoanCare
    • Fee payable to MyLoanCare: NIL
    • Total Monthly Cost – From Rs. 2,199 for a 60 months Rs. 100,000 loan at 11.49% (lowest rate, longest time period) to Rs. 9,061 for a 12 months Rs. 100,000 loan at 15.75% (highest rate, shortest time period). This is inclusive of principal repayment.
    • Annual Percentage Rate (APR) of charge including all applicable fees: 11.89% to 16.15%
    • Total cost payable over loan tenure: Rs. 10,735 for 12 months loan to Rs. 33,926 for 60 months loan
    Citibank’s terms and conditions as per loan agreement applicable. Short term loans/ pay day loans not available; minimum loan tenure - 12 months. Rate of interest depends upon company categorization, income, job stability, loan amount, CIBIL score, credit profile, existing obligations, verification and other factors. Credit at sole discretion of Citibank.

    Citibank Personal Loan Top up, Transfer

    Transfer of personal loan from another bank to Citibank?
    Citibank offers personal loan balance transfer from another bank. This is subject to your meeting other eligibility criteria of Citibank
    You can avail additional top-up personal loan from Citibank, subject to your eligibility

    Personal Loan Citibank documents required

    Personal loan for Salaried employee Citibank documents required

    • Filled up loan application form
    • 1 Passport Size Photo
    • Copy of Income Tax PAN
    • Identity Proof - Passport/ Driving Licence/ Voter ID/ PAN
    • Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport
    • Income Documents – 3 months payslip, 1 years Form 16, 3 months bank statement showing salary credit and any EMI debit

    Compare Citibank Personal Loan

    Comparison of Citibank Personal Loan with other banks

    Citibank Personal Loan in India

    Citibank Personal Loan Customer Care Number, Email, Application Status

    Contact Details of Citibank Personal Loan Branches
    City Customer Care Number
    Agra 1800-180-2484
    Ahmedabad 0261-6532484
    Ambala 0124-2542484
    Anand 079-26422484
    Aurangabad 0240-6632484
    Bangalore 080-22272484
    Bhilai 1800-180-2484
    Bhilwara 1800-180-2484
    Bhiwadi 1800-180-2484
    Bhopal 1800-180-2484
    Bhubaneswar Cuttack 1800-180-2484
    Bikaner 1800-180-2484
    Chandigarh 0172-5082484
    Chennai 044-28522484
    Cochin 0484-4042484
    Coimbatore 0422-28522484
    Dehradun 18604257000
    Delhi 0124-2542484
    Durg 1800-180-2484
    Faridabad 0124-2542484
    Gandhinagar 0261-6532484
    Ghaziabad 1800-180-2484
    Goa 022-28232484
    Greater Noida 0124-2542484
    Gurgaon 0124-2542484
    Guwahati 1800-180-2484
    Gwalior 1800-180-2484
    Hyderabad 040-66662484
    Indore 1800-180-2484
    Jabalpur 1800-180-2484
    Jaipur 0141-2372484
    Jalandhar 0181-5062484
    Jodhpur 1800-180-2484
    Kanpur 1800-180-2484
    Karnal 0124-2542484
    Kolhapur 022-28232484
    Kolkata 033-22832484
    Kota 1800-180-2484
    Kozhikode 1800-180-2484
    Lucknow 0522-2201022
    Ludhiana 0161-5012484
    Madurai 044-28522484
    Meerut 0124-2542484
    Mehsana 079-26422484
    Mohali Sas Nagar 0172-5082484
    Mumbai 022-28232484
    Mussoorie 1800-180-2484
    Nagpur 1800-180-2484
    Nashik 1800-180-2484
    Noida 0124-2542484
    Noida Extn. 0124-2542484
    Panipat 0124-2542484
    Patna 1800-180-2484
    Pondicherry 044-28522484
    Pune 020-66012484
    Raipur 1800-180-2484
    Rajkot 0261-6532484
    Ranchi 1800-180-2484
    Rohtak 0124-2542484
    Roorkee 1800-180-2484
    Salem 044-28522484
    Shimla 1800-180-2484
    Sonepat 0124-2542484
    Surat 0261-6532484
    Trichy 044-28522484
    Udaipur 1800-180-2484
    Vadodara 079-26422484
    Varanasi 0124-2542484
    Vijaywada 040-66662484
    Vizag 1800-180-2484
    *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.
Personal Loan @ 11.49%* Cashback Upto Rs. 2,500

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Citibank Personal Loan News - Oct 2016
18th Oct 16 Citibank gives special Diwali offers on personal loans
Citibank personal loan offers reduction in rates to 11.49 per cent for digital channels and online applications made at MyLoanCare. Bank offers 0.50 per cent discount on processing fee and an Amazon Gift Voucher of Rs. 250 for loans disbursed till 3rd November, 2016. Also, get a Flipkart Gift Voucher upto Rs. 2500 on applying through MyLoanCare.