Citibank Saving Account

Last Updated 20th May 2019

Citibank Savings Account Interest Rate India May 2019

Citibank Citi Banking Savings Account
Interest Rate Upto Rs. 100 Cr : 4.00%
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Minimum Account Balance Rs. 25,000
  • Offers 2X air miles on Jet Airways and Air India
  • Home Loan and Personal Loan with bank made easier with relationship pricing
  • Citibank Wealth Management offers insurance benefits

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Citibank Online Saving Account

Citibank began operations in India over a century ago in 1902, it is a significant foreign investor in the Indian financial market. Citibank has best in class products, services and execution.

Saving Account in Citibank – Benefits

You get the following benefits while opening Savings Account with Citibank

Nomination facility Yes
Passbook facility Yes
Chequebook facility Yes
Issuance of Debit Card Yes
Internet Banking Yes
Mobile Banking Yes
Fund Transfer Yes
DD Pay Orders Yes

Citibank Saving Account – charges

Balance non maintenance charges : Rs. 250
ATM Charges: Monthly Fee of Rs. 250

Citibank Savings Account

Citibank offers an interest rate of 4.00% - 4.00% p.a. Citibank also offer accounts to meet the specific requirements of salaried, women, kids and senior citizens.

Product Name Minimum Age Minimum Balance Required
Citi Banking Savings Account 18 years Rs. 25,000
Citi Bank Savings Account For Expatriates 18 years N.A
Citi Bank Suvidha Salary Account 18 years Nil

Citibank Savings Account Products

Citi Banking Savings Account

Simple, convenient and elite banking for you and your family.

This account is for resident Indians of 18 years of age and above

Features of Citi Banking Savings Account

  • Offers 2X air miles on Jet Airways and Air India
  • Home Loan and Personal Loan with bank made easier with relationship pricing
  • Citibank Wealth Management offers insurance benefits

Cash Withdrawal Limit : Rs. 1,00,000

Balance Non Maintenance Charges : Rs. 250

Citi Bank Savings Account For Expatriates

Simple, convenient and quick banking for expatriates.

This account is for Indian Expatriates above the age of 18 years only

Features of Citi Bank Savings Account For Expatriates

  • Offers 1 percent cash back on all your Debit Card purchases
  • Up to 20 percent savings on your dinning bills in selected diners

Cash Withdrawal Limit : Rs. 1,00,000

Citi Bank Suvidha Salary Account

This account is tailor made to suit the banking needs of modern day professionals, providing ease in all banking services.

This account is for Indian Salaried Residents above the age of 18 years only

Features of Citi Bank Suvidha Salary Account

  • Overdraft facility available up to 5 times your net monthly salary credit
  • This is Zero balance salary account

Cash Withdrawal Limit : Rs. 50,000

Balance Non Maintenance Charges : None

Documents Required

Citibank requires the following documents to open a Savings Account

  • Signed application form
  • Income Tax PAN Copy
  • Identity Proof: Driving License, PAN, Passport VoterID
  • Address Proof: Utility Bill, Property Tax Bill. Any other ID and address proof issued through a competent authority are also valid

Frequently Asked Questions on Citibank Savings Account

How much interest is charged by Citibank on Savings Account?

Citibank offers an interest rate of 4.00% to 4.00% on Savings Account.

What is the minimum amount required for opening Savings Account in Citibank ?

The minimum amount required for opening Savings Account in Citibank is Rs. 25,000.

What are the balance non - maintenance Charges on Citibank Savings Account?

The Balance Non Maintenance Charges on Savings Account by Citibank are Rs. 250.

What are the Citibank ATM Transaction charges on Savings Account?

Citibank ATM Transaction charges on Savings Account are Monthly Fee of Rs. 250.

How does Citibank calculate interest charged on Savings Account?

Interest on Savings Account is calculated on Quarterly basis. The following formula is used by Citibank to calculate interest on Savings Account.

Monthly interest=Amount (Daily balance)*(No of days)* Interest/Days in the year

What is the withdrawal limit of the account?

The withdrawal limit offered in Citibank is Rs. 1,00,000

What is the eligibility criteria to open a savings account in Citibank
  • This account is for resident Indians of 18 years of age and above
Citibank News - May 2019
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