Features and Benefits of Citi Bank Personal Loan

November 25, 2019 Off By admin

Features: Personal loan can be taken for renovating house, celebrate wedding, planning an outing etc. 1.Loan available up to Rs 15 lakh. 2.Loan repayment period varies up to 60 months 3.Hassle free loan without guarantors, security or hypothecation. 4.Personalized services are provided to all the customers. 5.For existing customers with a clear repayment in 12 months

Eligibility: Personal Loan is currently available for salaried individuals and self-employed professionals & existing customers who have Suvidha premium account or a home loan can avail of Citibank Personal Loan. Charges: Booking Fee (Processing Charges): Up to 2.5% of the loan amount sanctioned, this fees is deducted from loan amount at the time of disbursal. Cheque/ECS bounce charges: Rs 250 per bounce. Late payment charges: All the EMIs have to be paid on 1st of every month if delay in payment an additional interest of 2% p.a. is charged on outstanding balance of loan. Loan pre closure charges: Prepayment of loan is not allowed within 6 months from disbursal of loan. No partial prepayment is allowed, pre-closure charges are levied at the rate of 3% on total principal outstanding. Statement Copy: Rs 500. Interest Rate: interest rate on the loan will be the rate applicable at the time of signing the loan agreement currently it is 15% to 20% p.a. For apply loan visit