Citibank Personal Loan Application Online 2024: If you’re in search of a personal loan for individual expenses, Citibank offers the option to apply for one. Citibank’s personal loan business and consumer banking business were transferred to Axis Bank on March 1, 2023. This means that if you wish to avail a personal loan from Citibank, you’ll need to apply for it through Axis Bank.
Table of Contents
If you’re interested in applying for a personal loan from Citibank online, in this article, we will provide you with information regarding the interest rates offered by Citibank, the benefits of obtaining a personal loan from Citibank, eligibility criteria for loan approval, and the necessary documentation required. Therefore, please stay connected with our article till the end.
What is Citibank Personal Loan?
Citibank Personal Loan is a type of loan that you can take for your personal needs such as education, medical emergencies, travel, wedding, and so on. Under Citibank Personal Loan, you can avail a loan of up to ₹30 lakhs. However, the amount you can obtain also depends on your previous financial record and your credit score. If your credit score is good, you may be eligible for a higher amount.
Citi bank Personal Loan Interest Rate
As we mentioned earlier, Citi bank Personal Loan has been transferred to Axis Bank, which means the same interest rate applicable by Axis Bank will be applied to this loan as well. The interest rate for Citibank Personal Loan starts at 10.49% per annum. Additionally, the interest rate depends on factors such as the applicant’s income, credit score, previous financial records, job profile, and other criteria.
Loan Amount for Citibank Personal Loan
Under Citibank Personal Loan 2024, you can avail a minimum of ₹50,000 to a maximum of ₹30 lakh. This loan can be obtained for a duration ranging from 1 year to a maximum of 5 years, with a processing fee of up to 3%.
Benefits of Taking a Personal Loan from Citibank
There are numerous advantages to availing a personal loan from Citi bank, including:
- Citibank offers its customers personal loans of up to ₹30 lakh, catering to both small and large financial needs.
- You may obtain a significant loan amount at competitive interest rates.
- The loan application process is available both online and offline, providing flexibility to apply for Citibank Personal Loan 2024 according to your convenience.
- Instant loan facility is provided with minimal documentation requirements.
Eligibility and Documents for Citibank Personal Loan
To apply for a Citi bank Personal Loan, you must adhere to the following criteria and submit the necessary documents:
- Citizens with at least one source of income are eligible to apply for a Citibank personal loan.
- Both salaried individuals and self-employed persons are eligible to apply for a personal loan.
- Customers must possess KYC documents for personal loan applications, such as Aadhaar card, PAN card, etc.
- Additionally, customers should have income proof such as bank statements, salary slips, etc.
- Experience in one’s profession is essential for loan eligibility.
- A minimum credit score is required for customers to apply.
How To Apply For Citibank Personal Loan
If you wish to apply for a Citibank Personal Loan, follow the process outlined below:
- To apply for a Citi bank Personal Loan, you need to submit an application through the official website of Axis Bank. Visit the official website of Axis Bank for this purpose.
- Upon visiting the website, click on the “Personal Loan > Apply Now” button.
- Then, you’ll need to input some essential information, such as:
- Mobile number
- Name
- State
- Type of loan
- Email ID
- Salary type
- Employment type, and more.
- Once you’ve entered all the required information, you’ll need to enter the captcha code, tick the check box, and then click on the submit button.
- This completes the application process, and you’ll receive a call from the bank.
- Bank representatives will inquire about the loan amount and ask you to submit documents.
- After submitting the documents, you’ll need to pay the processing fee.
- Upon payment of the processing fee, the loan amount will be transferred to your account.
How to Apply for Citibank Personal Loan Offline
If you prefer, you can also apply for a Citibank Personal Loan offline. To do so, you’ll need to first visit your nearest Citibank branch. There, you’ll need to gather comprehensive information about the personal loan from the bank’s representatives. Subsequently, you’ll be provided with an application form to apply for the Citibank Personal Loan.
You’ll need to fill out the form and submit it along with some required documents. Following this, certain procedures will be completed by the bank staff. Afterward, your loan will be approved, and the amount for your personal loan will be transferred to your bank account.
2 thoughts on “Citibank Personal Loan Application Online 2024: Obtain up to ₹30 lakhs with Citibank’s seamless online application process.”