ABOUT CITI BANK

Citibank was founded in the year 1812, originally known as the City Bank of New York & later as First National City Bank of New York. In addition to standard banking transactions, Citibank markets insurance, credit cards, and investment products.

Citibank has a long history in India. Citibank India is an Indian Private sector Bank, a wholly owned subsidiary of Citigroup a multinational financial services corporation headquartered in New York City, United States. Its Indian Headquarters are based in Mumbai, Maharashtra.

Citibank has consolidated its position in India offering individual consumers & Institutions a broad range of financial products and services.

Citi recognized people’s growing need to bank outside traditional banking hours, and in 1977 pioneered its first ATM in Queens, N.Y. Today, 90% of the world’s population is within a 15-minute walk of an ATM. Citi operates over 26,000 ATMs around the world.

As of 2012, Citibank India has been recognised as the ‘Best Consumer Internet Bank in India’ by Global Finance four years in a row, and has received the ‘Best Corporate/Institutional Internet Bank’ Award for two years in a row.

WHY CITI BANK FOR PERSONAL LOAN.

The Core activities of Citibank are lending money, safeguarding assets & lending money, making payments and accessing the capital markets on behalf of clients. With 200 years of experience helping clients meet the world’s toughest challenges and embrace its greatest opportunities.

Citi Bank is a pioneer amongst Multi National Banks in India providing a wealth of opportunity for its customers & a full range of consumer banking needs.

The Personal loan product from Citi Bank is the quickest & most efficient way of obtaining funds in the time of need. The process has been devised to disburse funds within 48 hrs.

Always looking for innovative ways to improve all aspects of the client experience, Citi continues to test and enhance digital features.

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ELIGIBILITY CRITERIA FOR CITI BANK PERSONAL LOAN

As per the CITI Bank Policy

Some basic eligibility factors are as follows:

Age: Customer should be above 21 years of age, EMI can be paid till 60 years.
Income: Should be drawing a minimum salary of 20,000/- per month credited to the Salary account.
Employment: Customer should be gainfully employed for over 12 months.
Company: The Company applicant is employed with should feature in the Citi Bank List of Approved companies.
A CIBIL score is mandatory for a Personal Loan Applicant.

KEY FEATURES OF THE CITI BANK PERSONAL LOAN

Customers can apply for Loan Amount up to 30, 00000.
Loans appended at a monthly reducing Rate of Interest.
Loan amount can be repaid from 12 months to 60 months.
Pre payment & part payment options are available.
Choose your EMI as per your monthly budget.
Premium offers with minimum documentation for Citi Bank customers.

DOCUMENTS REQUIRED FOR PROCESSING YOUR PERSONAL LOAN.

Personal Loan from CITI Bank is an unsecured, collateral free loan so emphasis is paid on documentation provided to the Bank.
It is majorly on the basis of the KYC & income documents of the customer that the Personal Loan is processed.

Kyc Documents

Identity Proof –Passport Copy/ Voters ID card/ Driving Licence/PAN Card/Person of Indian Origin Card/
Valid Identity card*/Overseas Citizen of India Card
Address Proof– Ration card/ Telephone or Electricity Bill/ Rental agreement / Passport copy/Lease Deed/Voter ID/
Bank Statement/Driving License
DOB Proof – Birth Certificate or 10th Class Passing Certificate
Financial Docs – Last 2 months Salary Slip not more than 90 days old or latest Form 16
Bank A/c statement for the last 3 months
Length of Employment /Continuity of Business, Signature proof

For salaried employees

Form 16 or IT returns – last 2 years
Salary slips for last 3 months

The Citi Bank process form needs to be signed & submitted along with the Documents.All documents should be true copies & self attested by the applicant.
2 cancelled cheques are also collected at the first instance; these cheques are required for the disbursement process after the approval of the Loan.

SPECIAL FEATURES OF THE CITI BANK PERSONAL LOAN

Citi Bank has created a niche market in the Personal Loan industry today. The process is the most evolved disbursing funds to personal loan applicants within a record period of time.

Personal Loans from Citi Bank are preferred by customers, as it provides lowest rates of interest with speedy disbursals & an efficient customer service.

Get approval of your loan within 48 hrs of submitting documents.
Hassle free process: Documents required to be submitted one time, until the money is disbursed.
Additional funds if required will be disbursed in 24 hrs.
Doorstep delivery of Loans for Citi Bank Customers.
Balance consolidation of high cost Credit Cards & Personal Loans outstanding.
24/7 Customer care services available.

Citibank Personal Loan