Bank
Citi Bank

Citi began operations in India over a century ago in 1902 in Kolkata and today is a significant foreign investor in the Indian financial market. As promoter-shareholder, Citi has played a leading role in establishing important market intermediaries such as depositories, credit bureau, clearing and payment institutions. The bank operates 45 Citibank branches in 28 cities and is the preferred banker to 45,000 small and mid-sized companies across India.

About Home Loan

Citibank Home Loan with its extensive features and competitive interest rates will help you in making your dream home a reality.

Eligibility Criteria

  • At least 23 years of age
  • Work experience of at least 2
  • Loans are available from Rs5 Lakh to Rs10 Crore
  • Maximum repayment tenure of up to 25 years
  • The Bank Website have its own tool for eligibility calculation Tool for detailed analysis

Documents Required

  • Contact Bank for the specifics

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

 

Don't

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another
  • Do not give notice to your landlord before consulting with your loan officer

About Personal Loan

Get funds quickly and conveniently. Benefit from minimal documentation and speedy loan approval. After all, whether it is a wedding you wish to finance, or pay an emergency medical bill, what is the value of a Personal Loan if you can't have it when you need it?

Eligibility Criteria

  • Currently available for salaried individuals, self-employed professional and business owners
  • Existing Citibank customers with a Suvidha, Branch or a Mortgage relationship
  • Loans are available from Rs.1,00,000 to Rs.30,00,000
  • Repay over a period of 12 to 60 months
  • The Bank Website have its own tool for eligibility calculation Tool for detailed analysis

Documents Required

  • Contact Bank for the specifics

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

 

Don't

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another
  • Do not give notice to your landlord before consulting with your loan officer

About Loan Against Property

With Loan Against Property, you can leverage your property's equity to expand your business, meet your working capital requirements or fulfil any other personal or professional needs.

Eligibility Criteria

  • At least 23 years of age 
  • Continuous work experience of at least 3 years 
  • 2 years of cash profit in business, excluding carry forward losses
  • Available from Rs5 Lakh to Rs5 Crore against Residential properties
  • Up to Rs3 Crore against commercial properties
  • Maximum repayment tenure of up to 15 years
  • Loan Against Property is sought can be based out of any of the following approved Citibank locations - Ahmedabad, Bangalore, Chennai, Delhi / NCR, Hyderabad, Jaipur, Kolkata, Mumbai, Pune, Coimbatore, Chandigarh and Surat
  • Loan Against Property of up to 70% of your property value

Documents Required

  • Contact Bank for the specifics

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money