Citibank unsecured loan is designed for salaried people, self-employed expert and business people. Current Citibank clients with a Suvidha, Branch or home financing relationship can avail of Citibank personal bank loan.
The length of time am I able to try repay the mortgage?
You can easily repay your loan over a length of 12 to 60 months.
The time of the time you are taking the loan over will influence how big your repayments, therefore you should repay your loan over a longer term if you want smaller repayments. Keep in mind, the longer you are taking to settle your loan, the greater interest you are going to be charged overall.
Could I pre-pay my Personal Bank Loan?
Yes. You can easily pre-pay your own personal Loan. You’ve got two choices to create a pre-payment – complete Pre-payment and Partial Pre-payment. You are doing a complete Pre-payment by settling the entire loan outstanding in one single single repayment. In the event that you choose to make partial prepayment of one’s outstanding quantity, it really is a Partial Pre-payment. Which will make prepayments in complete or component, you will need to phone our 24×7 CitiPhone helpline.
Complete Pre-payment of Citibank Personal Bank Loan
For loans scheduled, it is possible to shut your loan account in complete; you are able to do therefore any time following the very very first 12 months as your loan scheduling. For loans scheduled prior, you’ll shut your loan account in complete any right time following the very first 6 months of one’s loan scheduling.
Partial pre-payments could be made post the initial one year of the loan scheduling. In order to make re payments in complete, you will need to phone our 24×7 CitiPhone helpline.
Partial Pre-payment of Citibank Personal Bank Loan
You could prepay an integral part of the outstanding stability for the loan at the mercy of the following conditions:
- You have got compensated your loan EMIs for at the least 12 consecutive months since your loan scheduling date.
- Your prepayment quantity is the same as a the least 2 EMIs and no more than 5 EMIs.
To produce part pre-payment, you ought to phone our 24×7 CitiPhone helpline. As soon as you inform the financial institution of the intention to prepay, the lender will think about your demand and confirm the last amount you meet the criteria to prepay. After making the pre-payment, you will need to carry on repaying the subsequent EMIs as per the payment routine provided by the financial institution. The partial pre-payment facility can be acquired as soon as in one year.
Whenever do i need to pay Late Payment Charges?
The deadline for the payment of EMIs will be 1 st of each thirty days, after the thirty days of Loan disbursement. Re Payment guidelines will be presented from 1 st of any thirty days. We nonetheless donРІР‚в„ўt fee any payment that is late just in case the re re payment is delayed.
Just how do I learn how much is outstanding to my loan?
If you should be a current Citibank on line Banking consumer, you will see your overall loan stability on the web, but please be conscious that this isn’t always your last settlement figure.
Instead, to discover the balance that is outstanding your individual Loan simply phone our 24×7 CitiPhone helpline. Are going to in a position to supply you with the many present info on your loan http://personalinstallmentloans.org/payday-loans-mn.
How many times will we be given a statement?
Statements are given annual in the 31st of March and mailed to your many present target offered to us. If you want a declaration released some other time, merely e mail us on our 24×7 CitiPhone helpline figures supplied right here or make use of your Citibank Online IPIN (available on demand) to gain access to your unsecured loan Account and acquire your bank balance.
Imagine if I have significantly more concerns?
If you’re Citibank client, please use the ‘online question’ center to write to us. If you should be maybe perhaps perhaps not just a Citibank Consumer, please phone our 24×7 CitiPhone helpline numbers supplied here.
Willing to make an application for your loan?Click 4 Call.
- Personal Bank Loan Application
- Papers Required
- Private Loan РІР‚вЂњ Loan Agreement
- Personal Loan РІР‚вЂњ Service Conditions And Terms
- Private Loan РІР‚вЂњ Most Significant Terms and Conditions
- Private Loan РІР‚вЂњ Standard Stipulations
Stipulations use. Issuance of loan are at the single discernment of Citibank, N A. Citibank reserves the best to ask for almost any extra papers from the applicant.
Citibank reserves the proper, whenever, with previous notice to add/alter/modify change that is differ some of the stipulations or even to change them, wholly or perhaps in component.
+ please be aware that the Click 4 Call solution can be obtained. This center just isn’t available on nationwide vacations and significant Public vacations.
*The last loan quantity, rate of interest and loan tenure relevant is going to be susceptible to eligibility, per Citibank’s credit processing requirements.
**Instant call right right back solutions on SMS can be obtained. If you should be perhaps not on Aircel/Airtel/Vodafone/Idea, deliver the SMS. Stipulations use.
^Timelines mentioned include only days that are working. Timelines pointed out would commence when the documentation that is entire per Citibank’s needs are submitted by the applicant.
# client can consolidate stability of no more than 2 charge cards and 2 loans that are personal. Consumer can avail a debt consolidating loan as high as Rs. 15 Lakh. The loan that is final and interest price relevant will likely be susceptible to eligibility, depending on Citibank’s credit processing requirements.
Partial pre-payment is permitted after year of loan tenure. Client can work out this just once in year. Client has to pay in numerous of EMIs. Component amount that is pre-payment be just as much as 5 months EMI quantity and the least 2 month EMI amount. For the precise quantity, client has to phone CitiPhone.