Balance consolidation of high price bank card and Personal Loan outstanding

Full and part-prepayment options

For loans scheduled on or after October 1, 2015, it is possible to shut your loan account in complete; you can certainly do therefore any moment following the very first a year as your loan scheduling. For loans scheduled ahead of October 1, 2015, you can easily shut your loan account in full any moment following the very first 6 months of one’s loan booking.

Partial pre-payments are made post the initial year of one’s loan scheduling. To produce prepayments in complete or part, you will need to phone our 24×7 CitiPhone helpline. Observe that pre-payments attract particular charges, and are also led by relevant conditions and terms. To find out more, please refer the section that is FAQs.

Balance consolidation of high price charge card and Personal Loan outstanding

You can easily make use of the severely tenure that is flexible appealing interest levels available on Citibank personal bank loan to streamline and better manage your present charge card and Personal Loan outstanding. Transfer them to an individual Citibank unsecured loan account and handle your cash flow that is monthly better. To understand more and apply, click the link. Our representatives will undoubtedly be in touch to you straight away that will help you avail the advantages of a Citibank unsecured loan. Prepared to submit an application for your loan? Current Citibank Suvidha/ Branch/Mortgage Users registered for Citibank On Line Banking.

Not used to Citibank? Want a fast and simple loan that is personal? Click to grow as well as on to attenuate the information. Note: the above mentioned prices grid is susceptible to periodic review. The last prices, while staying in the range stated earlier, is likely to be according to your revenue, loan quantity, loan tenure, Citibank’s interior credit parameters in addition to applicable prices during the certain time. Click to grow as well as on to attenuate the information.

Become familiar with Your Citibank Personal Bank Loan

What’s Citibank Unsecured Loan?

Citibank unsecured loan is an instant and simple means to help you access more money when you need it. You will get the funds you might need (and tend to be qualified to receive) as an unsecured loan availed on fixed terms, with every payment going towards repaying both the interest while the principal. Citibank Personal Loan comes with an easy rates framework that supports our belief in ‘easy to know’ banking.

What is the essential difference between a ‘secured’ and an ‘unsecured’ loan?

A ‘secured’ loan is guaranteed against a secured item, frequently home. An ‘unsecured’ loan is where there’s absolutely no asset Texas cash quick cash offered as safety. The greatest types of ‘unsecured’ loans are unsecured loans and charge cards. What’s a fixed rate of interest loan? A set rate of interest loan has mortgage that remains the exact same when it comes to complete loan term. For instance, your fixed interest price Citibank unsecured loan repayments will likely not alter because of rate of interest modifications through the lifetime of the mortgage thus providing you greater control of your month-to-month spending plan.

With an interest that is fixed loan you can’t pay additional to obtain ahead in your repayments. The payment quantity specified in your Loan Agreement needs to be compensated each as per the arrangement until the loan is paid in full month.

Optimum Monthly Premiums:

What exactly is credit history and just how do you employ it? Credit score is a technique many lenders used to evaluate whether your request loan could be accommodated. We will speed the given information you offer in the application as well as other facets such as for instance your work history and exactly how you handle other reports with us, if any.

We additionally utilize other information from Credit Information Agencies such as for instance CIC, who keep documents on your own payment and borrowing practices. This can include information on just exactly how credit that is much have actually outstanding along with information about how numerous missed or late payments you’ve probably made. For those who have a wide range of missed or late repayments, we possibly may never be in a position to accommodate your request loan. You may visit CIC and purchase your Credit Information Report if you are concerned about your credit score. Exactly how much could I borrow? How much money you are able to borrow varies according to your earnings as well as other monetary commitments. Citibank personal bank loan provides a minimum of Rs. 1,00,000 and optimum of Rs. 30,00,000.