Citibank Personal Loan

Established in 1812 in the city of New York, Citibank is one of the top international banks in the UAE with a humungous retail customer base.

The bank established its roots in 1971 in the UAE and has been an important part of the UAE banking sector ever since. When it comes to personal finance in the UAE, Citibank has decades’ worth of experience. One of the most availed personal financing products from Citibank is personal loans. The easy application process, competitive interest rates and flexible repayment period are just some of the many features that make Citibank a top-liner in personal financing segment..

Citibank Personal Loan Interest Rates

(The rates are subject to changes with time.)

Features and Benefits of the Citibank Personal Loan

Features	Availability
Early Settlement	1% of remaining balance or AED 10,000, whichever is less – The Fee is a one time charge added to the payoff balance
Salary Transfer	Not Mandatory(Mandatory for salary transfer loans)
Reducing Interest Rate	Salary Transfer Loan Interest Rate from 6.99% to 8.99% Non-Salary Transfer Laon Interest Rate from 14% to 27 %
Tenor	From 6 Months to 48 months
Quicks Approvals	Yes
Phone Banking	Yes
Noon Vouchers	AED 1,000 noon e-voucher

The Citibank Personal Loan Offers Loan borrowers the following features & benefits- 

Easy Application

You can easily apply for Citibank personal loan either via online or offline platforms as per your convenience.

Loan Amount

You can get a loan amount going up to 8 times your salary with Citibank. A maximum of AED 250,000 can be availed of with Citibank personal loans as per your application type and processing.

Zero Processing Fee

Citibank Personal Loan of up to AED 500,000 can be availed with 0% processing fee.

Quick Approval

Showcasing a quick and hands-on processing time, Citibank offers in-principal decisions within 10 minutes. From application to documentation and approvals, everything can be covered in mere 24 hours.

Competitive Interest Rates

Interest Rates for Citibank personal loans start from a nominal 6.99% making it one of the best choices for personal financing in the UAE.

Additional Value-Added Benefits

Noon vouchers worth AED 1,000 are offered as a welcome gift to Citibank personal loan customers.

Key Features of Citibank Personal Loans without Salary Transfer
Welcome Offer	Noon vouchers worth up to AED 1,000
Processing Fee	0% (for loan amount up to AED 175,000)
Reducing Interest Rate	14% to 27%
Principal Decision	In-principal decision within 10 minutes
Tenure	6 to 48 months
Phone Banking	Yes

Key Features of Citibank Personal Loans with Salary Transfer
Processing Fee	0% (for loan amount up to AED 500,000)
Reducing Interest Rate	6.99% to 8.99%
Principal Decision	In-principal decision within 10 minutes
Tenure	6 to 48 months
Phone Banking	Yes

Citibank Personal Loan Eligibility and Required Documents

Given below is the complete eligibility criteria for availing of Citibank personal loans:

Parameters	Qualifying Criteria
Minimum Age	21 years
Residence/Citizenship	UAE resident or citizen
Employment Duration	Must be employed for at least 6 months
Company of Employment	Employer company must be from the approved list of companies of Citibank
Minimum Salary	AED 8,000
Salary Transfer	Available as both salary transfer and non-salary transfer loans
Documents Required	· Citibank personal loan application form · Employment and income proof – salary slips and bank statements for last 3 months · Identity proof – emirates id and passport and resident visa for ex-pats

Citi Bank Easy Monthly Payment Calculator