Take Personal Loan from here, EMI may be late, still you will not have to pay any charge: CITY Bank Personal loan
Take Personal Loan from here, EMI may be late, still you will not have to pay any charge: CITY Bank Personal loan CITY Bank Personal loan: Nowadays it has become very difficult to meet the sudden expenses in life. In such a situation, a personal loan can prove to be a good option. The personal loan provided by Citi Bank is very attractive and can help you meet your financial needs.
Benefits of Personal Loan
The biggest advantage of a personal loan is that you do not need to provide any guarantee or mortgage your property. Apart from this, this loan provides you with instant funds in case of emergency. You can use this loan to meet wedding expenses, higher education fees or any other big expense.
How to get a personal loan from Citibank
It is very easy to get a personal loan of up to Rs 30 lakh from Citibank. For this, you have to apply by visiting the bank's website or you can also apply at the nearest branch. In the application process, you have to submit your name, address, source of income and other necessary documents.
Eligibility Criteria
To avail a personal loan from Citibank, you need to fulfil certain eligibility criteria. You should be between 21 and 60 years of age and have a minimum annual income of over Rs 3 lakh. Apart from this, you should have a good credit score.
Loan terms and rates
The personal loan offered by Citibank is available at an interest rate of 10.75% per annum. This rate can be even lower depending on your credit score. Apart from this, you will also have to pay some processing fee which can be up to 3% of the loan amount.
The loan tenure is up to a maximum of 5 years. Within this period, you have to repay the entire amount through loan installments.
Getting a personal loan from Citibank is a very easy and beneficial option. It helps you meet your financial needs and provides you with instant funds to meet your expenses. So, if you are in need of funds, you can consider getting a personal loan from Citibank.