Citibank India Loans

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One of the leading finance lenders, Citibank India, is providing services to its customers since 1902. Not only in India, it is helping its consumers with loans, credit cards and other banking services across the countries.

Among the bank's products such as investment, banking account, insurance and credit cards, the one which is the most applied for is Citibank India loans. One can get a loan from the bank at competitive interest rates.

Citibank India Personal loans, offered by the bank, are quick and affordable. The attractive features of the loan offered are:
  • One can get loan from 40,000 up to 10 lacs
  • Remittance is flexible i.e. one can repay the loan within 5 years.
  • Paperwork or documentation is simple and hassle free
  • The bank does not require a guarantor or security
  • Loan can be availed within 2 days or 48 hrs.
Besides, Citibank personal loan is available to those who are already members of the bank. They just need to fill in certain details like credit card number, loan account number and Suvidha account number to prove if they are eligible for the loan or ready cash or not.

Citibank business loan is yet another loan provided by the bank. One can apply for secured and unsecured loans upto Rs 15 crores for growth and other business purposes. The bank provides advances like overdraft facility, fast track loans and secured term loans. One would also get discounts, deals, benefits on Citibusiness loans.

Some of the business loans and advances by the bank include:
  • Secured term loan
  • Quick loan
  • Overdrafts
  • Dropline overdraft
  • Non fund based lines
Any business organization with a turnover of more than Rs 44 crore is eligible for business loan. Moreover, partnership businesses, private limited companies and sole proprietors are also approved for the loans. Online Citibank networking is the best way to apply for the loans. One can download the application form and select from a wide range of business loans that suits one's needs.

One can also finance a dream house with the help of Citibank India home loan product. One can apply for loan upto Rs 5 crore at competitive interest rate, which is calculated on daily reducing balance method. The loan is offered upto 89 % value of the property with a flexible remittance option i.e. within 25 years. Moreover, no penalty is charged for partial prepayment.

Another special feature of the Citibank home loan is that customers can transfer home loan from other banks and financial institutions and get more money upto 2 crore on the existing loan. The tenure of repayment is 20 years

Some of the common documents required for Citibank India loans are:
  • Application form
  • Signature verification proof for all individuals
  • Date of birth proof for all individuals
  • Business address proof for all self-employed customers
  • Identification proof for all borrowers
  • Photograph for all individuals
  • Residential address proof for all individuals