What is the Eligibility Criterion to Avail for Personal Loan in Citibank?

Author: Eesha Singh

Citibank grants Personal Loans to the applicant to satisfy their personal expenses. The loans deliver a comfortable life for the people who are in critical requirement of money. The personal loan can take care of vacations or even medical emergencies. The Citibank personal loan helps people to finance their needs and live a better life. Therefore, the applicant who wishes to seek Personal Loan from Citibank can avail the amount from the online platform known as Rupee Station. It is the type of platform which provides funds to the user anywhere at any time. The user doesn't require a cibil score or credit history to avail loan from Rupee Station. The reasons why the user should choose Citibank Personal Loan via Rupee Station is:

Reasons to get Personal Loans from Citibank via Rupee Station

The applicant who wishes to seek for Citibank Loan can look through these factors before opting for it

  • The loan amount starts up to INR 30, 00, 000
  • Loan funds credited to the bank account within two working days
  • It provides with low-interest rates to the applicants
  • The pre-payment option is available with Citibank
  • It grants the applicants with easy documentation and paperwork
  • No hidden charges
  • The applicant can repay the amount with lots of available options
  • It provides the applicant with 24/7 customer service
  • The loan is approved, and the money is disbursed within two working days
Who are eligible to avail Personal Loan in at Rupee Station?

To avail for Citibank loan via Rupee Station, the applicant needs to follow up the following points before filling up the online application form:

  • Age limit

    The minimum age is 22, and the maximum age is 60

  • Minimum and Maximum Loan Amount

    Citibank presents the applicant with Personal Loans beginning from INR 1 Lakh. The bank gives loans to the maximum of INR 30 Lakh

  • Work experience

    The total work experience of the applicant should be a minimum of 1 year

  • Citibank Personal Loan Tenure

    Citibank grants loans for tenure with a maximum of 60 months

  • Interest Rate

    The interest rate provided by the Citibank Personal Loan via Rupee Station starts at 10%

  • Loan processing charges

    The applicant can process charges starting from 2.5% of the loan amount sanctioned and deductible from the loan amount at the point of disbursal

  • Foreclosure charges

    The applicant can have up to 4% of total principal outstanding at the point of measuring the cost for full and final settlement of record including the interest for the ongoing month.

  • The applicant must have at least monthly income of INR 30,000.

The above points are necessary to avail the Citibank Personal Loan via Rupee Station. If the user has any queries related to the loan processing, then they can contact the 24/7 service helpline number of Rupee Station. The professionals would help the applicant with every issue and problem.