Citibank provides two forms of unsecured loans:
- Personal Installment Loans (PIL) without wage transfer. No Account needed with Citibank
- Salary Transfer loans (STL)
Our Personal Installment Loans as much as AED 175,000 can be obtained without income transfer. Nonetheless, Salary transfer loans amounts warrant the transfer of wage. Just in case, you’re not in continue reading this a position to move your income to Citibank, you will be able to make an application for the Citibank private Installment Loan which will not need you to move your wage to Citibank.
The loan can be used by you quantity for many different reasons, like:
- Residence improvement/renovation
- Advance payment towards home loan
- Advance payment for vehicle purchase
- Children’s education
- Pay back other charge card balances
- Other yearly commitments in house nation etc.
- Interim temporary requirements
You will have to signal cheques within the worth of one’s loan quantity, however you are not essential to pledge any assets as security contrary to the loan.
We have been offered to last within the after ways: Branch: you may possibly enter the nearest Citibank Branch. Email: Write directly into us at firstname.lastname@example.org for the question, demand or feedback. CitiPhone: You could phone our 24-hours CitiPhone Banking Services on +971 4 311 4000 Apply on the web: Submit a lead in the loans web web page on www. Citibank.ae SMS: SMS ‘LOAN’ to 2484 and our bank agent shall speak to you within 48 hours
One of the keys advantages of receiving a Citibank private Installment Loan are:
- Loans as much as AED 175,000 (No income transfer to Citibank needed)
- Loan amounts as high as 7 times during the your wage
- Competitive rates of interest
- Approvals in 1 day
- Loan money in one day
- Tenors of half a year as much as 48 months
The main element advantages of finding a Citibank Salary Transfer Loan are:
- Loans as much as AED 250,000 (Salary transfer to Citibank needed)
- Loan amounts as high as 20 times during the your income
- Competitive interest levels
- Approvals in 1 time
- Instant loan funding upon last approval
- Tenors of a few months as much as 48 months
Citibank provides Personal Installment Loans as much as AED 175,000 (multiples as high as 7 times of one’s wage)
Citibank provides Salary Transfer Loans as much as AED 250,000 (multiples as high as 20 times of one’s wage)
Minimal fixed salary required to acquire a Citibank private Installment Loan is AED 8,000
Minimal fixed salary required to acquire a Citibank Salary Transfer Loan is AED 8,000
The costs that are upfront to that loan may be the processing cost of 1% associated with the loan quantity (Processing charges вЂ“ Min AED 500 and Max AED 2500).
The upfront expenses pertaining to financing may be the processing cost of just one% associated with the loan quantity (Processing charges вЂ“ Min AED 500 and Max AED 2500).
Minimal tenor: six months optimum tenor: 48 months
Minimal tenor: a few months Maximum tenor: 48 months
EMI also referred to as equated installment that is monthly determined utilising the total loan quantity, the attention price charged, the tenor for the loan and 1 st installment payment date.
The installment date that is due be from the time by which your wage gets credited and you will be communicated to you personally because of the lender.
To avail a Citibank Personal Installment Loan you need to submit the documentation that is following
- Present dated salary certificate (a couple of months on present work)/Pay slips
- Final 3 months bank statements (with wage transfer)
- Passport copy/Emirates ID Content
To avail a Citibank Salary Transfer Loan you have to submit the documentation that is following
- Salary transfer page
- Final 8 weeks bank statements (with wage transfer)
- Passport copy/Emirates ID Copy