Don’t push your dreams to a later date! You can live them now with Citi. Borrow money and make payments with ease to fulfill your goals, take care of emergency needs or even self-indulge, all while being financially responsible.

Citi understands that at different stages, you need different types of loan products with different features. So we aim to create products that meet your needs today and partner with you as you journey into tomorrow.

What is the purpose of the loan you are applying for?

While personal loans are a great option to access funds for virtually anything, it’s important to determine your reason behind applying for one and doing your research beforehand.

You may need the money for large purchases, a sudden unexpected expense, debt consolidation, an emergency or something else. You have the option to pay back your loan in monthly installments over the course of a few months or years, depending on your circumstances and discipline in loan repayment.

Here are the top reasons why you may consider taking on a personal loan:

  • Home Renovation - If you are a homeowner who wishes to repair or upgrade your home, you can finance a small to mid-size home improvement project with a personal loan – whether it’s replacing a roof, fixing the plumbing, adding a fixture, buying a major household appliance or the latest gadget. It’s a good fit especially in cases where you do not have the required cash on hand and do not wish to use a collateral against your loan.
  • Marriage Expenses - If you dream of a big wedding but are limited by budget constraints, a personal loan can help you navigate your wedding-related expenses like venue booking, catering, holiday funds, shopping or more.
  • Moving Expenses - If you wish to relocate to a new city and need additional funds for transporting your furniture or vehicle or other expenses, you can cover your moving costs with a personal loan. It also gives you financial respite if you are between jobs or are planning to make a career switch, without having to use your savings or emergency fund.
  • Education Expenses - If you wish to supplement the education loan of your child, spouse, or a loved one, you can opt for a personal loan and pay off your debt systematically in a few years.
  • Travel Expenses - If you have a dream destination in mind but are put off by the cost involved, you can opt for a personal loan and self-indulge in that one-time dream holiday. It’s also easier to pay off your debt in a timebound manner without being overwhelmed by the expenses.
  • Emergency Expenses - You can also bolster your emergency fund with a personal loan. Unexpected expenses by their very nature come unannounced and may catch you unprepared. During the uncertain times of a global pandemic, it’s prudent to keep extra cash in hand and depending on the kind of emergency, be it the loss of a job or sudden medical bills, find quick assistance with the right kind of funding.

What are the Citi Loans available to me?

Once you’ve determined the reason why you need to borrow money or repay in installments, you can apply for a wide range of loans and services offered by Citi, tailored to suit your requirement.

For Borrowing

  • Citi Personal Loan - First and foremost is the Citi Personal Loan that gives you the flexibility to take care of your expenses and wish-list without being constrained by a lack of funds. You can choose a loan amount of up to Rs. 30,00,000 and pay back in fixed monthly installments. The funds are usually available within 48 hours (or 2 working days) once you’ve submitted the necessary documentation. Because the loan comes with a fixed rate of interest, your EMIs remain the same throughout the entire tenure of your loan. You can choose to pay large EMIs and close your loan quicker or opt to pay smaller EMIs and close the loan over a longer period of time, depending on your monthly budget and lifestyle.
  • Citi Quick Cash - Citi Quick Cash or Loan on Credit Card is an exclusive installment facility, enabling simplicity and ease when availing loans, and may be over and above the credit line or against the existing credit line. You can conveniently avail it through the Citi Mobile App or Citibank Online. This does not require any documentation and facilitates near instant fund disbursal, with EMIs conveniently billed to your regular monthly credit card bills.
    You can book a minimum loan amount of ₹ 2500 for a period of 6,12, 24,36 or 48 months, which will be credited instantly to your linked Citibank account or to any other bank where you hold an account, within 2 hours* of loan booking (*except on national banking holidays). All details of your loan once availed, are also displayed on your Citi Mobile App/Citibank Online, where you can easily track the tenure, unbilled principal and access, download and print your repayment schedule.

For Card Repayment

  • Citi Paylite - Citi PayLite is a facility offered to existing Citi Credit Card holders to convert their existing large purchases to easy monthly installments. Any Citi Credit Card holder with transactions greater than ₹2500 can convert the transaction into flexible EMIs for a period of 6,12,24,36 or 48 months.
    All details of your loan once availed are also displayed on the Citi Mobile App/Citibank Online, making it easy for you to track pending tenure, unbilled principal and access, download and print your repayment schedule.
  • Citi Flexibill - Citi FlexiBill is a facility offered to eligible Citi Credit Card holders to convert their card outstanding into easy monthly installments for a period of 6,12,24,36 or 48 months. The minimum outstanding amount that you can convert into EMI is ₹2500. The maximum conversion amount will be determined by your retail balance and will be limited to total outstanding minus the minimum amount due.
    All details of your loan once availed are also displayed on the Citi Mobile App/Citibank Online, making it easy for you to track pending tenure, unbilled principal and access, download and print your repayment schedule.

How do personal loans work?

Once your application for a personal loan is approved, you receive the money as a lump sum in your bank account and will have to start making monthly payments post loan disbursal.

Personal loans are mostly unsecured, which means there’s no collateral behind the loan and usually have fixed interest rates – so there’s lesser risk involved, and you pay a fixed amount every month as repayment. They are a great option when you need quick funding or to finance a project that you can’t afford upfront.

Ask yourself how much money you need before applying for a loan. You may have a great credit score to borrow more than you need, but you should always aim to keep your loan repayment manageable and set a fair limit to the amount you borrow. Also, keep track of the interest that you are paying. At Citi, you get attractive interest rates on personal loans that may vary anywhere between 9.99% and 14.99% per annum, based on factors such as your income, quantum of loan, loan tenure and credit score.

You also benefit from minimal documentation, speedy loan approvals, flexible tenures and EMIs that fulfil your financial needs without compromising on your savings or budget and complement your lifestyle.

Features of Citi Loans at a glance

Citi Personal Loan

    • How to Apply & Eligibility –
      • If you are a current Citibank Personal Loan customer, get access to additional funds from Citibank by clicking here. Our representatives will call you with all the assistance you need.
      • If you are a Citibank Suvidha customer, getting a Citibank Personal Loan is as easy as logging in to your Citibank Online account and sending us an online application or talking to CitiPhone officer.

      Enjoy the privileges of simple personal loan documentation and fast track application processing. Apply now and know more.

    • EMI Calculator– Use our personal loan EMI Calculator to find out an EMI amount you can pay with ease. Try different tenures and loan amounts to discover the many options you get to choose from.
    • Fees and Charges– The personal loan interest rates may vary anywhere between 9.99% and 14.99% per annum, based on factors such as your income, quantum of loan, loan tenure and credit score. To know more, click here and go to ‘Citi Personal Loan - Interest, Fees & Charges’, under the ‘Features’ tab.
    • *T&Cs – The most important terms and conditions are available here. You can learn more and click here to apply. Our representatives will be in touch with you immediately to help you avail the benefits of a Citibank Personal Loan.

Citi Quick Cash

  • How to Apply & Eligibility– Citi Quick Cash may be availed through our digital channels – Citi Mobile App or Citibank Online. Check the options below to learn more.
    • Loan against the card limit: When you avail a loan against the card limit, your credit limit is blocked to the extent of your loan amount and will be released as and when you pay the EMI.
    • Loan over and above the card limit: When you avail a loan over and above the card limit, your credit limit is not blocked.

    To check your eligibility and apply for a loan:

    • Login to Citi Mobile App/ Citibank Online with your User ID and Internet Password (IPIN)
    • Go to the “Loans and EMIs on Credit Card” tab (Citi Mobile App)/“Credit Card” tab (Citibank Online) and click on “Loan on Credit Card”
    • loans-repayment-made-easy-by-citi

    • Select the loan amount and tenure
    • loans-repayment-made-easy-by-citi

    • Select the account for loan credit and review the details
    • loans-repayment-made-easy-by-citi

    • Validate OTP and submit

    A customized link is also sent to you over email and SMS, which you can access to avail the loan by validating via OTP and APIN. Click here for detailed Terms and Conditions.

    Click here to check your eligibility.

  • EMI Calculator– Get an Instant Citi Quick Cash Quote here.
  • Fees and Charges– The interest rate is card member specific and will be as communicated to you at the point of availing the loan. Eligible loan amount and interest rate will vary basis customer vintage, credit card performance and overall profile. You can log in to Citi Mobile App/Citibank Online to check the applicable interest rate on your pre-approved loan on credit card offer.
    A one-time transaction fee of 2.5% of the loan amount or ₹300, whichever is higher, will also be charged for the Citi Quick Cash facility.
    Goods and Services Tax (GST) as notified by the Government of India, is applicable on the interest component of the EMI, all fees and other charges and is subject to change as per relevant regulations of the Government of India.
  • *T&Cs– There is no lock in period and the loan may be pre-closed at any point of time. Any pre-closure of loan shall attract prepayment charges at the rate of 3% on the unpaid principal together with relevant taxes. You can pre-close your loan by calling our CitiPhone helpline on 1860 210 2484 between 9 AM – 7 PM (Monday – Saturday) except on national holidays. Terms and Conditions for Citi Quick Cash.

Option to track/view active loan summary and repayment schedule

On the Citi Mobile App, you get both a one glance summary and a detailed view of your active loans and EMIs on your Citi credit card. You can view/track them anytime and download the schedule at your convenience.

Things to keep in mind

Is there any overdraft facility where I can access additional funds?

Yes, Ready Credit offered by Citi is an overdraft facility that gives you access to additional funds whenever you need them, outside of what is available in your Citi Suvidha Salary Account. So if you want to go ahead with a large ticket purchase or pay for an unexpected expense, you can make use of this facility for instant withdrawals from your Ready Credit account.

Click here to know about the eligibility criteria and how to apply.

How do I reactivate my dormant Citi account?

Your account could be temporarily blocked because either your account is in ‘Dormant’ status due to inactivity in the account for more than 24 months; or the physical letters sent to your address are getting returned and your account is placed in 'address confirmation pending' status for mutual protection.

You can update your KYC and execute a financial transaction or confirm your address, depending on the reason for the temporary block, and quickly reactivate your Citi account.

Click here to learn the simple steps on how to remove your ‘dormancy’ or ‘whereabouts unknown’ status.

If my bank account is held in ‘Non-Resident (NR)’ status, how do I make payments to my Citi credit card?

If your existing bank account with Citi is maintained in Non-Resident (NR) Status, the resident status for your Citi Credit Card will also get updated as Non-Resident. As a next step, you are required to link your two accounts, i.e., link your Citi Credit Card account to your Citi NR bank account.

This is because any payment made towards your credit card will only be accepted if it’s made from your linked Citi Non-Resident bank account(s). The bank’s systems will reject any payment which is from a source other than your linked Citi NRI Account.

Click here for details on how to link accounts and make payments.

How do I protect myself from UPI related fraud?

UPI, the quick and easy way to transfer funds from different bank accounts, can also be misused by fraudsters to scam you. Here are 5 ways you should learn to protect yourself from such fraud:

    1. Don’t engage with someone if you are not familiar with the number or uncertain about the identity of the caller or source of information shared.
    2. Remember that if money has to be credited to your bank account, you will never be asked for a PIN. Do not share your confidential details with anyone.
    3. Beware of requests for money transfers or coupon payments – you will never be asked to transfer any amount in order to receive credit – such requests are attempts to defraud you.
    4. If you receive a request from an unknown account, you are likely to get a spam warning from the UPI app. Be mindful of the option you are selecting, i.e., either ‘Pay’ or ‘Decline’. Please decline a request if you suspect fraud.
    5. Beware of counterfeit apps.
    6. Follow safe practices and keep track of your financial transactions and bank account statements, and an eye out for suspicious behaviour on your account.

Click here for some basic dos and don’ts to keep your account safe.

I have queries regarding the Claim Settlement Process for a deceased account holder

The treatment of accounts held by a deceased customer is done as per Bank’s Deceased Depositor’s Policy (“Policy”), upon receipt of an intimation/information from reliable sources, as Citibank deems appropriate, about the death of the Account Holder/Sole Proprietor/Karta/Partner.

Please click here for FAQs on the Claim Settlement process.

Features of card repayment options at a glance

Citi PayLite

    • How to Apply & Eligibility– You can convert high value card purchases into EMI in just a few clicks via our digital channels. – click here to book now.
      • Citi Mobile App


      • Login with User ID and Internet Password (IPIN)
      • Click on “Convert credit transactions into EMI” under the “Loans and EMIs on Credit Card” dropdown
      • Choose the purchase transaction you want to convert into EMI and select your tenure
      • Confirm and submit the details

      • Citibank Online


      • Login with User ID and Internet Password (IPIN)
      • Click on “Click an EMI” under “Credit Card” tab
      • Choose the purchase transaction you want to convert into EMI and select your tenure
      • Submit the details

      If you are new to Citi and wish to apply for Citi PayLite, you will first need to apply for a Citi Credit Card and then contact us to book Citi PayLite. Click here for the detailed Terms and Conditions.

    • Fees and Charges– The interest rate is card member specific and will be as communicated to you at the point of availing the loan. You can log in to Citi Mobile App/Citibank Online to check the applicable interest rate on your Citi PayLite offer.
      A one-time transaction fee of 2.5% of the converted purchase amount or ₹200, whichever is higher, will be charged for every Citi PayLite product facility.
      Goods and Services Tax (GST) as notified by the Government of India, is applicable on the interest component of the EMI, all fees and other charges and is subject to change as per relevant regulations of the Government of India.
    • *T&Cs– There is no lock in period and the loan may be pre-closed at any point of time. Any pre-closure of Citi PayLite shall attract prepayment charges at the rate of 3% on the unpaid principal together with relevant taxes. You can pre-close your loan by calling our CitiPhone helpline on 1860 210 2484 between 9 AM – 7 PM (Monday – Saturday) except on national holidays. Terms and Conditions for Citi PayLite.

Citi Flexibill

  • How to Apply & Eligibility- You can now convert your Citi Credit Card outstanding into EMI in just a few clicks via our digital channels – click here to avail now.

    Citibank Online

    • Login with User ID and Internet Password (IPIN) & click on the Credit Card tab
    • Visit your Credit Card Account summary page & click on your Credit Card
    • Select your tenure and click on “Submit” to book your loan
    • Citi Mobile App

    • Login with User ID and Internet Password (IPIN)
    • Click on “Convert credit card outstanding into EMI” under the “Loans and EMIs on Credit Card” dropdown
    • Choose the amount you want to convert into EMI and select your tenure
    • Submit the details

    Click here for the detailed Terms and Conditions.

  • EMI Calculator- Convert your bill into monthly installments. Your EMI will be based on the amount you convert – use the calculator here.
  • Fees and Charges- The interest rate is card member specific and will be as communicated to you at the point of balance conversion. You can log in to Citibank Online to check the applicable interest rate on your FlexiBill offer.
    A one-time transaction fee of 2.5% of the converted purchase amount or ₹300, whichever is higher, will be charged for availing the FlexiBill facility.
    Goods and Services Tax (GST) as notified by the Government of India, is applicable on the interest component of the EMI, all fees and other charges and is subject to change as per relevant regulations of the Government of India.
  • T&Cs- There is no lock-in period and the loan may be pre-closed at any point of time. Any pre-closure of EMI shall attract prepayment charges at the rate of 3% on the unpaid principal together with relevant taxes. You can pre-close your loan by calling our CitiPhone helpline on 1860 210 2484 between 9 AM – 7 PM (Monday – Saturday) except on national holidays. Terms and Conditions for Citi FlexiBill.

Option to track/view active loan summary and repayment schedule

On the Citi Mobile App, you get both a one glance summary and a detailed view of your active loans and EMIs on your Citi credit card. You can view/track them anytime and download the schedule at your convenience.

Things to keep in mind