What kind of loans does Citibank offer?

Citibank offers two kinds of personal loans: Personal Installment Loans (PIL) without salary transfer. No Account required with Citibank Salary Transfer loans (STL) with salary transfer

Do I need to transfer my salary to Citibank to avail a Personal Loan?

What can I do with a Citibank Personal Loan?

Home improvement/renovation Down payment towards mortgage Down payment for car purchase Children’s education Wedding Pay off other credit card balances Other annual commitments in home country etc. Vacation Emergencies Investments Interim short term needs

Do I need to provide any security/collaterals against my loan?

You will need to sign cheques covering the value of your loan amount, but you are not required to pledge any assets as collateral against the loan.

How do I apply for a Citibank Personal Loan?

We are available to serve you in the following ways: Branch: You may walk into the nearest Citibank Branch. Email: Write in to us at uaeservice@citi.com for your query, request or feedback. CitiPhone: You may call our 24-hours CitiPhone Banking Services on +971 4 311 4000 Apply Online: Submit a lead on the loans page on www.citibank.ae SMS: SMS ‘LOAN’ to 2484 and our bank representative will get in touch with you within 48 hours

What are the key benefits of obtaining a Citibank Personal Installment Loan?

The key benefits of obtaining a Citibank Personal Installment Loan are: Loans of up to AED 175,000 (No salary transfer to Citibank required) Loan amounts of up to 8 times of your salary Competitive interest rates Approvals in 1 day Loan funding in 1 day Tenors of 6 months up to 48 months

How much can I avail with a Citibank Personal Installment Loan?

Citibank offers Personal Installment Loans up to AED 175,000 (multiples of up to 8 times of your salary)

What is the minimum salary required to obtain a Citibank Personal Installment Loan?

Minimum fixed salary required to obtain a Citibank Personal Installment Loan is AED 8,000

What are the main costs associated while availing a Citibank Personal Installment Loan?

The upfront costs pertaining to a loan is the processing fee of 1% of the loan amount (Processing fees – Min AED 500 and Max AED 2500).

What is the minimum and maximum tenor for a Citibank Personal Installment Loan?

Minimum tenor: 6 months Maximum tenor: 48 months

How the monthly installment payment is calculated (EMI payment)?

EMI also known as equated monthly installment is calculated using the total loan amount, the interest rate charged, the tenor of the loan and 1st installment payment date.

When do I have to pay my first installment?

The installment due date will be linked to the day on which your salary gets credited and will be communicated to you by the bank.

What documentation do I have to submit in order to avail a Citibank Personal Installment Loan?

To avail a Citibank Personal Installment Loan you must submit the following documentation Current dated salary certificate (3 months on current job)/Pay slips Last three months bank statements (with salary transfer) Passport copy/Emirates ID Copy

Do I need to transfer my salary to Citibank to avail a Salary Transfer Loan?

Our Salary transfer loans of up to AED 250,000 warrant the transfer of salary. However, if you are not able to transfer your salary to Citibank, you will be able to apply for the Citibank Personal Installment Loan.

What can I do with a Salary Transfer Loan?

Home improvement/renovation Down payment towards mortgage Down payment for car purchase Children's education Wedding Pay off other credit card balances Other annual commitments in home country etc. Vacation Emergencies Investments Interim short term needs

Do I need to provide any security/collaterals against my loan?

You will need to sign cheques covering the value of your loan amount, but you are not required to pledge any assets as collateral against the loan.

How do I apply for a Salary Transfer Loan?

We are available to serve you in the following ways: Branch: You may walk into the nearest Citibank Branch. Email: Write in to us at uaeservice@citi.com for your query, request or feedback. CitiPhone: You may call our 24-hours CitiPhone Banking Services on +971 4 311 4000 Apply Online: Submit a lead on the loans page on www.citibank.ae SMS: SMS 'LOAN' to 2484 and our bank representative will get in touch with you within 48 hours

What are the key benefits of obtaining a Citibank Salary Transfer Loan?

The key benefits of obtaining a Citibank Salary Transfer Loan are: Loans of up to AED 250,000 (Salary transfer to Citibank required) Loan amounts of up to 20 times of your salary Competitive interest rates Approvals in 1 day Instant loan funding upon final approval Tenors of 6 months up to 48 months

How much can I avail with a Citibank Salary Transfer Loan?

Citibank offers Salary Transfer Loans up to AED 250,000 (multiples of up to 20 times of your salary)

What is the minimum salary required to obtain a Citibank Salary Transfer Loan?

Minimum fixed salary required to obtain a Citibank Salary Transfer Loan is AED 8,000

What are the main costs associated while availing a Citibank Salary Transfer Loan?

The upfront costs pertaining to a loan is the processing fee of 1% of the loan amount (Processing fees – Min AED 500 and Max AED 2500).

What is the minimum and maximum tenor for a Citibank Salary Transfer Loan?

Minimum tenor: 6 months Maximum tenor: 48 months

How the monthly installment payment is calculated (EMI payment)?

EMI also known as equated monthly installment is calculated using the total loan amount, the interest rate charged, the tenor of the loan and 1st installment payment date.

When do I have to pay my first installment?

The installment due date will be linked to the day on which your salary gets credited and will be communicated to you by the bank.

What documentation do I have to submit in order to avail a Citibank Salary Transfer Loan?

To avail a Citibank Salary Transfer Loan you must submit the following documentation: Salary transfer letter Last two months bank statements (with salary transfer) Passport copy/Emirates ID Copy

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Personal Loan Without Salary Transfer

Simple and hassle-free

Apply online with your ID only from the comfort of your own home

Cash on your terms

Flexible repayment periods between 6 to 48 months

Dream big

High Loan Amounts up to AED 175000

Need more? Get more

Top up your loan after 9 months

Personal Loan

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Competitive rates as low as 6.99%

Dream big

High Loan Amounts up to AED 500,000 (or up to 20X your salary)

Cash on your terms

Flexible repayment periods between 6 to 48 months

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Top up your loan whenever you want

What kind of personal loans does Citibank offer?
Personal Instalment Loans (PIL) without salary transfer. No Account required with Citibank

Personal Loans with salary transfer
Do I need to transfer my salary to Citibank to avail a Personal Loan?

Our Personal Instalment Loan of up to AED 500,000 is available with salary transfer. However, Personal Instalment loans without salary transfer are available for up to AED 175,000.

In case, you are not able to transfer your salary to Citibank, you will be able to apply for the Citibank Personal Instalment Loan which does not require you to transfer your salary to Citibank.
What can I do with a Citi Personal Loan without Salary Transfer?
You can use the loan amount for a variety of reasons, like:

Home improvement/renovation

Down payment towards mortgage

Down payment for car purchase

Children's education

Wedding

Pay off other credit card balances

Other annual commitments in home country etc.

Vacation

Emergencies

Investments

Interim short term needs
Do I need to provide any security/collaterals against my loan?

You will need to sign cheques covering the value of your loan amount, but you are not required to pledge any assets as collateral against the loan.
How do I apply for a Citi Personal Loan without Salary Transfer?

We are available to serve you in the following ways:

Branch: You may walk into the nearest Citibank Branch.
Email: Write in to us at uaeservice@citi.com for your query, request or feedback.
CitiPhone: You may call our 24-hours CitiPhone Banking Services on +971 4 311 4000
Apply Online: Submit a lead on the loans page on www.citibank.ae
SMS: SMS 'LOAN' to 2484 and our bank representative will get in touch with you within 48 hours
What are the key benefits of obtaining a Citi Personal Loan without Salary Transfer?
The key benefits of obtaining a Citi Personal Loan without Salary Transfer are:

Loans of up to AED 175,000 (No salary transfer to Citibank required)

Loan amounts up to 8 times your salary

Competitive interest rates

Get a Decision in 10 minutes

Flexible tenors from 6 to 48 months

Top up your loan after 9 months
What is the minimum salary required to obtain a Citi Personal Loan without Salary Transfer?

Minimum fixed salary required to obtain a Citibank Personal Installment Loan is AED 8,000
What are the main costs associated while availing a Citi Personal Loan without Salary Transfer?

The upfront costs pertaining to a loan is the processing fee of 1% of the loan amount (Processing fees – Min AED 500 and Max AED 2500).
What is the minimum and maximum tenor for a Citi Personal Loan without Salary Transfer?
Minimum tenor: 6 months

Maximum tenor: 48 months
How the monthly installment payment is calculated (EMI payment)?

EMI also known as equated monthly installment is calculated using the total loan amount, the interest rate charged, the tenor of the loan and 1st installment payment date.
When do I have to pay my first installment?

The installment due date will be linked to the day on which your salary gets credited and will be communicated to you by the bank.
What documentation do I have to submit in order to avail a Citi Personal Loan without Salary Transfer?
To avail a Citi Personal Loan without Salary Transfer you must submit the following documentation:

Last three months bank statements (with salary transfer)

Passport copy/Emirates ID Copy

What kind of loans does Citibank offer?
Citibank offers two kinds of personal loans:

Citi Personal Loan with salary transfer

Personal Installment Loans (PIL) without salary transfer. No Account required with Citibank
Do I need to transfer my salary to Citibank to avail a Citi Personal Loan?

Our Citi Personal Loan of up to AED 500,000 require the transfer of salary. However, if you do not wish to transfer your salary to Citibank, you can apply for a Citibank Personal Installment Loan without salary transfer.
What can I do with a Citi Personal Loan?
Home improvement/renovation

Down payment towards mortgage

Down payment for car purchase

Children's education

Wedding

Pay off other credit card balances

Other annual commitments in home country etc.

Vacation

Emergencies

Investments

Interim short term needs
Do I need to provide any security/collaterals against my loan?

You will need to sign cheques covering the value of your loan amount, but you are not required to pledge any assets as collateral against the loan.
How do I apply for a Citi Personal Loan?

We are available to serve you in the following ways:

Branch: You may walk into the nearest Citibank Branch.
Email: Write in to us at uaeservice@citi.com for your query, request or feedback.
CitiPhone: You may call our 24-hours CitiPhone Banking Services on +971 4 311 4000
Apply Online: Submit a lead on the loans page on www.citibank.ae
SMS: SMS 'LOAN' to 2484 and our bank representative will get in touch with you within 48 hours
What are the key benefits of obtaining a Citi Personal Loan?
The key benefits of obtaining a Citi Personal Loan are:

Loans of up to AED 175,000 (No salary transfer to Citibank required)

Loan amounts up to 8 times your salary

Competitive interest rates

Get a Decision in 10 minutes

Flexible tenors from 6 to 48 months

Top up your loan whenever you want
How much can I avail with a Citi Personal Loan?

Citi Personal Loan up to AED 500,000 (multiples of up to 20 times of your salary)
What is the minimum salary required to obtain a Citi Personal Loan?

Minimum fixed salary required to obtain a Citi Personal Loan is AED 8,000
What are the main costs associated while availing a Citi Personal Loan?

The upfront costs pertaining to a loan is the processing fee of 1% of the loan amount (Processing fees – Min AED 500 and Max AED 2500).
What is the minimum and maximum tenor for a Citi Personal Loan?
Minimum tenor: 6 months

Maximum tenor: 48 months
How the monthly installment payment is calculated (EMI payment)?

EMI also known as equated monthly installment is calculated using the total loan amount, the interest rate charged, the tenor of the loan and 1st installment payment date.
When do I have to pay my first installment?

The installment due date will be linked to the day on which your salary gets credited and will be communicated to you by the bank.
What documentation do I have to submit in order to avail a Citi Personal Loan?
To avail a Citi Personal Loan you must submit the following documentation:

Salary transfer letter

Last three months bank statements (with salary transfer)

Passport copy/Emirates ID Copy

Apply for a Citi Personal Loan without salary transfer and get up to AED 1,000 in noon vouchers!

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