Loans FAQs

• Personal Instalment Loans (PIL) without salary transfer. No Account required with Citibank
• Personal Loans with salary transfer

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.

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

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.

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

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

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

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).

• Minimum tenor: 6 months
• Maximum tenor: 48 months

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.

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.

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

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

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.

• 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

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.

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

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

Citi Personal Loan up to AED 500,000 (multiples of up to 20 times of your salary)

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

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).

• Minimum tenor: 6 months
• Maximum tenor: 48 months

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.

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.

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