Cash woes? A personal loan to the rescue!
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    We found 2 Citibank Personal Loan
    Bank Name
    Interest Rate
    Loan Tenure
    Joining Perks
    From 3.99% p.a. EIR from 7.5% p.a.
    (For new-to-bank customers)
    1-5 Years
    What you'll love
    What you need
    What you need to consider
    What it costs
    - EIR from 10.5% p.a.
    Up to 7 years
    What you'll love
    What you need
    What you need to consider
    Personal Loan BYTES FROM OUR KITCHEN

    Citibank Personal Loan

    Enjoy Swift Processing Speed

    Need extra cash for a financial emergency? With Citi loans, you won’t have to wait long to get your hands on the funds. In general, the turnaround time is very low and you may have cash almost immediately after you apply, subject to conditions. The bank offers a range of instalment loans, lines of credit, and debt consolidation plans (DCP) at affordable interest rates and competitive fees. Find out your options in the following section.

    Compare Personal Loan Options from Citibank

    Loan  Loan Amount  Tenure  Processing Fee 
    Citibank Personal Loan - 1 to 5 years -
    Citi Quick Cash Instalment Loan - 1 to 5 years -
    Citi Debt Consolidation Plan The total principal amount you owe including any interest, fees, or charges 7 years -
    Citibank Balance Transfer Min. amount of S$500 As determined by Citibank. 1.58% processing fee
    Citibank Ready Credit Paylite Up to 4 times monthly income 12 to 60 months -

    What Are the Eligibility Criteria?

    To be able to take a loan from Citi, you will need to fulfil certain eligibility criteria. Find out what conditions you need to meet for each type of loan:

    Nationality status Singaporeans, Permanent Residents, and Foreigners
    Income Singaporeans and PR holders: S$30,000
    Foreigners: S$42,000

    Interest Rates

    Here are the list of personal loans from citibank with interest rates

    Name of the Loan Flat Interest Rate Effective Interest Rate
    Personal Loan Between 4.55% p.a. and 5.79% p.a. Between 7.5% p.a. and 10.5% p.a.
    Quick Cash Instalment Loan Between 4.55% p.a. and 6.85% p.a. Between 8.5% p.a. and 12.25% p.a.
    Citibank Ready Credit PayLite Between 0% p.a. and 6.85% p.a. Between 8.5% p.a. and 15.2% p.a.
    Citibank Ready Credit (line of credit) - Could be as low as 20.95% p.a.
    Citi Debt Consolidation Plan - Low interest rates

    Fees & Charges for Citi Personal Loan

    High fees on a loan can eat into your savings. That may not be a problem with this loan. Here are the charges that you may have to pay on a Citi loan:

    • An upfront servicing fee.
    • A cancellation fee.
    • An annual fee.
    • An overlimit fee.
    • Legal fees, if any.
    • A minimum payment amount.
    • Service charges for cheque clearance, to honour stop-cheque requests, to maintain an inactive loan account, fund transfers through GIRO, direct debit instructions, etc.
    • Handling charges for official communications sent to you by the bank.

    [Disclaimer: Not all the charges listed above might apply to every single Citi loan. We have just tried to introduce you to the fees that you may expect to pay for a Citi loan.]

    Citibank Personal Loan Singapore

    What Documents do You Need to Provide to Obtain Your Loan?

    The bank needs to assess how much you can take on a loan based on your profile. It also needs to determine what rate of interest to charge you based on the same criteria. When you provide Citi with certain documents, it helps them decide these factors. These are the documents you will need:

    Salaried Self-employed Foreign nationals
    • Photocopy of your NRIC showing both the front and the back
    • Your CPF statement for the last year or the latest Income Tax Notice of Assessment and a computerised payslip
    • Photocopy of your NRIC showing both the front and the back
    • Notice of Assessment from IRAS for the last 2 years and your bank statement for the last 3 months
    • A photocopy of your passport or employment pass that shows both the front and the back
    • Your most recent Notice of Assessment from IRAS and the most recent computerised payslip in its original form

    Any supporting documents you need to share with the bank should be mailed to: [email protected]

    Customer Care Number

    You can get in touch with Citi on their 24-hour hotline by dialling (65) 6225 5225.

    You could also visit any of the bank’s branches.

    You also have the option to mail Citi at the following address:

    Citibank Singapore Ltd

    Global Consumer Group

    Robinson Road P.O. Box 356

    Singapore 900706.

    How to apply for Citibank Personal Loan?

    Subject to conditions, you may be able to use the following channels to submit your application to the bank for processing:

    • Apply for a personal loan or DCP loan from Citi on our website.
    • Fill the contact form available on the bank’s website. The bank will contact you shortly.
    • Call the bank’s hotline.
    • Send an SMS to the bank. Check the bank’s website to know if you need to send it in a recommended format or not.
    • Visit a Citi branch near you to submit your application.

    [Disclaimer: There may be slight variations depending on the loan product. Whether you get to use a particular channel to submit an application would depend on the bank’s discretion.]

    You may want to take a personal loan in Singapore for various reasons. Your need for funds could be because of an emergency or you may just want to put your debt in order. Citi provides you various personal loans based on your income and what you require. Now that you have details of the various personal loans offered by Citi, choose the right one and start making a difference in your life.

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