Balance consolidation of high price bank card and Personal Loan outstanding

Balance consolidation of high price bank card and Personal Loan outstanding

Full and part-prepayment choices

For loans booked on or after October 1, 2015, you’ll shut your loan account in complete; can help you therefore any moment following the first 12 months since your loan booking. For loans scheduled ahead of October 1, 2015, you’ll shut your loan account in full any moment following the very first 6 months of one’s loan scheduling.

Partial pre-payments is made post the initial year of one’s loan scheduling. In order to make prepayments in complete or component, you’ll want to phone our 24×7 CitiPhone helpline. Remember that pre-payments attract charges that are certain as they are directed by relevant stipulations. To find out more, please refer the FAQs part.

Balance consolidation of high price charge card and Personal Loan outstanding

You can easily make use of the very tenure that is flexible appealing interest levels available on Citibank personal bank loan to streamline and better handle your charge card and personal bank loan outstanding. Transfer them to an individual Citibank unsecured loan account and manage your cash flow that is monthly better. To understand more and apply, click the link. Our representatives will soon be in touch you avail the benefits of a Citibank Personal Loan with you immediately to help. Prepared to make an application for your loan? Current Citibank Suvidha/ Branch/Mortgage Users registered for Citibank On Line Banking.

A new comer to Citibank? Want a fast and simple personal bank loan? Click to enhance as well as on to reduce the facts. Note: the above mentioned prices grid is susceptible to periodic review. The ultimate prices, while staying inside the range stated earlier, will undoubtedly be according to your earnings, loan amount, loan tenure, Citibank’s interior credit parameters therefore the applicable prices during the time that is specific. Click to grow as well as on to attenuate the main points.

Get acquainted with Your Citibank Personal Bank Loan

What exactly is Citibank Unsecured Loan?

Citibank personal bank loan is a fast and simple means you need it for you to access extra cash when. You could get the funds you’re looking for (as they are entitled to) being an unsecured loan availed on fixed terms, with each payment going towards repaying both the interest additionally the principal. Citibank Personal Loan comes with an easy rates framework that supports our belief in ‘easy to know’ banking.

What is the essential difference between a ‘secured’ and an ‘unsecured’ loan?

A ‘secured’ loan is guaranteed against a valuable asset, frequently home. An ‘unsecured’ loan is where there’s absolutely no asset provided as safety. The greatest types of ‘unsecured’ loans are unsecured loans and charge cards. What exactly is an interest rate loan that is fixed? A hard and fast interest loan has mortgage loan that remains the exact same for the loan term that is full. As an example, your interest that is fixed rate unsecured loan repayments will maybe not change as a result of rate of interest modifications through the life of the mortgage thus providing you with greater control of your month-to-month spending plan.

By having an interest that is fixed loan you can not spend additional to have ahead in your repayments. The payment quantity specified in your Loan Agreement needs to be compensated each month depending on the arrangement through to the loan is compensated in complete.

Optimum Monthly Premiums:

What’s credit score and just how do you use it? Credit score is a way many lenders used to evaluate whether your ask for loan may be accommodated. We are going to rate the given information you offer regarding the application along with other facets such as for instance your work history and exactly how you handle other records with us, if any.

We additionally make use of other information from Credit Suggestions Agencies such as for example CIC, whom keep documents on your own borrowing and repayment practices. This can include information on exactly just how credit that is much have actually outstanding in addition to here is how numerous missed or late payments you have made. When you have a quantity of missed or late payments, we might never be in a position to accommodate your request loan. If you’re worried about your credit rating, you may possibly go to CIC and buy your Credit Suggestions Report. Just how much am I able to borrow? The money it is possible to borrow is based on your revenue as well as other commitments that are financial. Citibank unsecured loan offers no less than Rs. 1,00,000 and optimum of Rs. 30,00,000.

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