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Thank you for providing your details.Citi Personal Loans in UAE
| Citi Personal Loan Details | |
|---|---|
| Minimum Salary | AED 8,000 |
| Maximum Loan Amount | AED 175K - AED 500K(depends on the nationality and type of loan) |
| Early Settlement Fees | 1% of the outstanding amount |
| Tenure | 48 months |
| Arrangement Fees | 1% of the approved loan amount |
Features of Citi Personal Loan
With most banks having the requirement of salary transfer for approving a personal loan, Citi’s PIL packs a host of features and quick approval / disbursement times to make it a preferred option for personal loans in UAE. STL, on the other hand, helps you get lower rates on your loans provided you are willing to transfer your salary to an account with Citi.
They primarily offer two kinds of personal loans:
Personal Loan without Salary Transfer
- Maximum loan amount: AED 175,000
- Salary requirement: AED 8,000
- Arrangement fees: 1% of loan amount [Min AED500; Max AED2500]
- Loan Repayment period: Up to 48 months
Personal Loan
- Maximum loan amount: AED 500,000
- Salary requirement: AED 8,000
- Arrangement fees : 1% of the loan amount (Min. AED 500 and Max. AED 2500)
- Loan Repayment period: Up to 48 months
Eligibility Criteria of Citi Personal Loan
Minimum salary of AED 8,000 is required
Citi Personal Loan Interest rates
2 Citi Bank Personal Loans
Personal Loan
Features
- Flexible repayment periods between 6 to 48 months
- The interest rate is calculated on a reducing basis and varies between 6.99% and 8.99% depending on customer income and loan amount
- You require a minimum salary of AED 8,000 per month to be eligible
Features
- Flexible repayment periods between 6 to 48 months
- The interest rate is calculated on a reducing basis and varies between 6.99% and 8.99% depending on customer income and loan amount
- You require a minimum salary of AED 8,000 per month to be eligible
- Reduccing rates as low as 6.99%
- It is a requirement to transfer your salary to apply
- Maximum loan amount AED 500,000
- 1% of outstanding principal is charged as early settlement fee
- Insurance is optional
- 1% of loan amount [Min AED500; Max AED2500] is charged as Arrangement fees
Benefits
- High Loan amounts up to AED 500,000
- Competitive rates as low as 6.99% (reducing)
- Free bank account with no minumum balance required
- Top up loan whenever you want
- Fast approvals
- Apply online from the comfort of your own home
- Get a decision in 24 hours
Personal Loan without Salary Transfer
Features
- Loan repayment period is up to 48 months
- The rate is calculated on a reducing basis and varies between 14% and 23% depending on customer income and loan amount
- You require a minimum salary of AED 8,000 per month to be eligible
Features
- Loan repayment period is up to 48 months
- The rate is calculated on a reducing basis and varies between 14% and 23% depending on customer income and loan amount
- You require a minimum salary of AED 8,000 per month to be eligible
- It is not a requirement to transfer your salary to apply
- Maximum loan amount of AED 175,000
- 1% of outstanding principal is charged as Early Settlement fee
- Insurance is optional
- 1% of loan amount [Min AED500; Max AED2500] is charged as arrangement fee
Benefits
- No salary transfer required
- High Loan amounts up to AED 175,000
- Top up loan after 9 months
- Fast approvals
- Apply online from the comfort of your own home
- In principle approval in 10 minutes and get a decision in 24 hours
About Citi
Citi is a name not alien to the banking industry. The bank is present in the United Arab Emirates since 1964. Citi since its first branch in UAE is known for delivering excellence while consistently bringing world-class banking products and services to the local market. It is currently a major player in the UAE’s credit card market and a leading provider of Wealth Management and Consumer Credit services.
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