Balance consolidation of high price charge card and Personal Loan outstanding

Balance consolidation of high price charge card and Personal Loan outstanding

Full and part-prepayment choices

For loans scheduled on or after October 1, 2015, it is possible to close your loan account in complete; you could do therefore any moment following the very first 12 months as your loan booking. For loans booked ahead of October 1, 2015, you are able to close your loan account in complete any moment following the very first half a year of the loan scheduling.

Partial pre-payments could be made post the very first one year of one’s loan scheduling. Which will make prepayments in complete or part, you’ll want to phone our 24×7 CitiPhone helpline. Remember that pre-payments attract charges that are certain and so are led by relevant stipulations. To learn more, please refer the section that is FAQs.

Balance consolidation of high cost bank card and Personal Loan outstanding

It is possible to make use of the very tenure that is flexible appealing interest levels available on Citibank unsecured loan to streamline and better handle your present bank card and personal bank loan outstanding. Transfer them to just one Citibank personal bank loan account and handle your month-to-month cashflow better. To learn more and use, view here. Our representatives may be in touch to you instantly to help you avail some great benefits of a Citibank unsecured loan. Willing to make an application for your loan? Current Citibank Suvidha/ Branch/Mortgage Users registered for Citibank On Line Banking.

Not used to Citibank? Require a fast and simple loan that is personal? Click to enhance and on to reduce the main points. Note: the aforementioned prices grid is at the mercy of periodic review. The last prices, while staying in the range stated earlier, will likely be according to your earnings, loan quantity, loan tenure, Citibank’s interior credit parameters together with relevant prices in the particular time. Click to enhance as well as on to reduce the information.

Get acquainted with Your Citibank Unsecured Loan

What’s Citibank Personal Bank Loan?

Citibank personal bank loan is an instant and simple means you need it for you to access extra cash when. You may get the funds you require the most (as they are qualified to receive) being an unsecured loan availed on fixed terms, with every payment going towards repaying both the interest while the principal. Citibank Personal Loan includes a easy rates framework that supports our belief in ‘easy to know’ banking.

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

A ‘secured’ loan is secured against a secured item, frequently home. An ‘unsecured’ loan is where there isn’t any asset provided as safety. The very best types of ‘unsecured’ loans are signature loans and charge cards. What’s an interest rate loan that is fixed? A hard and fast rate of interest loan has mortgage loan that remains the exact same for the complete loan term. For instance, your fixed interest rate Citibank unsecured loan repayments will perhaps not alter as a result of rate of interest modifications through the life of the mortgage therefore providing you with greater control of your month-to-month spending plan.

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

Optimum Monthly Obligations:

What’s credit history and just how do it is used by you? Credit score is a way many lenders used to evaluate whether your ask for loan is accommodated. We will speed the information you offer regarding the form along with other factors such as for example your work press the site history and exactly how you manage other reports with us, if any.

We additionally use other information from Credit Suggestions Agencies such as for example CIC, who keep documents in your borrowing and repayment practices. This consists of information on just exactly how much credit you have actually outstanding along with information about how many missed or late payments you might have made. When you yourself have a quantity of missed or late repayments, we might never be in a position to accommodate your request loan. You may visit CIC and purchase your Credit Information Report if you are concerned about your credit score. Exactly how much could I borrow? The money you are able to borrow relies on your revenue along with other economic commitments. Citibank unsecured loan provides no less than Rs. 1,00,000 and optimum of Rs. 30,00,000.

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