More Details on Personal Loan

Some things in life require a great deal of patience. Thankfully, getting a Personal Loan from Citi isn't one of them. It's easy and hassle-free, so you can avail funds for your plans or any emergencies without delay.

Main Benefits

1. Fast Approvals
2. No Salary Transfer Required

Overview of features

1. Loan repayment period is up to 48 months.
2. You require a minimum salary of AED 8,000 per month to be eligible.
3. It is not a requirement to transfer your salary to apply
4. The processing fee is 1% of loan amount [Min AED 500; Max AED 2,500]
5. The early settlement fee is 1% of outstanding principal.
6. The rate is calculated on a reducing basis and varies between 13.99% and 24.99% depending on customer income and loan amount
7. The reducing rate of this finance is 13.99% and the equivalent flat rate is 7.71%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.

* This product is subject to eligibility conditions and may not be available for all applicants. Eligibility conditions are set by the service provider and may be subject to change.