Bad Cibil Score Instant Loan: Loan of 30 lakhs, no hassle of CIBIL score, apply like this
Friends, do you also want a loan that meets your needs and is available without much hassle? If yes, then Citi Bank's Bad Cibil Score Instant Loan can be a great option for you. In this article, we will give you every information related to this loan - whether it is the features of the loan, eligibility conditions, interest rate, or application process. Our effort is to present this information to you in the easiest and most reliable way.
Features of Citi Bank Instant Loan
You can take a loan of ₹ 50,000 to ₹ 30 lakh from Citi Bank. The special thing is that this loan is also available to those people whose CIBIL score is bad.
- Loan amount: ₹ 50,000 to ₹ 30 lakh.
- Tenure: 12 to 60 months.
- Features: No additional charge on late payment.
- Fast processing: Funds are transferred to your account within 48 hours of application.
Eligibility
You must fulfill some basic conditions for this loan:
- The applicant must be an Indian citizen.
- Minimum age 18 years.
- It is necessary to have a regular source of income.
- You must have a salary account with Citibank.
Required documents
You only need to submit some required documents for the loan application:
- Aadhaar card.
- PAN card.
- Last 2 months salary slip.
- Bank statement.
- Employer's letter.
Interest rate and charges
Citibank's interest rate depends on your income, CIBIL score and loan tenure.
- Interest rate: 10.75% to 14.99%.
- Loan booking charge: 3% of the loan amount.
- Prepayment charge: 4% of the outstanding amount.
Application Process (How to Apply?)
If you have a salary account with Citibank, you can apply for this loan in a few easy steps:
- Visit Citibank Website: Go to Citibank Official Website.
- Choose loan option: Click on "Loans" and select "Apply for Personal Loan".
- Fill the form: Fill in your name, mobile number, monthly income, and PAN card details.
- The bank will then contact you and complete the loan approval process.
Note: Citibank is now owned by Axis Bank. Hence, this loan is available only to existing Citibank customers.
So friends, if you want a quick and reliable loan, then this option from Citibank can be right for you. Just make sure that you read all the terms and conditions carefully.
