If you are looking to apply for a personal loan, we are introducing to you Citibank Ready Credit PayLite, a product with even more benefits:
- One-time application process
- Attractive interest rates
If you are an existing Citibank Instalment Loan customer, please refer below for details on Fees and Charges and Terms & Conditions.
You can now get cash from the overdraft line assigned to your Citibank Ready Credit and repay in monthly instalment with PayLite
Benefits:
- Competitive Effective Interest Rate varies from 5.9% to 17.9% p.a.
- Choice of 6, 12, 18, 24, 30, 36 or 48 months tenure
How it works:
- Decide your preferred cash amount from the Credit Limit assigned (min RM1,000)
- Choose your repayment tenure (6, 12, 18, 24, 30, 36 or 48 months)
- Have the cash amount transferred to your current/savings account of your choice
- Make fixed monthly repayment every month
How to apply?
- Already a Citibank Ready Credit customer? Just call CitiPhone to apply over the phone
- Not yet a Citibank Ready Credit customer? Click here to leave your contact and our officer will call you back on the next working day
Rediscover your spending power by consolidating your credit/charge card outstanding balances held with other banks to enjoy greater savings and better management of your finances with Balance Transfer via Instalment Plan
Benefits:
- Ability to consolidate outstanding balances from up to 3 credit/charge cards from other banks
- Competitive Effective Interest Rate at 9.9% p.a.
- Choice of 6, 12, 18, 24, 30, 36 or 48 months tenure
- Convenience of making a single repayment every month
How it works:
- Decide the credit/charge cards you want to perform balance transfer from (min RM1,000 per card)
- Choose your repayment tenure (6, 12, 18, 24, 30, 36, or 48 months)
- Make fixed monthly repayment every month
How to apply?
Citibank Personal Loan Feature & Charges
| Types of Charges | Amount |
| Stamp Duty (Ad-valorem) | 0.5% of loan amount, shall be deducted upfront from the loan amount before disbursement of the loan. |
| Late Payment Fee | 1% per annum on the instalment amount in arrears calculated on daily basis. |
| Statement Request Fee (interim) | RM5.00 per copy |
| Early Settlement Fee | RM200 or 3% of loan outstanding balance whichever is higher, if the loan is settled before reaching half of the loan tenure, starting from the date of full disbursement of the loan. |
