Citibank Personal Loan

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?

• 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

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.