Citi Bank Personal Loan

Following are eligible for citi bank personal loan:

• Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings and central, state and local bodies
• Self Employed Individuals include self-employed - Sole Proprietors, Partners and Directors in the Business of Manufacturing, Trading or Services.

Eligibility Criteria:

• Age of Applicant : Min-23 years for salaried & 25 years for Self-employed ; Max-60 years for salaried & 65 years for self-employed
• No. of years in employment : 3 years & above.
• Current Experience : 6 months & above for salried & 1 year & above for self-employed
• Net Income : Rs. 20,000/- & above per month for salaried & Rs. 2,00,000 & above ITR for self- employed

Loan Amount:

• Minimum Funding : Rs.50,000/-
• Maximum Funding : Rs.10,00,000/- for salaried & Rs.15,00,000/- for self-employed

Loan Tenure:

• Minimum Tenure :12 months
• Maximum Tenure : 60 months

Turn around time:

• Turn around time : 5 working days

Salary available for making EMI’s:

• For listed company : 35% of salary is considered.
• Non-listed company : 30% of salary is considered.

Documents Required:

Identity Proof :

• Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker’s sign verification.

Age Proof :

• PAN Card/ Passport/ Driving School leaving certificate/ Voter’s card/BirthCertificate/ LIC policy (only for age Proof).

Address Proof:

• Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/Driving license/ Election ID/Photo-credit card (with last two month statements)

Income Proof:

• Salaried:Latest 3 month salary slip (computerized pay slip with company Logo/pay slip on company letterhead)
• Self-Employed:Latest 2 years ITR along with computation of income, B/S & P&L a/c for last 2 years certified by C.A.

Job Continuity Proof:

• Salaried: Form 16/relieving letter/appointment Letter (for last two months)
• Self-Employed:05, 06 assessment year saral copy

Banking History:

• Bank statements of latest 6 months.
• Existing loan sanction letter if any.