Loan on Card within Credit Limit
Easy access to instant cash with Credit Card Loans
Enjoy greater financial flexibility with quick loans on credit cards from Citi. Whether you want to transfer money home, pay school fees or rent, get quick access to cash with Credit Card Loans from Citi. No Documentation, no processing fees, just pure convenience.
Turn your available credit limit into an instant cash loan and fulfil your needs anytime and anywhere. Moreover, our loan on credit cards offer attractive interest rates and flexible repayment periods so that you can accomplish your needs without straining your budget. Apply for a loan on your credit card 24x7 through Citi Online and get the amount credited to your Citi bank account in a few clicks.
Get an instant cash loan through Citibank Online
- Book your loan on card through Citibank Online, and your loan amount will be deposited into your Citibank Current or Checking Account instantly.
- You can also choose to transfer the amount to a non-Citibank Local Currency account in the U.A.E. Simply click on the Payments and Transfers tab, set up the account as a payee, and when booking your loan, select the account as the destination account. The loan amount will be credited to your non-Citibank account in the next 3 working days.
- The loan amount that you request will be blocked from your existing credit card limit and each installment payment will release the corresponding amount of your credit limit blocked against this loan.
- Monthly installments shall be due for payment & will appear in your next credit card statement after availing of the loan amount.
- The instalments from the Instalment Payment Plan are billed to the Citibank credit card account monthly similar to a normal retail purchase and are subject to usual Finance charges (fees or APR interest rate) if you pay/ had paid less than the minimum amount due indicated on your current or previous monthly statements of account on or before the payment due date
Instantly book online
- Click here to login.
- Select the card and enter loan amount.
- Select destination account and tenor.
The installment amount informed to you through this calculator is a close approximation and may differ based on the day the loan is booked because calculation of interest is based on the number of days.
Loan amount is subject to approval and may vary depending upon eligibility criteria. Income documents required in case of change in income or employment. Processing time may increase due to delay in document providing or verification.
Warning: You may have to pay penalties if you pay off a loan/financing early. Should you choose to do early-settlement or cancel your installment plan before the chosen tenor, please call Citiphone on 04-3114000 to place the request. Please note that upon early settlement, a 1% early settlement fee exclusive of VAT will be charged on the principal outstanding amount, and due interest will be charged till the date the loan is active.
Warning: If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future. Installment amount will form a part of your monthly statement and will be added to your minimum amount due. In case you pay less the minimum due the installment amount will be subject to finance charges. If you miss payment for over 60 consecutive days from the last payment made, the entire outstanding amount of loan will become part of entire card outstanding and standard interest rate as mentioned in the Schedule of Charges shall be applicable.