Home » Citi Bank Business Loan
City Bank logo

Citibank Business Loan

Build the future of your organization with Citibank Business Loan. If you are running a business and need funds to expand the same, then business loans offered by Citibank is one of the best options available for you. The bank provides a loan to almost all types of enterprises whether it is a large firm or a start-up. So, even if you want to start a business, then also you can get a loan in just a few clicks.

Citibank offers a complete financial assistance to help you grow and expand your business. It offers numerous credit facilities, special loan schemes, financial products to meet all sorts of fund requirements of borrowers effortlessly. The interest rates charged by the bank are also very low, so meet your fund requirement at affordable rates with Citibank.

Apply Business Loan

Please enter your NamePlease enter valid Name
Please enter a valid email addressPlease enter your email address
Please enter a valid mobile numberPlease enter your mobile number
Please Select Office Type
Please Select House Type
Please enter a valid Company Name
Please answer the above question
Please enter your inhand salary.Minimum annual income of Rs. 20 Lakh is requiredMinimum turnover of Rs. 20 Lakh is required
loading2

Check why Citibank Business Loan is the option

Citibank offers multiple financial products to suit the requirements of different borrowers. The bank also encourages the entrepreneurs by offering numerous loan schemes and fund programs from time to time. Here are the reasons which make the Citibank Loan the best loan option for you:-

  • Multiple loan schemes
  • Competitive interest rates
  • Funds available up to 25lac
  • Processing fee only up to 2%
  • Extend repayment tenure up to 60 months
  • Top-up loan facility also available
  • Receive the cash within 2 days
  • Guarantor not required
  • Online loan application and approval

City Bank Business Loan Interest Rate

Salaried Individual

Loan Amount

Starting From Rs. 50,000 up to Rs. 25 lakhs

Interest Rate

10.99% - 20.00%

Loan Tenure

12 to 60 months

Processing Fee

2.50%, Minimum Rs. 1,000 Maximum Rs. 25,000

Foreclosure Charges

Allowed after 12 EMIs, Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2%

Age

21 years up to 60 years

Key Features of Citibank Business Loan

With Citibank, you can easily meet the planned as well as the unplanned expenditure of your business as the loan is approved in just a few days. So, even if you have any urgent financial requirement, you can easily meet the same with Citibank Business Loan. The bank allows the borrowers to use the funds for almost all sorts of business requirement such as purchasing assets, meeting financial liabilities, setting up a new branch and so on.

The business loan provided by the Citibank is highly preferred by the borrowers as the financial assistance and professional services of the bank are just unmatchable. Let’s have a look at the key features of the Citibank Business Loan

Affordable interest rates

Citibank Business Loans are available at quite affordable interest rates, so you need not give a second thought before taking the loan.

Special loan schemes

Multiple special loan schemes are offered by the bank from time to time which further provide special benefits as well as lowers the interest rates.

Quick and Easy loan process

The loan process is also very simple and easy as you can apply online in just a few clicks and complete the entire process online

Low EMIs available

You can easily repay the loan in small EMIs and extend the loan tenure up to 60 months depending upon your expected future cash flow.

Minimal loan processing charges

The loan processing fee charged by the bank is also very minimal which again makes Citibank Loan an affordable option for you. Processing charges only go up to 2%.

Top-up loan also available

Even after taking the loan, you need some more funds then you can easily apply for the top-up loan and get the additional funds instantly.

Minimal documentation

The documents required for the approval of your loan are also very basic which are easily available with almost everyone. The best part is document verification is also conducted online.

Instant disbursal of funds

Once your loan application is approved the funds are made available in just 2 days. So, you can easily meet your instant requirements with Citibank.

Loan up to 25lac

You can instantly get the loan up to 25lac without any collateral or security. With Citibank, you can easily get the high amount loan to meet your bulk expenditures.

City Bank Business Loan Fees & Charges

Loan Processing Fees Up to 2.50% of loan amount, Rs 1,000 to 25,000
Pre-payment Charges 4% of principal outstanding - 13 to 24 months,
3% of principal outstanding – 25 to 36 months
2% of principal outstanding - >36 months
Penalty for late EMI payment 24% per year on outstanding amount From default date
Eligibility Criteria

Check your Eligibility for Citibank Business Loan

If you are planning to apply for a business loan from Citibank then you must meet the eligibility criteria listed below:-

1.

If you want to apply for the business loan with Citibank, then your minimum age should be 21 years and you maximum age at maturity of loan should be 65 years

2.

In order to apply for the business loan, you should either be a self-employed individual, partnership firm, Proprietor or a Private Limited Company.

3.

You should have been in your current business for at least 3 years.

4.

Your annual income and turnover should meet the minimum monthly income as well as the turnover requirement of the bank.

Documents Required for Citibank Business Loan

In order to get your Loan approved quickly, you need to provide some basic documents to the bank. Let’s know the documents required for the approval of your Citibank Business Loan:-

  • Identity Proof – Passport/PAN Card/Driving License/ID Card/Aadhaar Card

  • Proof of Business Existence – IT Returns/Bank Statement/Certificate of Incorporation

  • Statement of Bank – You need to provide the statement of the bank for previous 6 months.

  • Address Proof – Voter ID/Electricity Bill/Passport/Telephone Bill/Bank Statement/Driving License

  • Loan Application – You need to provide a duly filled loan application.

Documents Required

What are the benefits of applying loan from Rupee Station?

Rupee Station is an online loan platform where you can easily get the assistance of financial experts and instant loan. Our aim is to make the loan procedure hassle-free and paperless for borrowers. We provide the business loan at the lowest interest rates and our loan process is accomplished online with just a few clicks.

At Rupee Station, we enjoy an exclusive collaboration with Citibank, so you can easily avail the latest loan schemes offered by the bank. We also make the loan available to the borrowers with bad credit score. Here is the list of other benefits of Citibank Business Loan, take a look:-

Tailor-made loan options

We provide customized loan options to perfectly match your fund requirements. So, if you want to take a loan which completely suits you, apply for a loan at Rupee Station.

Apply in just a minute

You can apply for the business loan in just a minute by filling the loan application form at our website. The form is also quite simple and asks for some basic information.

Funds disbursed within 2 days

We make the funds available instantly in just 2 days. Once you fill the form, your loan application is processed on the priority basis and funds are made available instantly.

Paperless documentation

Our aim is to make the documentation process paperless, thus we provide online verification of documents which makes the documentation process hassle-free.

Real-time application tracking facility

We also provide the facility of real-time application tracking, so you can easily get to know the status of your loan application is just a few clicks.

Get Citibank Business Loan in just 3 steps

At Rupee Station, you can easily apply for the Citibank Business Loan in just 3 simple steps which are listed below. Have a look:-

Step 1

Fill our online loan application, which requires your basic details.

Step 2

Your loan application will be processed instantly by our financial experts and they will get in touch with you to know the other essential information.

Step 3

Cash disbursed in your account within 2 days after the approval of your loan application.