Citibank Home Loan Bangalore | Apply citibank home loan online

CitiBank home loan comes at a competitive interest rate, longer tenure and higher loan amount. CitiBank has various kinds of loan options to suit the requirements of everyone. It also offers unique home credit loan that saves the interest and repay the loan faster.

Features and Benefits of Citibank Home Loan Bangalore

• Competitive interest rates in the range of 10.00%-10.50% in case of variable rate
• CitiBank provides home loan as high as Rs. 10 crore
• The loan tenure is flexible and is available up to 25 years
• CitiBank offers home loan up to 80% of the value of the property
• CitiBank also provides its home loan customers easy payment facility. During construction of the property it allows the borrowers to pay only the interest amount
• CitiBank provides various kinds of home loan
  • o Loan against property: CitiBank provides loan against the property so that the borrowers can fulfill any personal or professional requirements.
  • o Takeover plus enhancement: With this facility Citibank allows its customers to transfer their existing high cost loan to CitiBank and reduce their EMIs.
  • o Top up on existing loan: The existing borrowers can avail top up loans on the existing home loan to fulfill their professional or personal use. The top up loans are given on the basis of the repayment track record and the value of the property
• CitiBank offers a complete home insurance package “Home Power Protect”. It provides complete coverage for damage to the building and content
• CitiBank provides a unique home credit loan that has the features of a regular term loan with the transactional features of a current account. The Home Credit Account which is a current account is linked to the home loan. The amount deposited in the Home Credit Account in excess of the threshold and subject to a maximum of outstanding loan is transferred to the loan account to offset the interest being charged on the loan. This feature helps to save on interest and repay the loan faster.
• The interest is calculated on daily reducing balance
• Citibank has a convenient repayment system through Standing Instruction or Electronic Clearing System
• The borrowers have an online access to their home loan account Interest

Variable interest rate for Home Loan /Home Loan Take over

Other charges

Processing charges are up to Rs.5000/- plus service taxes as applicable

Booking fee is up to 0.40% of the loan amount sanctioned

Cheque bounce charge is Rs. 500/- per instance

Foreclosure charges are nil for variable rate home loan or semi fixed rate of home loans during which the rate is variable. For fixed rate of home loan during the semi fixed period and for part payment more than 25% of the sanctioned amount , Citibank charges 2% plus taxes as applicable

Home Loan Bangalore and CitiBank

Home Loan Bangalore helps to provide CitiBank home loan to its customers. We have joined hands with CitiBank and help our customers by providing them hassle free loan by taking care of the whole loan procedure from start to the end.

• Our website provides all the details about the home loan given by Citibank like interest rates, other charges, types of loan available etc. It’s easy for them to read the summary of the feature and benefits to understand about the home loan.
• The Home Loan Bangalore customers can compare the interest rates offered by Citibank on home loan with other banks. We provide a table on our website where we update the interest rates by various banks we deal with.
• Home Loan Bangalore.com provides expert services to its customers by helping them decided which loan option to choose depending on their requirements and repayment capacity
• Home Loan Banaglore.com handles all the documentation work for the customers thus making their life’s easy.

Citibank Home Loan Eligibility

Citibank offers home loan to individuals who are at least 23 years of age and have a work experience of at least 2 years.

Required Documents for Citibank Home Loan