Citibank gives home loans for an amount up to Rs. 10 crores. The interest rate on loans offered by the bank starts from 6.75% p.a. At Citibank, customers have the flexibility of extending the loan tenure for ease of repayments up to 25 years. With its schemes of home financing, Citibank allows funding up to 80% of the total cost of the property.
1. Loan Amount: Offering a home loan amount of as high as Rs. 10 crores, Citi Bank caters to the housing needs of people coming from different sections of society
2. Affordable Interest Rate: Starting from as low as $$City Bank -home-Loan-for-salaried-self-employed$$, the interest rate of Citi Bank makes home loans affordable to all
3. Prepayment/Foreclosure Charges: For both floating as well as the fixed interest rates on a home loan, Citi Bank takes no additional charges if you plan to prepay/foreclose your home loan
4. Processing Fee: The processing fee charged by Citi Bank on a home loan goes up to Rs. 5,000
5. Digital Application Process: To make the life of all the home loan borrowers easy, Citi Bank offers the feature of applying for a home loan online (at its official website)
6. Flexible Tenure: Ranging up to 25 years, the tenure offered by Citi Bank on a home loan is flexible and ensures affordable EMIs
7. Balance Transfer Facility: You are free to transfer your home loan from other banks or NBFCs to Citi Bank by just paying the minimal processing fee
8. Documentation: To avail Citi Bank home loan all you need to do is to submit minimum documentation
