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| Home>Loans>Salary Transfer Loan |
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| Want to renovate your house? Worried about your kids' education expenses? Financial obligations to be taken care of? |
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| Call us to know how a Salary Transfer Loan can transform your life. No matter how big or small your goal, we can help make it a reality. Having a dream is great but having a plan is better. |
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| Salary Transfer Loans are available to Bahraini nationals and expatriate residents. In order to qualify, you must be currently working in a government or large private organisation and earn a minimum salary of BHD 300. |
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| Loans for Bahraini Nationals |
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| You can avail a loan of up to BHD 20,000 |
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| Repayment can be stretched over a period of upto 60 months |
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| Loans For Expatriates |
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| You can avail a loan of upto BHD 10,000 |
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| Repayment can be stretched over a period of upto 60 months |
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| With a Salary Transfer Loan you can enjoy... |
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| A salary account with no minimum balance requirement |
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| Free ATM Card that lets you access your cash at over 240, 000 ATMs across the globe |
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| Access to our 24-Hour CitiPhone Service to manage your accounts, round-the-clock from anywhere in the world |
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| A consolidated statement that gives you a clear picture of your finances |
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| Plus, a world of exclusive privileges and services when you bank with Citibank International ATM/Debit card |
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| Insurance Coverage : |
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| Citibank requires your loan to be covered by life insurance, which will repay the outstanding loan balance in case of the borrower's death and permanent total disability. This product features pre-approval and guaranteed insurance coverage provided by ALICO. There are no medical examinations required. This is a built in insurance feature to protect the loan outstanding amount in case of loss of life. A maximum premium of 5.07% on the loan amount will be added to the loan amount and loan insurance premium outstanding will be settled against the pre-payment penalty in cases of pre-mature loan closures for such coverage unless customer assigns his/her existing life insurance policy.Click here for more details. |
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To apply for the a Citibank personal Loan, please call our 24-Hour CitiPhone Service on 1758 2484(CITI) or contact us. |
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| For more information, call our 24-hour CitiPhone Banking Service on 1758 2484 (CITI) |
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| Terms & Conditions |
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- All Loan approvals are at the sole discretion of Citibank, N.A. Bahrain.
Approvals are based on:
- Completion & submission of documents required by Citibank,N.A. Bahrain
- Customer meeting eligibility criteria of Citibank,N.A. Bahrain
- Customer's agreement to the terms and conditions of the loan facility
- Central Bank of Bahrain guidelines
- Citibank Terms and Conditions apply and are subject to change without prior notice. They are available upon request and on this website.
- Citibank reserves the right to vary any of these Terms and Conditions from time to time without prior notice.
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| Specific terms & conditions apply and available on request and subject to change without prior notice. |
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