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Personal Installment Loan


Get a Personal Installment Loan upto AED 200,000 without a salary transfer:

Pay as little as AED 289 per month for a personal loan of AED 10,000.*
Discover easy repayment plans, spread over a maximum of 60 months
Enjoy simple and easy documentation
If you meet the below criteria, then take advantage of this unbeatable offer:
Salary (AED) Max. Tenor Loan Amount (AED)
3,000 and above 60 months Up to 100,000**/200,000
Requirements:
Current dated Salary Certificate (3 months on current job)
Last two months bank statements (with Salary / Check Transfer)
Passport Copy / Labour Card Copy
Post dated Checks

Go ahead even if you have an existing loan with another bank. Take your dream holiday, furnish your home, pay your children's school fees or meet an emergency with the Personal Installment Loan and pay in convenient monthly installments.


Insurance Coverage:

Citibank requires your loan to be covered by life insurance, which will repay the outstanding balance of your loan in case of the borrower's death. This product features pre-approval and guaranteed issuance of cover 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. Alternatively, if you have a life insurance policy, then you may provide the policy with beneficiary being Citibank and would not be charged for this life insurance offering.


Click here for more details

All Loans are subject to Citibank approval. Terms and Condi tions apply and are subject to change without prior notice. They are available upon request and on the website. Interest rate (maximum applicable rate is 26% per annum calculated on reducing balance) fees and charges apply and are subject to change without prior notice. Credit Plus is underwritten by Alico and is subject to policy terms and conditions. Credit Plus is not the obligation of Citibank or Citigroup or any of their affiliates or subsidiaries.
*Calculated at 24.25% interest p.a. on a reducing balance for 5 years.
** Self-Employed Customers are eligible for loan of up to AED 100,000