Citi Salary Transfer Loan | MoneyCamel

Citi Salary Transfer Loan

CitiBank

Citi Salary Transfer Loan

Salary Transfer Loan
CAMEL VIEW
  • Instant funding on approvals.
  • Competitive rates starting from 4.99%.
  • Minimum salary must be AED 8,000 p.m.
  • Length of service must be 6 months.
FEATURES
Interest/Profit Rate 
4.99 % p.a.
Maximum Loan Amount 
AED 500,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 8,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
6 Months
FEES & CHARGES
Early Repayment Fee 
1 % of Loan Outstanding
Installment Deferment Fee 
AED 95
Loan Cancellation Fee 
AED 100
Liability/No Liability Charges 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Interest rate varies between 4.99% and 14.99%.

Instant funding on approvals.

Credit Insurance will repay the outstanding loan balance in case of the borrower's death and permanent total disability. A maximum premium of 2.01% on the loan amount will be added to the loan amount.

  • It is a requirement to transfer your salary to apply
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