HOME LOANS: All on how to make an application for mortgage loans

HOME LOANS: All on how to make an application for mortgage loans

A house you are able to phone your personal.

Now feasible with Citi mortgage loans with interest levels beginning at 8.20%*p.a.

Congratulations on finding your perfect house!

Pick from certainly one of our mortgage loan choices and permit us to help make your perfect a truth. Our mortgage loans, using their considerable features, host of advantages and interest that is competitive, have now been particularly built to match your house finance needs. With all the Citibank Home Credit choice, you can even avail the advantages of interest cost cost savings designed for withdrawal, or faster payment, to your mortgage.

Find out about just just exactly how Citibank mortgage loans provides the funding you would like so when you are prepared, make an application for a housing loan.

You can go to our ‘Helpful Links’ area below to locate extra information about our mortgage loan rates of interest along with other details.

Take a look at our Home Loan Eligibility Calculator to ascertain your house loan eligibility

Just click here to see the variety of domestic properties in your area that are authorized with Citibank

Have a look at our Home Loan EMI Calculator to determine your house loan EMI

Congratulations on finding your ideal house! Citibank mortgage loan having its considerable features and interest that is competitive can help you for making your perfect house a real possibility. *

Special options that come with Citibank Mortgage Loan

  • Appealing Rates Of Interest.
  • Effortless Home Loan up to Rs. 10 crore.
  • Versatile payment tenure as much as 25 years.
  • Residence Loans as much as 80percent of this home value.
  • Flexibility to pay for interest just during construction duration.

Advantages Of Citibank Mortgage Loan

  • Interest determined on day-to-day reducing balance.
  • No co-borrowers/guarantors needed.
  • CitiPhone platform to respond to all of your inquiries.
  • On line use of your mortgage loan account.

Mortgage loans available for

  • Buy of under construction home.
  • Buy of Ready Property.

Citibank gives you to power pack your loan through the unique Home Credit option which enables you to determine what interest you spend on your own loan.

Residence Credit loans run through Residence Credit approved cash Account that is an account that is current to your loan. All amounts deposited in the house Credit account in more than the limit quantity and susceptible to at the most your outstanding loan is transported for a day-to-day foundation to your loan account to offset the interest being charged in your loan. This quantity is definitely readily available for withdrawal by you being an overdraft line.

Citibank gives you 2 choices in Residence Credit loans as you are able to select dependent on your requirements:

Residence Credit Vanilla option provides you with a choice of keeping liquidity. An overdraft line is set in the Residence Credit account and interest cost savings arising from the Home Credit center get towards increasing this line, that will be constantly available for withdrawal by you.

Residence Credit Fast Track provides you with a choice of repaying your house loan quicker. Interest saves are modified towards lowering your loan outstanding, which effectively lessen the tenure of one’s loan which help you close your house loan quicker.

Click the link to learn more about Residence Credit center.

Click on this link to observe how it can save you interest and minimize tenure utilizing Home Credit Fast Track.

Loan Amount

It is possible to submit an application for a Citibank mortgage loan via:

Mortgage loans are available from Rs 5 Lakh to Rs 10 Crore.

Citibank mortgage loans have maximum payment tenure as high as 25 years. The tenure that is actual of loan is susceptible to the lender’s discernment.

On the basis of the valuation of the home, you are able to avail a true mortgage as high as 80per cent of your home value.

You ought to be at the least 23 years old and now have work connection with at the least 24 months to avail a true mortgage from Citibank.

Yes, based in your earnings and capability to settle, we are able to provide you with an in theory approval for the true Home Loan. In line with the loan that is approved, it is possible to determine the home you’ll want to purchase. But, the house should fulfill Citibank Credit parameters for finding a sanction that is final.

Yes, once you’ve finished repayments in your current loan for longer than half a year, you are able to expect you an extra loan that is top-up your current mortgage loan. The sanction that is final of loan are at the discretion of Citibank.

EMI is short for Equated Monthly Payments. This installment includes both the Principal and Interest Components. Citibank mortgages are repa Rs 1 lakh and interest price of 10%.

View here to find down the EMI on your own loan.

Loan Tenure (in Years) EMI Per Lakh (in Rupees)
5 2,125
7 1,661
10 1,322
15 1,075
20 965
25 909

Citibank gives you a bunch of repayment alternatives for your loan EMI. You can easily spend your EMI through: SI (Standing Instruction) on your own Citibank account or through NACH (nationwide Automated Clearing home).

Yes, you might be permitted to prepay your loan. You may want to elect to make partial prepayments on your property loan. Please relate to the conditions and terms mentioned when you look at the loan contract to learn more info on the relevant fees on prepayments.

Home Credit

Yes, you are able to! It is possible to choose for Citibank Residence Credit to help decrease the interest price on your own mortgage loan. To learn more, click on this link.

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Whether you are a buyer that is first-time trying to transfer your current loan or leveraging your premises’s equity to enhance your organization, Compare mortgage loans Citibank provides that come with a bunch of advantages and competitive interest levels.

  • Citi Loan against Property – enables you to leverage your residential or property that is commercial value by availing that loan against home.
  • Citi Home Loan Takeover Plus Enhancement – Enjoy reduced rates of interest with this mortgage loan stability transfer center then top your loan up to augment further economic needs.
  • Top-up Existing mortgage loan – Avail of the house loan top-up center to get more cash on the foundation of your payment record plus the present home value.

View all house loan options thereby applying for mortgage loan with Citi first of all your property loan journey today!

Disclaimers:

*Terms and conditions use. All loans are in the sole discernment of Citibank N.A. Citibank reserves the ability to ask for almost any extra papers from the applicant. Citibank reserves the proper, whenever, with previous notice to add / alter / modify / change or differ some of the conditions and terms or even to change them, wholly or perhaps in component. Follow this link for most significant Terms and conditions. Please make reference to our Schedule of Charges.

Home loans can be found just in Delhi-NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Jaipur, Coimbatore, Ahmedabad, Chandigarh & Kolkata.

Citibank Asia doesn’t promote any products or services to individuals resident within the European Union, European Economic region, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican and also the Isle of guy. This website is certainly not, and really should never be construed as, an offer, solicitation or invitation to get or offer some of the services and products mentioned herein to people resident into the European Union, European Economic region, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican together with Isle of guy.