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Citi Personal Loan

This loan allows you to be ready for anything, anytime. With Citi Personal Loan, you can easily access cash through installment loan.

  • icon Interest Rate
    Interest rate (p.a.)
    26.90% - 26.90%
  • icon Min. monthly income
    Loan Tenure
    1 - 5 years
  • icon Min. monthly income
    Approval Duration
    Up to 24 hours
  • icon Min. monthly income
    Min. monthly income
    ₱ 21,000

Loan Calculator

icon New Base Rate Loan Calculator

Monthly salary 21000
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Total Interest Payable
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Whats so great about Citi Personal Loan?

  • Get approved in as fast as 24 hours!

  • High loan amount of up to ₱2,000,000 (subject to approval)

  • Loan tenor from 12 to 60 months.

Product Features

Min. Financing Amount ₱100,000
Max. Financing Amount Up to ₱2,000,000
Min. Loan Tenure 12 months
Max. Loan Tenure 5 years
Interest Rate Annual Contractual Rate (ACR) of 26.9%.
Approval Duration Up to 24 hours

Fee & Charges

One time set up
Stamp Duty ₱1.50 for every ₱200.00 of the amount, subject to applicable laws and regulations
Disbursement & misc. fee ₱1,750.00 for each disbursement
Annual Fee N/A
Other Fees Returned Check Fee - ₱1,500.00 will be charged for every returned check /bounced post-dated check.
Other Fees Closure Handling Fee of 4% of the unbilled principal component of the loan that is prepaid.
Late Payment Charges ₱500.00 or 6% of the Past Due Amount, whichever is higher
Other Penalties Post Dated Check Deferment - ₱1,500.00 will be charged for every post-dated check (PDC) that you request to defer/delay


Age requirement Age 21 - 65
Guarantor / Collateral requirement No
Min. salary requirement Have a minimum gross annual income of Php 250,000
Employment eligibility Must be a principal credit cardholder

Other Requirements

Need to open linked bank account? No
Other details Method of Payment - Cash, Online banking , Check or ATM Transfers

Review by iMoney

Citibank, one of the leading international banks, opened its first branch in Manila back in 1902 under its predecessor, International Banking Corporation. Citibank Philippines, Citibank’s branch in the Philippines is currently the largest foreign commercial bank in the country. Citi Philippines offers a wide range, full-service financial portfolio that caters not only to the public sector but also to multinational companies, top-tier Filipino corporations, and other financial institutions as well. Given the depth of the services they offer and the years of experience under their belt, you are guaranteed to enjoy a high level of financial expertise partnered with quality customer service that can answer to every financial assistance you might need. Their Citi Ready Credit Personal loan offers additional funds using a fast, end-to-end solution for those in need of immediate cash flow. The entire online application process is quick and easy, and you can get your application results right away with a turnaround time of just 24 hours. Borrow loan amounts from as low as ₱20,000 up to ₱2,000,000 which you can pay with flexible terms starting 1 year to a maximum of 5 years. With a fixed rate of 26.9% effective interest rate per annum.

Advantages Of Applying With Citi Ready Credit Personal Loan:

  • Fast approval in just 24 hours.
  • High loan amount of up to ₱2,000,000.
  • Long loan repayment terms of up to 5 years.
  • No collateral or guarantor required.

If Citi has always been your trusted financial provider, you can view more details of their personal loan product below.

Citibank Personal Loan FAQ

How much can I borrow?

With a Citibank Personal Loan, borrow as much as ₱2,000,000, subject to approval.

How long does Citibank take to approve a loan?

Citibank can approve a loan as fast as 24 hours.

How do I apply for a personal loan from Citibank?

You can proceed with your loan application by applying through iMoney through our application form. After you click on "Apply", you will be sent to the Citi application page where you must continue the application process. An authorized Citi representative will contact you to progress with your application.

How do I pay my loan online? What are the interest rates?

You can pay your Citibank personal loan online through various electronic funds transfer apps which additional charges may apply. Interest rate is 26.9% per annum.

What are the Citibank Personal Loan Requirements?

An applicant must fulfill Citibank’s eligibility criteria for a loan:

  • Must be 21 to 65 years old.
  • Must be a Filipino citizen OR,
  • Local resident foreigner with a valid Philippine billing address.
  • Must have an existing non-Citi credit card for at least 3 months or Citi credit card for at least 6 months.
  • If employed:
  • With a minimum annual income of ₱250,000.

Consequently, after filling out an application form, the following documents are necessary:

  • Two (2) valid IDs with photo and signature (ex. passport, driver's license, GSIS e-Card, SSS photo card ID, TIN photo card).
  • ITR or BIR 2316 or latest 3 full months payslip.
  • Photocopy of the front side of any active credit card (must be active for at least 6 months for Citi® Card and at least 3 months for Cards from other banks).

*Additional documents may be required during credit evaluation.

How does the Citibank Personal Loan Calculator work?

The Citibank Personal Loan calculator computes the estimated cost of borrowing and the amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.

How do I check my Citibank Personal Loan balance?

You can check your Citibank personal loan balance by opening the Citi Mobile app.

How do I check my Citi Personal Loan application status?

To check for your Citi personal loan status you can dial 1860 210 2484 for the 24/7 CitiPhone helpline. Next, you will have to quote your Citibank Personal Loan application number or form number. You will now get the status of your personal loan application. You can call this number regularly to track your application thoroughly.

How do I receive my Citi Personal Loan proceeds?

You can receive your loan proceeds by selecting any of the following methods: (1) Branch pick-up - Credit to any of your bank accounts in the Philippines that accepts funds transfer from another bank or (2) Delivery of a Managers Check to your billing address

Can I assign someone else to receive my Citi Personal Loan proceeds on my behalf?

For security purposes, loan proceeds will only be released to the loan applicant.

When do I have to start making payments for my personal loan?

You will start payment from the second succeeding month after getting your personal loan proceeds.

How can I pay my personal loan online?

You can pay your Citibank personal loan online through NEFT, E-PAY or ACH/ECS.

How can I pay my Citi Personal Loan from BDO?

To be able to pay your Citibank personal loan from BDO, you must first enroll your Citi account as a biller. After that, all you have to do is to login to the BDO website or mobile app, select Pay Bills/Payments, choose Citibank as the biller, select the card type and enter card number and then enter the amount to be paid.

What is the foreclosure charge for Citibank Personal Loan?

There is a closure charge of 4% of the unbilled principal component of the loan that is prepaid.

Is Citi Ready Credit Personal Loan the right one for me?

Offering one of the longest loan repayment terms in the market at 5 years, Citi Ready Credit Personal Loan will allow you enough time and flexibility of paying back the debt at your convenience. The entire process, from application to approval is also fast, easy, and convenient, which allows you to receive an immediate response regarding your status. If these are the qualities you are looking for, then Citi Personal Loan is the right product suited to your needs.

If you are looking for personal loans offered by other banks in the Philippines, you may also consider:
CIMB Personal Loan

With CIMB Personal Loan, you can quickly address your urgent cash needs for any purpose. Borrow from ₱30,000 to ₱1,000,000 with a fixed interest rate starting from 13.47% per annum and monthly add-on rate of 1.12% to 1.95%. The loan tenure would be from 1 up to 5 years, and the minimum monthly gross income requirement is ₱15,000. No processing, disbursement, and early settlement fees!

Maybank Enable Personal Loan

With a low, monthly income requirement of just ₱18,000, Maybank Enable Personal Loan offers one of the more attractive options in the market today. You can borrow any amount from ₱50,000 to ₱1,000,000 and enjoy one of the lowest interest rates at 13.2% per annum. The maximum tenure is 3 years.

HSBC Personal Loan

You can enjoy payment flexibility and fast approval time with HSBC Personal Loan. Get to choose flexible payment terms from 6 to 36 months and borrow from ₱30,000 up to ₱500,000 with a minimum interest rate of 14.52% per year. Get approved easily with a low minimum income requirement of just ₱14,000 per month.

If you're still looking for other options, you can view the full list of Cash Loans available on our website and compare which one matches your need.