Citi Bank Salary Transfer Loan

  • Minimum Salary AED 8,000
  • Flat Rate
  • Reducing Rate 8%
  • Max. Term 4 Years
  • Salary Transfer Yes
  • Islamic Finance No


Getting a personal loan from Citi is fast, easy, and hassle-free. So now you can focus on what really matters, like the colour of your swim shorts for your dream vacation, or the details in your new house.

Major Advantages: High loan amount, Fast approvals

Points to Consider: It is a requirement to transfer your salary to apply


Minimum Salary Requirement: AED 8,000

Reducing Rate (as advertised): Starting from 8% p.a. (The rate is calculated on a reducing basis and varies between 8% to 15% depending on customer income and loan amount)

Flat Rate: 4.29% p.a. (as per 4 years calculation)

Processing Fees: 1% of the finance amount (Min AED 500, Max AED 2,500)

Maximum Finance Amount: AED 500,000 (or up to 20X your salary)

Islamic Finance: No

Maximum Term: 4 Years

Salary Transfer: Compulsory          

Early Settlement Fees: 1% of the outstanding amount

Insurance: Optional

Salaried/Self Employed: Salaried Only

Documents Required

  • Salary transfer letter.
  • Last 3 months bank statements (with salary transfer).
  • Minimum (fixed) monthly salary of only AED 8,000.
  • Passport Copy / Emirates ID Copy.
  • 6 months on the job or confirmed employment.

Additional Info

  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • Reducing rate is converted into Flat rate as per 4 years calculation.
  • Terms and conditions apply.

Apply and Request Call Back

Fill in your details below and a product advisor will call you back with more details.
EMI Calculator


Get Help

Jessica Anderson, Finance Specialist is ready to help you!