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  #1  
September 2nd, 2015, 09:33 AM
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Citibank SBA Loans

I want to apply for the Small Business Administration (SBA) Loans of the Citibank so please tell me how can I apply for this loan, give me the complete procedure to apply for it? Also tell me the interest rates o the Small Business Administration Loans of the Citibank?
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  #2  
February 25th, 2020, 08:11 PM
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Guest User
 
Re: Citibank SBA Loans

I am already a customer of Citibank and want to take Business Loan from here searching for loan details. Will you provide Citibank SBA Loans Interest Rates also tell Eligibility Criteria?
  #3  
February 25th, 2020, 08:11 PM
Super Moderator
 
Join Date: Mar 2012
Re: Citibank SBA Loans

Citibank offers loan to self employed and businessmen for financing the expansion or working capital requirements of their business.

There are some benefits of taking loan from Citibank:

Part payment options available at nil charges
Loan for self employed individuals only
Competitive interest rates
Fast and convenient loan processing

Citibank Business Loan Interest Rates India:

Interest Rate 16.00%
Processing Fee Upto 2%
Tenure From 12 months to 60 months
Lowest EMI per lakh ₹ 2,432
Loan Amount Min ₹ 1 Lakh and Max ₹ 25 Lakh
Part Prepayment, Charges Not allowed
Early Foreclosure, Charges Allowed after 12 EMI's, 3%

Citibank Eligibility Criteria

Age: 25 to 65 years
Minimum Turnover ₹ 0
Business Existence (in months) 0 months
ITR (months) 0 months
Loan Amount ₹ 1 Lakh to ₹ 25 Lakh
Loan Tenure 60 months
Owned House or Place of Work Not Required
CIBIL Score 750 and above

Address:

Citibank,N.A., PO Box 4830, Anna Road Post Office,
Chennai 600 002, Tamil Nadu, India.

Registered or Certified Mail:
Citibank N.A., Mail Room, ACROPOLIS, 9th Floor, New Door No.148 (Old No.68), Dr. Radhakrishnan Salai, Mylapore,
Chennai – 600 004.


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