PAYLITE INSTALMENT LOAN

The One Hour Loan Promise.

Call 6238 8888 or visit any Citibank branch.

The one hour loan promise.

Citibank Ready Credit PayLite

  • 1 hour loan approval or we will waive your interest for 6 months! Call 6238 8888 or visit any Citibank branch.
  • Preferential interest rates.
  • Choice of flexible instalments up to 60 months.
How to Apply
Call us at 6238 8888 or Visit any Citibank branch Online - Click-for-Cash

1 hour loan approval or we will waive your interest for 6 months.

Steps to apply:

Step 1: Login to Citibank Online

Step 2: Go to Menu -> Services
Under Cards Services -> Click-for-Cash

Step 3: Input loan amount and tenure

Step 4: Submit online!

For Salaried employee:

  • A photocopy of the front and back of your NRIC.
  • Past 12 months' CPF statement submitted via www.citibank.com.sg/cpf
    OR
    Latest Income Tax Notice of Assessment and latest original computerised payslip.

For Self-Employed:

  • A photocopy of the front and back of your NRIC.
  • Last 2 years' Income Tax Notice of Assessment and last 3 months' bank statements.


Click here for a list of Citibank Branch locations.
Rates

PayLite Interest Rates and Tenures

No interest rate with upfront service fee*

Tenure 6 months 12 months
Effective Interest Rate 12.29% 12.55%
Upfront Service Fee 2.50% 5.50%

Preferential interest rate with no service fee

Tenure 12 months 24 months 36 months 48 months 60 months
Effective Interest Rate 11.50% 12.25% 13.00% 13.75% 14.50%
Nominal Interest Rate 6.34% 6.63% 7.10% 7.64% 8.23%

* No interest rate with upfront service fee, offer is not available for online application.

PayLite Interest Rates and Tenures (for SmartCash customers only)

Tenure 12 months 24 months 36 months
Effective Interest Rate 17.97% 19.02% 19.57%
Nominal Interest Rate 10.00% 10.50% 11.00%

Cancellation fee

3% of outstanding unbilled principal amount or S$100 whichever is higher.

The loan amount will be deposited into the bank account of your choice within 3-5 days of approval.

Tools & Resources
Eligibility
  • Citibank Ready Credit PayLite is valid for customers within minimum annual income of S$30,000.
  • For applicants with annual income of between S$20,000 to < S$30,000, please click here for SmartCash.

Citibank Ready Credit PayLite Programme Terms and Conditions: