PAYLITE INSTALMENT LOAN

Citibank Ready Credit PayLite.

Welcome offer:
Promotional interest rate of 4.55% p.a.
(EIR 8.50% p.a.)^.

^For New Customers APPLY NOW

Citibank Ready Credit PayLite. Welcome offer: Promotional interest rate of 4.55% p.a. (EIR 8.50% p.a.)^.

Benefits of the Citibank Ready Credit PayLite

  • Get your loan approved in an hour. Call 6238 8888 or visit any Citibank branch.
  • Credit limit of up to 4X monthly income.
  • Attractive interest rates and affordable monthly instalments.
  • Flexible instalments of up to 60 months.

Apply for a new Citibank Ready Credit account and be eligible to enjoy a Citibank Ready Credit PayLite with a promotional interest rate of 4.55% p.a. (EIR 8.50% p.a.)^ for loan tenures of 12, 24 and 36 months.

For Existing Customers LOGIN & APPLY

How to Apply
Call us at 6238 8888 or Visit any Citibank branch Online - Click-for-Cash

1 hour loan approval

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

Welcome offer: Promotional interest rate with no service fee for new Citibank Ready Credit customers^

Tenure(months) 12 24 36 48 60
Nominal Interest Rates (per annum) 4.66% 4.55% 4.55% 5.72% 5.79%
Effective Interest Rates (per annum) 8.50% 8.50% 8.50% 10.50% 10.50%
No interest rate with upfront service fee*

Tenure(months) 6 12 18
Effective Interest Rates (per annum) 14.82% 15.20% 13.63%
Upfront Service Fee 3.00% 6.60% 9.00%

For existing Citibank Credit Card or Ready Credit holder:

Tenure(months) 12 24 36 48 60
Nominal Interest Rates (per annum) 6.06% 5.65% 5.39% 6.75% 6.85%
Effective Interest Rates (per annum) 11.00% 10.50% 10.00% 12.25% 12.25%

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

For existing customers, exclusive online rates are only applicable when you book your loan online. Other Terms and Conditions apply.

PayLite Interest Rates and Tenures (for SmartCash customers only)

No interest rate with upfront service fee*

Tenure 6 months
Effective Interest Rate 19.95%
Upfront Service Fee 4.00%
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.

Eligibility
  • Citibank Ready Credit PayLite is valid for customers within minimum annual income of S$30,000.
You are applying for: Citibank Ready Credit PayLite

Our Citibank banking officer will give you a call by the next business day to complete the application.

 

* Mandatory fields

* Mandatory fields

Existing Citibank Customer?*:

Yes No

Name*:

NRIC/Passport No./FIN*:

Mailing Address*:

Email*:

Mobile Number*:

Annual Income*:

* I confirm that I:

  1. am applying for the Citibank Ready Credit PayLite
  2. have provided accurate and complete details about myself in this form;
  3. agree to the terms of Customer Declarations & Confirmation; and
  4. consent to Citibank Singapore Limited contacting me for marketing of Citibank products and services including via the telephone.