Citibank Personal Loan: Requirements, Application, FAQs

Check out what you need to know about the Citibank personal loan.

CITIBANK PERSONAL LOAN – Here are some important things that you probably need to know about the Citibank personal loan from requirements to application.

The Citi’s personal loan is ideal for:

  • Improving your home
  • Going on your dream vacation
  • Simplifying your debts
  • Being ready for emergencies
  • Enrolling your kids
  • Boosting your business

REQUIREMENTS:

  • Borrower must be 21 to 65 years old
  • Filipino, however, if a local resident foreigner, you must have a valid Philippine billing address
  • Has an annual gross income of Php 250,000.00
  • Must have a principal credit card (at least 1 year from the other banks and 6 months if with Citibank)

-Submit the following:

  1. One (1) valid government-issued ID with photo and signature.
  2. FOR EMPLOYED: Latest Income Tax Return (BIR Form 2316) or latest 1 month full pay slip
  3. FOR SELF-EMPLOYED: Latest Income Tax Return (BIR Form 1701); and Audited Financial Statements (AFS) of the business with independent auditor’s report and balance sheets and tax receipt

FOR FOREIGN NATIONALS

Accomplish submission of any of the following:

  • Valid passport or ACR, AND
  • Any of the following proofs of local residency:
    1. Immigrant Certificate of Residency (ICR)
    2. ACR I-Card with Visa status “Permanent”, otherwise, should be valid for more than 1 year
    3. Visa and Work Permit/Alien Employment Permit (AEP) with validity of more than 1 year
    4. Special Resident Investors (SRIV)
    5. Special Resident Retirement Visa (SRRV)
    6. For Top 2000 companies, employment contract or letter from Company HR printed on company letterhead with name, position, and confirmation of term.

The processing application could take in as fast as 24 hours as long as with complete documents needed. Once approve, you will be called in order to arrange your disbursement through these means: Branch pick-up or Delivery of Managers Check to your billing address.

***Proceeds will only be released to the loan applicant.

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