You can get a personal loan from Citibank for various immediate needs, such as medical emergencies, marriage expenses, online courses, vacations, and so on. Negotiating with Citibank on the personal loan interest rates depends on various factors. Before you go into the various impacting parameters, let us look into the features of Citibank personal loans. 

Features of Citibank Personal Loans:

Citibank personal loans can be the best choice for a variety of reasons. Some of the key features and benefits of Citibank personal loans are:

  • You can get a loan amount upto 30 Lakhs 
  • Loan disbursal is speedy and happens within 48 hours
  • Pre part payment facility is available. 
  • Affordable interest rates beginning from as low as 9.99% per annum. 
  • Simple and minimal documentation for current Citibank customers 
  • Flexible repayment tenure options ranging from six months to 60 months

When can you negotiate on Citibank Personal Loan Interest Rates?

The following factors will help you to negotiate for better interest rates: 

  • You can negotiate for an affordable interest rate if your credit score is good. 
  • If you have a steady and stable income, banks will give you good interest rates for your loans.
  • If your monthly income is on the higher side, you can easily get a better interest rate.
  • If you have a secured job and have not changed your job often, you will get a better interest rate. 
  • Government or private sector employees have a greater job security compared to self-employed individuals. Such employees will qualify for lower interest rates.