Guide on Citibank Home Improvement Loan Offer & the Application
CITIBANK HOME IMPROVEMENT LOAN – Here is a guide on the features of this Citibank Home Loan offer and how to apply for it.
If you are in the pursuit of making home renovations, getting new appliances for your house, or adding an extra room or living area to your house, you can turn to Citibank. The Citibank Home Improvement Loan may be the perfect solution for you.
Citibank Home Improvement Loan
The Citibank Home Improvement Loan is a non-collateral offer which boasts with low monthly amortizations. The bank has set two (2) lists of eligibility requirements depending of you will avail the Citi Personal Loan or the Citi Ready Credit Line.
For Citi Personal Loan applications, the borrower-applicant must be:
- at least 21 years old but not more than 65 years old
- a Filipino resident or a local resident foreigner with a valid Philippine billing address
- earning at least Php 250,000 annually
- having a credit card
For Citi Ready Credit Line applications, the borrower-applicant must be:
- at least 25 years old but not more than 65 years old
- a Filipino resident or a local resident foreigner with a valid Philippine billing address
- earning at least Php 360,000 annually
- having a credit card
How much you may borrow?
Under this loan offer, you can borrow up to P2 million. You can pay for the amount that you borrowed for up to five (5) years or sixty (60) monthly installments.
Citibank Cash Loan Requirements
To apply for the loan offer, you must submit the following documents:
- duly-accomplished and signed loan application form
- two (2) valid IDs with photo and signature
- Income Tax Return (ITR) or the Bureau of Internal Revenue (BIR) 2316 or the latest 3 full months payslip
- photocopy of the front side of any active credit card
Bring your documents to a branch of Citibank nearest to your residence or office. All loan applications are subject to the bank’s approval.
You may also visit – CITIBANK CREDIT CARD – How To Apply & Requirements To Prepare