What do I get from this product?
Principal Loan Amount
- The minimum principal loan amount is RM5,000. New-to-bank customers are entitled to a loan amount of up to RM120,000. Existing customers meanwhile are entitled to a loan amount of up to RM150,000.
Loan repayment tenure options
Prescribed Rates (New-to-Bank)
- Prescribed rates for a New-to-Bank customer will be at an effective interest rate range of 9.90% - 16.90% per annum. For your ease of comparison, the equivalent flat interest rate is approximately 5.33% - 9.80% per annum.
Annual Income Requirement
- Minimum income requirement is RM60,000 p.a. For existing Citi credit cardmember, the min income requirement is RM48,000 p.a. Application is subject to approval.
Any Fee and Charges?
|1-time Stamp Duty (Ad Valorem)||0.5% of approved loan amount.|
|Early Settlement Fee||RM200 or 3% of outstanding balance whichever higher, if loan is settled within first 2 years or before reaching half the tenure, whichever earlier.|
|Late Payment Charge (in addition to prescribed rate)||1% p.a. charged daily on past due amount.|