CITIBANK MALAYSIA
Citi®

Lighten up

Save up to 2.5% p.a. on interest when you transfer your personal loan to us.

  • Settle your outstanding loan
  • Loan tenure up to 60 months
  • Loan up to 8X your gross monthly income
  • Enjoy immediate interest savings
Have an existing Personal Loan with another bank?

Get potentially lower interest rates and monthly commitments when you transfer your outstanding amount to Citibank.

Up to 2.5% p.a. interest savings
Existing Citi cardmembers Up to 2.5% p.a. lower
Non-Citi cardmembers Up to 1.9% p.a. lower
Up to 60 months loan tenure
With a loan tenure of up to 60 months, you could potentially reduce your monthly commitment.
APPLY NOW

Leave us your details and a Citibank officer will get in touch with you within two working days.

Name* Email* Contact No.* Monthly income
Less than RM4,000
RM4,000 and above
Do you currently or in the last 12 months, hold a credit card/loan with Citibank or any other financial institution?
Yes No

* All fields are mandatory

Note: In accordance with Citibank's privacy policy, the details you submit will not be used for any other purpose or shared with any other third party other than Citibank.

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GET AEON VOUCHERS* AS ONE OF THE FIRST 150 SUCCESSFUL APPLICANTS!
LOAN AMOUNT AEON VOUCHERS WORTH
Between RM10,000 and RM20,000 RM100
Above RM20,000 RM200
Citi Rewards AEON Vouchers

SCENARIO

You took a loan of RM60,000 with another bank in May 2014.

Flat rate: 10% p.a. Monthly instalment: RM1,501**

You transfer your balance of RM41,921 to Citibank and renew your tenure to 60 months.

 
New flat rate: 7.5% p.a. New monthly instalment: RM960  Save up to 2.5% p.a on interest with Citibank Personal Loan Interest Savings

**Based on an effective interest rate of 17.3% p.a. (equivalent to 10% p.a. flat rate) on a 60-month tenure.
All calculations are for illustrative purposes only and will differ on a case-to-case basis.

Here’s what you need to get started:
  • Aged between 21 years at the time of application and 60 years at the time of loan maturity.
  • Malaysian citizen or PR working in Malaysia.
  • Holding any bank's Credit Card/Home Loan/Personal Loan/Car Loan/Overdraft for more than 24 months.
  • Income and documents required:
APPLICANT TYPE SALARIED EMPLOYEES SELF EMPLOYED
Minimum annual income RM48,000 p.a. RM48,000 p.a.
Documents required Photocopy of MyKad (both sides) Photocopy of MyKad (both sides)
Latest EPF Statement Photocopy of Business Registration
OR AND
Latest 2 months’ salary slip Latest Form B with tax receipt
AND/OR OR
Any of the following documents where required:
  • Latest BE form with tax receipt
  • 3 months bank statements
  • Latest EA Form (date within the last 12 months)
6 months bank statements
Additional documents for Citi Debt Consolidation:
Redemption/Closure Letter issued by your current bank
OR
Letter of Offer/Approval from your current bank
OR
Latest annual or monthly Personal Loan statement

*Note: For self-employed, business must be established for at least 2 years.

An Instalment Loan is a standard cash loan that is disbursed to your designated current or savings account while the Instalment Loan Debt Consolidation is disbursed directly to your existing off-us loan account for full repayment purposes.
You are required to submit to Citibank your latest Personal Loan statement from the other financial institution which shows the bank’s name, loan account, loan amount, and loan start date. The statement can be the latest monthly statement, the annual statement, the original letter of approval or the loan closure quotation.
We will not provide a loan amount to partially cover your existing loan; hence your application will be rejected.
In the event there is an excess settlement payment or credit balance in your existing loan account with your other financial institution, you will be solely responsible to request for a refund from the other financial institution accordingly.
Under the Citibank Instalment Loan Debt Consolidation program, we will not accept disbursement to checking or savings account. The approved amount will be disbursed directly to the loan account via GIRO transfer, as per loan account details provided in the Personal Loan statement.
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