Citibank Car Loan in Indore

About Citibank Car Loan in Indore

Citibank is one of the country’s eminent bank. It provides a loan to the town’s people for purchasing a commercial vehicle. The town’s people can avail the loan by visiting the nearest bank branch. The loan scheme is available for all the eligible candidates. Check the eligibility criteria and apply for the loan.

Citibank Car Loan in Indore at a Glance

ParticularsDetails
Interest Rate As per bank’s norms
Loan amountCustomized
Tenure1 year to 4 years
Processing feeAs per bank's norm
Pre- payment charges3% of the outstanding amount

Eligibility Criteria

The Citibank provides commercial vehicle loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:

  • The minimum age of the applicant should be 18 years and maximum 65 years
  • The applicant must earn suitable income
  • The loan is provided to eligible segments and they are – Auto Carrier, transportation, school, construction, quarry, road & bridge, tours & travels, agriculture

Documents Required

In order to avail the benefit of consumer vehicle loan, the individual needs to submit the following documents:

  • Application Form
  • Fleet/ Equipment list signed by the applicant
  • RC Copies/ Invoices/ Insurance Cover Note Copies for assets owned by the applicant/ group
  • Any other information requested by the visiting officer
  • Self- Attested copies of – Voter ID, PAN Card, Drivers License, Passport, Bank Passbook, utility bills ( electricity bills, telephone bill), Partnership Deed

For further details refer, Car Loan Indore

Address of Citibank Branches in Indore

The branch address, IFSC Code, MICR Code and customer care details of Citibank branches located in Indore are mentioned in the table below:

Branch Name
Complete Address
IFSC Code
MICR Code
Contact Number
IndoreUG Nos. 1 to 4 & 101 To 106, Ground Floor, Apollo Square, Race Course Road, Opp. Narayan Kothi, Savarkar Pratima Chouraha, Indore 452007CITI0000020
452037002022-40005706/ 022-40005922/ 022-28446390 /022-40015618

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