Citibank Car Loan Mumbai Eligibility Criteria - Wishfin

Citibank Car Loan in Mumbai

About Citibank Car Loan in Mumbai

To the residents of Mumbai, Citibank provides a vehicle loan for the purchase commercial vehicle. This loan can be availed by the eligible candidates for the period of up to 4 years. The customers can apply for the loan either by visiting the bank branch or online. The details of the loan product are provided below.

Citibank Car Loan in Mumbai at a Glance

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 Mumbai

Address of Citibank Branches in Mumbai

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

Branch NameComplete AddressIFSCMICRContact Number
Mumbai Bombay Building, 293, DR. D D Road, Fort, Mumbai-400001CITI0100000400037002022-40005706/022-40005922/022-28446390 /022-40015618
Andheri Citibank NA, Kalpachandra, Next to Shoppers Stop, AndheriCITI0000036400037002022-40005706/022-40005922/022-28446390 /022-40015618
JuhuCitibank NA, Ammu, B1, V Mehta Road, JVPD Scheme Juhu CITI0000037400037002022-40005706/022-40005922/022-28446390 /022-40015618
VashiCitibank NA, Mahatma Phule Bhavan, Palm Beach Road, Junction Sector 17, Vashi, New Mumbai CITI0000038400037002022-40005706/022-40005922/022-28446390 /022-40015618
BandraCitibank NA West View Building Road, Khar Danda Junction, Khar West CITI0000039400037002022-40005706/022-40005922/022-28446390 /022-40015618
AIBCitibank NA AIR India Building, Nariman Point, Mumbai CITI0000040400037002022-40005706/022-40005922/022-28446390 /022-40015618
RTGS-HOBombay Mutual Building, Fort, Mumbai-400001CITI0RTGSMI 40003700240005706

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%