Top Banks 2024
Citibank Kolkata
Last Updated : Jan. 24, 2017, 5:23 p.m.
About Citibank
In the last 25 years, Citibank has been leading the banking sector due to its innovative ideas. In 2016, the bank launched instant loan on card, instant insurance, and express decisioning for personal loans. For the first fiscal year ended March 31, 2016, Citibank India has reported a Profit After Tax of ₹3,233 Crores. Citibank is an employer of choice in India and continues to serve the best deals to its clients. No doubt, the bank offers loan of all kinds- Home Loan, Loan Against Property, Personal Loan, CitiBusiness Loan, Commercial Vehicle Loan at an attractive rate of interest.
Citi India also endeavours to support the nation’s priorities in the areas of education, financial inclusion, youth skilling, empowerment, basis nutrition and preventive health care, art and culture and environment sustainability. Having said that, in 2014, the bank launched the India Innovation Grant Program to encourage non-governmental organization (NGOs) to develop innovative programs that are scalable and replicable. The focus of this Foundation was solely in the space of Financial Inclusion. The program extended in 2015 to encompass Youth Skilling, based on the Indian Government’s priorities. Last year, in 2016, the program shifted its focus on Youth Skilling and Livelihoods.
Branch Addresses of Citibank in Kolkata
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Chowringhee Road | Kanak Building, 41, Chowringhee Road, Kolkata- 700071 | CITI0000001 | 700037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| Brabroad (Kolkata) | Citibank NA 9, Brabourne Road, Ground Floor, Kolkata-700001 | CITI0000028 | 700037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
Products Offered by Citibank in Kolkata
Citibank offers a wide range of products from a home loan, personal loans, loan against property, business loan, commercial vehicle loan, and investment products like fixed deposit.
Basic Details of Citibank Products
| Product | Eligibility | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | At least 23 years of age Minimum work experience of 2 years | Up to ₹10 Crores | 8.45% Onwards | Up to 0.40% of the loan amount | 25 years |
| Personal Loan | Salaried individuals Self-employed professional and business owners Existing Citibank customers with a Suvidha, Branch or a Mortgage relationship can avail of Citibank Personal Loan | Up to ₹30 lakhs | 10.49% Onwards | Up to 2.5% of the loan amount sanctioned | 5 years |
| Commercial Vehicle Loan | Up to ₹1 Crores | [citibank_cl_ir_sc][/citibank_cl_ir_sc] | Up to 3% of the loan amount | 4 years | |
| Business Loan | Up to 80% of the value of the collateral | Up to 2% of the loan amount sanctioned | 6 months | ||
| Loan Against Property | Individual of at least 23 years of age Salaried individual of maximum 60 years of age Self-employed individuals of maximum 65 years of age Salaried individuals with at least 3 years of working experience Self-employed individuals with at least 2 years of cash profit | Up to ₹5 Crores | 9.50% p.a. | Up to 0.75% of the loan amount | 15 years |
| Fixed Deposit | Valid identity proof Valid address proof A permanent address A telephone number | ₹15 lakhs and above | 2.00% - 4.25% | NA | 5 years and above |
Documents Required
| Products | Documents | ||
|---|---|---|---|
| For Salaried | For Self-employed | For Expat | |
| Home Loan | Signed application form with photograph ID and residence proof Approved Building Plan Last 3 months bank statements Last 3 months salary-slips Form 16 or Income Tax Returns | Signed application form with photograph ID and residence proof Approved Building Plan Last 3 months bank statements Last 2 years Income Tax Returns Last 2 years CA Certified Profit & Loss Account | NA |
| Personal Loan | Proof of Identity- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Overseas Citizen of India Card Person of Indian Origin Card Job card issued by NREGA1 Letters issued by the Unique Identification Authority of India Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address 3 Food Card (Ration Card) Letter from employer Lease Deed/ Rent agreement Copy/ Property Registration Document in the name of the Customer Last 3 months bank account statement, signed and stamped by existing banker Mutual Fund statements Overseas Citizen of India Card Person of Indian Origin Card Latest IT Return Original Letter from Company Proof of Age - Birth Certificate School Leaving certificate Passport Length of Employment / Continuity of Business- Letter from employer Old PaySlip/For m 16 HR check by designated CPA resource Proof of Income and Occupation- Latest one or 2 salary slip (not more than 3 months old) Latest Form 16 Last 3 months bank statement | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Overseas Citizen of India Card Person of Indian Origin Card Professional License With Photograph Trade License With Photograph Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address 3 Food Card (Ration Card) Letter from employer Lease Deed/Rent agreement Copy/ Property Registration Document in the name of the Customer Last 3 months bank account statement, signed and stamped by existing banker Mutual Fund statements Overseas Citizen of India Card Person of Indian Origin Card Latest IT Return Proof of Age- Birth Certificate School Leaving certificate Passport Length of Employment / Continuity of Business- Lease Deed/Rent Receipts Ownership Document Utility Bills Tax Returns from the same city 3 year old bank statement Proof of Income and Occupation- IT Returns for last 2 years and supplementary documents Computation of Income Schedule P&L Account Balance Sheet Audit Report Above accounts to be certified by CA Last 6 months bank statement | Proof of Identity- Photograph is mandatory PAN Valid VISA Proof of Residence- A letter from employer/ Certificate from Embassy of the Country of Origin or any appropriate legal authority certifying the local address in India. Last 3 months bank account statement/ Passbook signed and stamped by existing banker. Rent agreement Certificate of Registration issued by the FRRO Proof of Age- Birth Certificate School Leaving certificate Passport Length of Employment / Continuity of Business- Letter from employer Old PaySlip/Form 16 HR check by designated CPA resource Proof of Income and Occupation- Latest one or 2 salary slip (not more than 3 months old) Latest Form 16 Last 3 months bank statement |
| Vehicle Loan | Proof of Identity- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address 3 Food Card (Ration Card) Letter from employer Lease Deed/ Rent agreement Copy/ Property Registration Document in the name of the Customer 3 months old bank statement, signed and stamped by existing banker Mutual Fund statements Overseas Citizen of India Card Person of Indian Origin Card Latest IT Return Original Letter from Company Proof of Age - Birth Certificate School Leaving certificate Passport | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address 3 Food Card (Ration Card) Letter from employer Lease Deed/Rent agreement Copy/ Property Registration Document in the name of the Customer Bank account statement printed on bank’s letterhead, not more than 3 months old, signed and stamped by existing banker Mutual Fund statements Overseas Citizen of India Card Person of Indian Origin Card Latest IT Return Proof of Age- Birth Certificate School Leaving certificate Passport | NA |
| Business Loan | Proof of Identity- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address 3 Food Card (Ration Card) Proof of Age - Birth Certificate School Leaving certificate Passport | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Utility Bill not more than 3 months old with name & address Proof of Age- Birth Certificate School Leaving certificate Passport | NA |
| Loan Against Property | Filled loan application form 2 Passport size photos Last 2 years ITR Identity proof (Passport/Driving License/Voter ID/PAN Card) Residential address (Leave and License/Registered Rent Agreement/Utility bill up to 3 months/Passport) Last 6 months salary slip Last 2 years Form 16 Last 6 months bank statement showing salary credit | Filled loan application form 2 Passport size photos Last 2 years ITR Identity proof (Passport/Driving License/Voter ID/PAN Card) Residential address (Leave and License/Registered Rent Agreement/Utility bill up to 3 months/Passport) Business proof such as VAT/service tax registration Incorporation details in case of companies Business address proof Profit and loss account Balance sheet certified by CA Copy partnership in case of partnership business | NA |
| Fixed Deposit | Proof of Identity- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Proof of Age- Birth Certificate School Leaving certificate Passport Voters card with DOB | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Proof of Age- Birth Certificate School Leaving certificate Passport Voters card with DOB | NA |
| Fixed Deposit | An Individual, Hindu Undivided Family, Sole Proprietorship Concern ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque A photograph Trusts Copy of the Trust Deed Copy of the registration certificate Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account Photographs of the members operating the account Associations/Clubs By-laws of the Association Copy of the Resolution by the board authorizing the members concerned to open and operate the account Photographs of the members operating the account Partnership Firm Partnership Deed Letter from partners approving the persons concerned to open and operate the account Photographs of the persons operating the account Public or Private Limited Companies Board Resolution / Authority Letter Memorandum & Articles of Association Certificate of Incorporation Certificate of Commencement of Business (Public Limited Company) Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC Governing Act / Rules and Regulations(PSUs) (certified true copy) | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Valid Passport Voter’s ID card Valid Identity card Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Valid Identity card Proof of Age- Birth Certificate School Leaving certificate Passport Voters card with DOB | NA |