Top Banks 2024
Citibank Mumbai
Last Updated : Jan. 25, 2017, 6:57 p.m.
About Citibank
Citi is an employer of choice in India that serves the full spectrum of clients from helping India’s top global corporations commit capital, making the market and manage their global cash positions to supporting the growth ambitions of India’s budding businessmen and the common people save as well invest. Citi’s India’s products and services are organized under the two major segments- Institutions Clients Group (ICG) and Global Consumer Bank (GCB).
Citi India has been amongst the top 2 Bookrunners on the G3 bond league table for five years since 2012. In 2016, Citi helped clients raise USD 19.1 billion in capital across equity and debt markets. In 2014, Citi Prestige, Citi’s first global credit card and Citi Ultima, a ‘by invitation only’ credit card. The bank has also the first one to launch airline agnostic card through Citi PremierMiles in the year 2012. From low-interest rates to higher loan amount facility, Citibank loans give the best from their side when it comes to loans. Talking about the investment schemes, Citibank is one of the first choices of customers as the interest rates on deposits are higher and hence beneficial for the people.
Branch Addresses of Citibank in Mumbai
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Mumbai | Bombay Building, 293, DR. D D Road, Fort, Mumbai-400001 | CITI0100000 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| Andheri | Citibank NA, Kalpachandra, Next to Shoppers Stop, Andheri | CITI0000036 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| Juhu | Citibank NA, Ammu, B1, V Mehta Road, JVPD Scheme Juhu | CITI0000037 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| Vashi | Citibank NA, Mahatma Phule Bhavan, Palm Beach Road, Junction Sector 17, Vashi, New Mumbai | CITI0000038 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| Bandra | Citibank NA West View Building Road, Khar Danda Junction, Khar West | CITI0000039 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| AIB | Citibank NA AIR India Building, Nariman Point, Mumbai | CITI0000040 | 400037002 | 022-40005706/022-40005922/022-28446390 /022-40015618 |
| RTGS-HO | Bombay Mutual Building, Fort, Mumbai-400001 | CITI0RTGSMI | 400037002 | 40005706 |
Products Offered by Citibank in Mumbai
In Mumbai, Citibank offers the following products-home loans, personal loans, business loans, commercial vehicle loans, loan against property, fixed deposit schemes etc. with the customer-friendly budget.
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
| 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 Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Proof of Age - Birth Certificate School Leaving certificate Passport | Identity Proof- Photograph is mandatory PAN Valid Driver’s License Proof of Residence- Valid Driving License Valid Passport Voter’s ID card Proof of Age- Birth Certificate School Leaving certificate Passport | NA |
| Business Loan | Proof of Identity- Photograph is mandatory PAN Proof of Residence- Valid Driving License Valid Passport Proof of Age - Birth Certificate School Leaving certificate Passport | Identity Proof- Photograph is mandatory PAN Proof of Residence- Valid Driving License Valid Passport 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 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 Proof of Age- Birth Certificate School Leaving certificate Passport Voters card with DOB | NA |