A Rupee Loan is a secured loan against your NRI Deposits. It is an extremely convenient way of meeting your Rupee needs in India without breaking your Deposits.
Please contact your nearest Relationship Manager or NRI Service Center for more details.
- Loans are available up to a maximum of INR 1 Crore in the form of overdraft lines and are priced at attractive interest rates
- Interest is charged monthly only on the amount of the line utilised by you
- They can be repaid in Indian Rupees or Foreign currency whichever is convenient for you
- They come with no processing fees and no pre-payment penalty charges
Click here to view your nearest NRI Service Center to meet our Relationship Managers.
Offered by Citibank N.A., India
Citibank and Citibank with Arc Design are registered service marks of Citigroup Inc. © 2006 Citibank N.A. Citibank N.A., India offers Rupee Loans strictly as per the provisions of Foreign Exchange Management Act and the existing guidelines of the Reserve Bank of India. This lending program may change in accordance with changes in the aforementioned regulations/guidelines. This is for information purposes only and is neither an offer nor should it be construed as such. The loan will be subject to evaluation/approval by Citibank N.A. and is at the discretion of Citibank N.A. Conditions apply. For detailed Terms and Conditions, please refer to the Citibank Rupee Loans Application Form.
- Avail loans up to INR 1 crore.
- Repay either in Indian Rupees or Foreign Currency.
- Purchase property in India.