Why Choose Citi Home Loans?

Congratulations on finding your dream home!

Choose from one of our home loan options and allow us to make your dream a reality. Our home loans, with their extensive features, host of benefits and competitive interest rates, have been specially designed to suit your home finance needs. With the Citibank Home Credit option, you can also avail the benefits of interest savings available for withdrawal, or faster repayment, towards your home loan.

Learn about how Citibank home loans can provide the financing you desire and when you're ready, apply for a housing loan.

You can also visit our 'Useful Links' section below to find more information about our home loan interest rates and other details.

Check out our Home Loan Eligibility Calculator to determine your home loan eligibility

Click here to see the list of residential properties in your city which are approved with Citibank

Check out our Home Loan EMI Calculator to calculate your home loan EMI

Home Loan Interest Rate

Enjoy the fineries of life by owning a home you can call your own. Citi is offering home loan interest rates starting as low as 8%*. The loans, which offer a limit of up to INR 10 crores, will extend to 80% of the property value. Also, with the optional Home Credit feature, you can make faster repayments or savings. *Please refer pricing grid for further details

Home Loan Eligibility Criteria

You must be an Indian citizen to avail a Citi home loan for buying any residential property in India. You must have a good credit score and a stable flow of income. The eligibility criteria also depend on your source of income, demographics and nature of property.

Eligibility criteria Salaried Applicants Self-Employed Applicants
Nationality Indian Resident Indian Resident
Minimum Age 21 years (if income not considered); 23 years (if income considered) 21 years (if income not considered); 23 years (if income considered)
Maximum Age 65 years at loan maturity 65 years at loan maturity
Work Experience / Business Continuity 2 years min. 3 years min.
Maximum loan 10cr 10cr
Home Loan

Home Loan

Congratulations on finding your dream home! Citibank Home Loan with its extensive features and competitive interest rates will help you in making your dream home a reality.*


Features of Citi Home Loan

  • Attractive Interest Rates.
  • Easy Home Loan up to Rs. 10 crore.
  • Flexible repayment tenure up to 25 years.
  • Home Loans up to 80% of the property value.
  • Flexibility to pay interest only during construction period.

Citi’s home loans can turn your dream of owning a home into reality. Use the customer-friendly features of the home loans to renovate your property or to buy a new one. Citi also provides tailor-made options and support to ensure seamless Citi home loan and repayment processes. Applying for and managing a home loan have never been more attractive:

  • Transparent home loan interest rates linked to TBLR which is an external benchmark linked lending rate
  • Interest calculated on daily reducing balance
  • No co-borrowers/guarantors required for security
  • Flexible repayment tenure of up to 25 years
  • Opportunity to save on loan interest by parking your excess balances in the linked home credit account
  • Option of paying only interest during under construction period
  • Get your queries answered by our telephonic service platform- Citiphone
  • Online access to your Home Loan account, 24x7
  • Purchase of under construction property.
  • Purchase of Ready Property.
Home Credit Advantage

Citibank offers you to power pack your loan through the unique Home Credit option which lets you decide what interest you pay on your loan.

Home Credit loans operate through Home Credit Account which is a current account linked to your loan. All amounts deposited in the Home Credit account in excess of the threshold amount and subject to a maximum of your outstanding loan is transferred on a daily basis to your loan account to offset the interest being charged on your loan. This amount is always available for withdrawal by you as an overdraft line.

Citibank offers you 2 options in Home Credit loans that you can choose depending on your needs:

Home Credit Vanilla option gives you the option of maintaining liquidity. An overdraft line is set on the Home Credit account and interest savings arising out of the Home Credit facility go towards increasing this line, which is always available for withdrawal by you.

Home Credit Fast Track gives you the option of repaying your home loan faster. Interest saves are adjusted towards reducing your loan outstanding, which effectively reduce the tenure of your loan and help you close your home loan faster.

Click here to know more about Home Credit facility.

Click here to see how you can save interest and reduce tenure using Home Credit Fast Track.


FAQs on Loan Amount

You can now buy any property and turn it into your dream home by using a Citi home loan. Check the options below to apply for one.

  1. Visit Citibank Online:
    1. Click our application site to apply now
    2. Enter your name, contact details and city of residence
  2. Call us:
    24*7 CitiPhone Numbers (applicable across India)**
    Mortgage Loans 1860 210 2484 (Local call charges apply) Use +91 22 4955 2484 for calling us from outside of India.

    *Operational between 9 AM – 7 PM (Monday – Saturday) except on national holidays.

  3. Text us:
    1. SMS HOME to 52484

You can avail a loan amount of up to Rs. 10 crores to purchase your desired house or to renovate an existing one.

Citi home loans have a maximum repayment tenure of up to 25 years. However, the actual tenure of your loan is subject to the bank's discretion, based on your age and repayment ability.

Based on the valuation of your property, you can avail a home loan of up to 80% of your property value. This may be subject to other considerations like income, loan amount etc.

The minimum eligibility to avail a home loan from Citi is that you should be at least 23 years of age, and have work experience of at least two years if you are a salaried professional

if you are a self-employed professional, you should be at least 23 years of age and have a continuous work experience of at least 3 years and 2 years of cash profit in your business, excluding carry forward losses

The final sanction of home loan is at the discretion of Citi.

Yes, based on your income and capacity to repay, Citi can give you an in-principle approval for a home loan to purchase a premium property. You may use the approved loan amount to identify the property that you want to buy. However, the property should meet Citi credit parameters to be eligible for a final sanction. Validity for a pre-approved home loan will be 90 days.

Yes. You may avail of a top-up loan but only after you have completed six months of repayments on your existing Citi Home Loan. The final sanction of such loan, however, is at the discretion of Citi.

The Application will be processed within 15 working days on a best effort basis, on receipt of all the required documents mentioned at the time of application collection. The document requirements are indicative and Citibank reserves the right to request for further documents, if required. Terms and conditions as mentioned in the Loan agreement will apply.


EMIs are monthly installments that you pay to resolve your loan amount. Each installment includes both the Principal and Interest Components. Citi Home Loans are repaid through EMIs (Equated Monthly Installments) over the period of the loan. Click here to find out the EMI on your loan.

Loan Tenure (in Years) EMI Per Lakh (in Rupees)
5 2,028
7 1,559
10 1,213
15 956
20 836
25 772

Citi offers you a choice of repayment options for your loan EMI:

  • Standing Instruction (SI) on your existing Citi account
  • Through NACH (National Automated Clearing House).

Yes, you may prepay your loan if you wish. You can also choose to make partial prepayments on your home loan. Please refer to the terms and conditions mentioned in the loan agreement to know more about the applicable charges on prepayments and loan foreclosure.

FAQs on Home Credit

Yes, you can. To reduce the interest cost on your home loan, you can opt for Citi Home Credit. To know more, click here. Now, owning any residential property of your choice will be relaxing and hassle-free.

FAQs on Home Loan

A home loan is the amount that a bank or a non-banking financial institute (NBFC) provides you to purchase an apartment or any premium residential property. The borrowed amount (principal), plus interest, is to be paid back within a fixed tenure. The residential property/ home which is purchased is used as collateral for the loan. The final sanction of a home loan is at the discretion of Citi

Citi home loans are available with minimal documentation. You will need basic documents as proof of identity, address and income. The list is as below:

Proof of Identity, Signature, Address & date of Birth (for individuals)

document Name identity Proof Current Address Proof Signature Proof Date of Birth Proof Mandatory
Aadhaar Card / Letter issued by the Unique Identification Authority of india containing details of name, address and Aadhaar number / Proof of possession of Aadhaar ** Y Y N Y
PAN Card Y N Y N Y
Voter's identity Card Y Y N Y
Valid Passport Y Y Y Y
Valid Driver's License Y Y Y Y
Job Card issued by NREGA signed by an officer of State Government Y Y N Y
National Population Register Y Y N Y

** By submitting a copy of Proof of Possession of Aadhaar Number, containing Aadhaar number, the client confirms and agrees that the Bank has duly explained that submission of Proof of Possession of Aadhaar number is no longer mandatory, and they have the option to submit any one of the documents as per the list of Officially Valid Documents (updated by the RBI from time to time) towards submission of KYC/proof of address documents. If they provide such Proof of Possession of Aadhaar number containing their Aadhaar number, please note that they are providing the same as an officially valid document voluntarily in accordance with extant rules and regulations;

They are required to redact/ blacken out the first eight digits of Aadhaar number such that only last four digits of the Aadhaar number are visible; and in case you do not redact/ blacken out the first eight digits of Aadhaar number, it shall be deemed that they have authorized Citibank to redact/blacken out the same on their behalf.

No. Citi currently does not provide Pradhan Mantri Awas Yojana on home loans.

No. Currently, there are no options available for affordable housing loans.

Property papers: for the processing of the loan, copies will be required. Original property papers are required to submitted to the Bank prior to the loan disbursal.

For Builder Under construction properties:

  • Copy of the Allotment letter
  • Copy of Builder buyer agreement
  • Copy of Possession letter
  • Copy of payment plan
  • Copy of Receipts of payments made to the developer
  • Copy of Agreement of sale with the seller if it is a resale property

For Resale property:

  • Copy of Title deed including previous chain of the property
  • Copy of the approved sanction plan
  • Copy of agreement to sell

Other documents:

  • Passport-size photograph to be pasted on the application form

The home loan eligibility and terms are affected by the factors below:

  • Your credit score and repayment history
  • Your income/revenue per annum
  • Other loan repayment property
  • The value of your property
  • Quick Links

    Whether you're a first-time buyer or looking to transfer your existing loan or leveraging your property's equity to expand your business, Compare home loans Citibank offers that come with a host of benefits and competitive interest rates.

    View all home loan options and apply for home loan with Citi to start with your home loan journey today!

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Citibank India does not market any product or service to individuals resident in the European Union, European Economic Area, Brazil, New Zealand, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man or the UK.

This web page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to individuals resident in the European Union, European Economic Area, Brazil, New Zealand, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man or the UK.