Why order a pizza,
When you can get a slice?

Get your Ready Credit facility Now.

A pizza ordered using Citibank Ready Credit with overdraft facility

Citibank Ready Credit offers you up to Rs.5,00,000 as "instant funds" accessible through your Citibank Suvidha Salary Account. You can use it for anything from meeting a large unplanned expense to managing your daily cash flow. You can use it whenever and wherever you want to - be it funding a short term need or a long term goal.

A customer using ready credit to manage cash flow

Citibank® Ready Credit

Top reasons to get the Ready Credit Advantage

  • Interest only on what you use and for how long
  • No fixed EMIs - you choose what to pay and when
  • Each repayment proportionately increases your available cash line
  • No pre-closure penalty

Please note that Citibank Ready Credit is available to eligible Citibank Suvidha Account holders only.


Puts You in Control

  • No fixed tenure - at call+ ongoing facility with a fixed credit limit.

    + “At call" means your funds can be used any time you need including when your Suvidha Account is running low on balance”

  • Once you open your Ready Credit Cash Line, you have access to the full credit limit whenever you want it.
  • Pay interest only on the amount you use and only for the period you use it.
    For e.g. if you use Rs.10,000 for 5 days, you need only pay interest for 5 days, not for the whole month.
  • Full account access via Citibank Online, Citi Mobile,  and 24x7 CitiPhone Banking.
  • Electronic Account Statements (e-Statements) in your in-box every month so you can track your account from wherever you are. Save them to your computer or access them on our secure site any time.

Repay and increase your available limit any time

  • Choose how much you want to pay toward your outstanding credit balance each month–as little as the mandatory 5% or any amount up to the entire balance, with no penalties for extra payments. As you pay off any credit that you have used, the same amount becomes available to you again as your available line.

    For e.g. if you have ready credit line of Rs.5,00,000, and you use Rs.1,00,000 for a family function, you will have Rs.4,00,000 left for other purposes. If you repay the Rs.1,00,000, and have not used any more of the Ready Credit funds, your available line once again becomes Rs.5,00,000.


  • Interest calculated on a daily reducing balance.
  • Flexibility to close account without pre-closure penalty.
  • Access funds 24x7, through CitiPhone or through Citibank Online.

How to Apply

  • If you are an existing Suvidha Salary Account customer, follow these simple steps:

Steps showing how to apply for Citi ready credit

If you are not yet a Citibank Suvidha Salary Account customer, you can apply for Ready Credit facility along with a Suvidha Account. Once you are a customer, you will have the option to apply through Citibank Online or calling our 24x7 Citibank Helpline.

Please read the FAQs section for a fuller understanding of Citibank Ready Credit Facility.


Important information

Ready Credit Line

Maximum Credit Line Up to 5 times your monthly salary with a maximum credit limit of Rs.5,00,000.
Interest Rate Between 16% - 19% p.a. The exact rate of interest assigned will be communicated to the customer once the Ready Credit line is assigned. Interest is calculated on a daily reducing balance. Daily interest rate is calculated as: (Amount Outstanding at End of Day * ROI% /365)
[ROI = Rate of Interest]
Maximum Tenure 1 year, annual renewal of line is done subject to regular salary credits to savings account.
Minimum Monthly Payment Minimum of 5% of the amount outstanding will be debited from your Suvidha salary account on your fixed principal due date. Interest is charged only for the amount and period used on first working day following the utilization month.
Interest Rate Calculation Daily reducing balance.
Activation Fee Rs.500 (one-time fee).
Annual Fee 2% of the assigned Ready Credit limit or Rs.750 whichever is lower. Charged a year after your first usage of Ready Credit Facility.
Ready Credit Facility is available to you in Ahmedabad, Bangalore, Baroda, Chennai, Coimbatore, Cochin, Chandigarh, Delhi, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, Noida, Pune, and Surat.

Ready Credit Eligibility

Minimum Income Requirement Rs.20,334 net salary credit per month.
Minimum Age 21
Maximum Age 65 years or retirement age (whichever is earlier)

Issuance of Citibank Ready Credit Line is at the sole discretion of the bank and subject to its internal credit processing criteria.


Click on    to expand and on    to minimize the details.

Ready Credit is an overdraft facility that gives you access to additional funds outside of what is currently available in your Suvidha Salary Account. Whether it is the festive season, an unplanned big expense, or simply straightening out everyday cash flow issues, whenever you need a bit more money than is available on hand, you can instantly transfer funds from Ready Credit account to Suvidha account.

“If you are a Citibank Suvidha Salary Account holder, you can choose to apply for Ready credit by logging in to Citibank Online or calling our 24x7 CitiPhone helpline. For our location specific numbers, click here.

If you don’t have a Citibank Suvidha Salary Account, you can apply for one along with a request for Ready Credit.

The basic criteria to apply for Ready Credit is that you should be a Citibank Suvidha Salary Account holder. For the complete eligibility requirements, please refer to the FEATURES section.
If your Suvidha Account has the updated KYC documents, additional documentation is not required to apply for Ready Credit Facility.
Ready Credit gives you up to five times your salary credit in Suvidha Salary Account capped at a maximum of Rs.5,00,000.

You can access your Ready Credit line by transferring  funds from Ready Credit Account to Suvidha Account by calling CitiPhone or through Citibank Online.

You are free to use the sum allocated to you in part or full whenever you want to. Log on to your Citibank Online Ready Credit Account to check the amount assigned to you. It will be under LINE AMOUNT.

Minimum of 5% of the amount outstanding will be debited from your Suvidha salary account on your fixed principal due date. Interest is charged only for the amount and period used, on first working day following the utilization month. Apart from that, how much you pay is entirely your choice.
When your salary is not credited to your Citibank Suvidha Account on a monthly basis, your use of Ready Credit facility will be disallowed. However, your Ready Credit transactional privileges would be restored once your salary credit is normalized again.

What to pay and when is for you to decide. Ready Credit offers you that exceptional financial flexibility. Except for one basic requirement necessary for you to keep enjoying the Ready Credit facility.

  • A minimum payment of 5% of the total amount you have used plus the interest for that month has to be made every month. The minimum payment is calculated on the outstanding balance as it is on the fixed date of your minimum due payemnt, and is immediately earmarked against your Suvidha Salary Account. The interest is calculated and earmarked on the 1st of the month (working day). This amount will become temporarily unavailable to you but only till the minimum due monthly payment is made.

Apart from the mandatory minimum monthly payment all payment choices are yours to make.

Any amount that you pay over and above the 5% mandatory due amount is made available to you through your cash line.

For e.g. if your outstanding is Rs.50,000 as of this month, your 5% minimum payment amount will be Rs.2,500. On the date of your minimum due payement, this Rs.2,500 gets automatically transferred to your Ready Credit Account. You decide to pay another Rs.10,000. That Rs.10,000 becomes available for your use again along with the unused funds in your Ready Credit Account. Assuming you let it remain there, your next month minimum payment will reduce to Rs.2,000 and you will have a smaller sum of Rs.40,000 to pay interest on. All the while confident of handling a financial emergency if needed.

There are many options for making payments to your Ready Credit Account:

  • Citibank Online / Citi Mobile / NEFT / RTGS
  • Cheque/Demand Draft deposit at Citibank ATMs
  • Payments through ECS in Bangalore, Chennai, Delhi, Hyderabad, Pune, Kolkata, Ahmedabad and Mumbai
  • Sending Cheque or Draft by post / courier to any of the mailing addresses provided on the reverse of a statement.

You can refer the FEATURES section for our 24x7 CitiPhone helpline numbers and other information that can be helpful to you in making payments.

Ready Credit comes with a fixed rate of interest that is calculated on a daily reducing balance. The interest is charged only on the amount you use and the period for which you use it. In case there is no usage of the funds, there will be no interest payable.
Please refer the FEATURES section for details.
Please refer BENEFITS section for detailed information.

The Ready Credit line remains with you as long as you have a Corporate Suvidha Salary Account with Citibank. As you keep repaying the amount used earlier, the same funds become available to you on your Ready Credit Account for future use.

However, since Ready Credit Account is linked to a Salary Account, the facility will cease to exist if the salary credit to the Suvidha Account stops. In such cases, the account holder is supposed to clear the Ready Credit outstanding.

In case there is no salary credit for 45 days, this facility will be withdrawn and you will be required to repay the outstanding over 20 equated installments of the Principal Amount. The interest on the outstanding needs to be paid every month. This would help you close the Ready Credit Account in 20 months. You can give a Standing Instruction or enable ECS payments towards honoring your monthly dues.

In case you have changed jobs, and your new employer has a Suvidha relationship with Citibank, you can continue to use your existing Suvidha Account as well as the Ready Credit facility. All you need to do is update your personal and professional information provided to us. This can be done by contacting our 24x7 CitiPhone helpline or the Citibank Relationship Manager for your new organization.

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Subject to Terms and conditions.

Issuance of Citibank Ready Credit Line facility is at the sole discretion of the bank and subject to its internal credit processing criteria.

Rs.5 Lakh is the maximum amount that can be extended under the Ready Credit facility. The final amount and interest rate applicable will be subject to eligibility as per Citibank's credit criteria.

Please Note

If at any point in time there is no salary credit to Citibank Saving Account, additional withdrawals from your Ready Credit line will not be permitted. However, you will continue to enjoy the flexibility of repaying your current outstanding amount over a 10/20 months period (Principal Repayment + Interest).

This webpage is intended only for Citibank Suvidha Customers and/or Citibank Customers. Any and all facilities/services/offers mentioned on this webpage are subject to specific Citibank N.A. Terms and conditions. You are advised to contact Citibank N.A. to obtain and understand the applicable Terms and conditions and/or any questions you may have with regard to any information contained on this webpage. Citibank N.A. does not guarantee the accuracy, adequacy or completeness of any information on this webpage and is not responsible for any errors or omissions or for results obtained from the use of such information as contained on this webpage. Citibank N.A., Citigroup and/or any of their affiliates/associates have no liability whatsoever to any person on account of the use of information provided herein and the said information is provided on a best-effort basis. Citibank has the right to modify or drop facilities/services/offers mentioned on this webpage at any time without assigning any reason whatsoever.

Steps to apply for ready credit
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