Citi, the local arm of global financial services company Citigroup, has had a presence in the Australian banking space since 1985. It offers a range of personal loans for a variety of purposes, including renovations, holidays, and paying school fees. Its other products include home loans, insurance, transaction accounts and wealth management services. The lender can be contacted via phone, email or by stepping into a branch in metropolitan parts of Australia.
Features of a Citi personal loan
Citi’s personal loans are available for many purposes, including paying for special occasions and holidays. Borrowers can apply to borrow amounts anywhere from $5000 to $75,000 and if approved, have the flexibility to make additional repayments without penalty. Some loans come with a linked credit card.
While there is a moderate upfront fee on Citi loans, there are no ongoing fees. The loan amount will be assigned based on your credit worthiness and may be lower than what you applied for if approved.