From 3.45% p.a.

Interest Rate

^S$10,356

Total Amount Payable

^S$0

Processing Fee

All Details

• Key Features

  • Citi Quick Cash loan is drawn on your available credit limit in respect of your Citibank Ready Credit account. You are required to have a Citibank Ready Credit account to be offered a Citi Quick Cash loan. By clicking on ‘Apply Now’, you will be applying for a Citibank Ready Credit account and for Citi Quick Cash loan on such account.

  • To find out more about Citibank Ready Credit account and its related fees and charges, please click here

  • To find out more about the Citibank Ready Credit fees, please click here

  • The instalments from this Program are billed to the Citibank Ready Credit (RC) account monthly similar to a normal retail purchase. If you did not pay the full minimum payment amount within 30 days from the relevant payment due date indicated on the Citi Ready Credit account, the instalments will be subject to the usual finance charges (fees or APR interest).

  • Please note that this Program will take more than the scheduled term to pay off in full if less than minimum amount is paid on your Citibank Ready Credit account.

  • For 1 - 5 years loan tenures, interest rates are from 3.45% p.a. (*EIR 6.50% p.a.)

  • Applicable for all loan tenures and loan of S$1,000 and above

  • Flexible line of credit up to 4X your monthly income or up to 8X your monthly income if your annual income is S$120,000 and above. Subject to Bank's approval.

  • Upon approval, the funds will be deposited within 5 working days

  • *EIR 6.50% p.a. is applicable to new Citibank Ready Credit customers only.

  • ^Disclaimer on Fees: Refer to Citibank's Website > Banking Information (Footer) > Fees and Rates

• Repayment Summary

  Total Interest Payable	S$356
  Monthly Payment	S$863
  Total Amount Payable	S$10,356
  Processing Fee	S$0
  Effective Interest Rate	6.5%
  Annual Interest Rate	3.56%
  Approval Duration	N/A
  Citizenship	Singaporean/Pr
  Principal Loan Amount	S$10,000
  Loan Tenure	1 Year
  Minimum Annual Income	S$30,000
  Maximum Loan Tenure	5 Years

Eligibility

Citizenship Status	Singaporean / PR / Foreigner
Age Requirement	21 years old and above
Employment Status	Salaried Employee or Self Employed
Minimum Annual Income	S$30,000 for Singaporeans and PRs. S$42,000 for Foreigners

Fees & Charges

Annual Fee	S$120 (First year free) on Citibank Ready Credit
Processing Fee	None
Restructuring Fee	Not allowed
Late Payment Fee	S$120^
Cancellation Fee	S$100 or 3% of the outstanding loan amount, whichever is higher
Overlimit Fee	S$40^
Branch Service Fee	S$10.88^
Partial Repayment Penalty	Not allowed
Full Repayment Penalty	S$100 or 3% of the outstanding loan amount, whichever is higher

Loan Features

Minimum Loan Amount	S$1,000
Maximum Loan Tenure	5 years
Interest Rate	6.50% p.a.