Citi Bank Home Loan Processing Fee

Processing Fee is the fee that the bank charges to process your loan amount. This fee gets deducted from the final loan amount offered to you. However, Citibank is one of the very few banks that charge zero processing fees for the home loans that they offer. This makes Citibank a preferred choice for any potential home loan customer.

Eligibility Criteria for Citibank Home Loan

For salaried professionals:

1. You should be an Indian citizen.

2. If your income is considered, your minimum age should be 21 years and if your income is not considered, it should be 23 years.

3. Your maximum age at the time of loan maturity should be 65 years.

4. You should have a work experience of minimum 2 years.

For self-employed individual:

1. You should be an Indian citizen.

2. If your income is considered, your minimum age should be 21 years and if your income is not considered, it should be 23 years.

3. Your maximum age at the time of loan maturity should be 65 years.

4. You should have a business continuity of minimum 3 years.

Citibank offers an interest rate of as low as 8% on its home loan scheme, along with zero processing fees that other banks usually charge.