IMPROVE YOUR HOME

Improve your home.

Improve your home.

Whether it's for buying new appliances and furniture, renovating your kitchen, or building that extra room you've always needed, we have the right financing tools for you. Choose from the two options below, depending on your needs and get your home improvement happening right now.

Need cash now? Get a Citi® Personal Loan.

Want cash on standby? Get a Citi® Ready Credit line.

Need cash now? Get a Citi® Personal Loan.

  • Cash of up to P2 Million
  • Low monthly amortizations
  • No collateral needed
  • Payable in up to 5 years

Want cash on standby? Get a Citi® Ready Credit line.

  • Have a standby credit line of up to P2 Million
  • Get cash up to four (4) times through
    installment
  • Withdraw instant cash with your Citi® Ready
    Credit ATM
  • Conveniently pay with your Citi® Ready Credit
    checks
  • No collateral needed
  • No annual fees

Calculate your monthly amortizations here:

Do you own a Citi® Card?
Loan amount:
P20,000
P2,000,000
Your loan amount:
Tenor:
6
60
Your tenor:

Your Monthly Installment

P0

This calculator may not function if you're using Internet Explorer 7 or earlier versions.
Click here to see sample installment computation.

Cardholder from other Bank
MONTHLY AMORTIZATION TABLE
12 Months 24 Months 36 Months 48 Months 60 Months
Php50,000 4,896.52 2,818.86 2,147.30 1,826.57 1,645.42
Php100,000 9,793.04 5,637.71 4,294.60 3,653.13 3,290.84
Php150,000 14,689.55 8,456.57 6,441.90 5,479.70 4,936.26
Php200,000 19,193.72 10,865.91 8,154.32 6,845.12 6,095.12
Php300,000 28,790.58 16,298.86 12,231.48 10,267.68 9,142.68
Php400,000 38,387.45 21,731.82 16,308.63 13,690.24 12,190.23
Php500,000 47,984.31 27,164.77 20,385.79 17,112.80 15,237.79
Php1000,000 95,968.62 54,329.55 40,771.59 34,225.61 30,475.59
Php2000,000 1,91,937.23 1,08,659.09 81,543.17 68,451.22 60,951.17
Citibank® Cardholder
MONTHLY AMORTIZATION TABLE
12 Months 24 Months 36 Months 48 Months 60 Months
Php50,000 4,871.90 2,793.07 2,119.84 1,797.39 1,614.60
Php100,000 9,743.79 5,586.14 4,239.68 3,594.79 3,229.20
Php150,000 14,615.69 8,379.20 6,239.68 5,392.18 4,843.80
Php200,000 19,193.72 10,865.91 8,154.32 6,845.12 6,095.12
Php300,000 28,790.58 16,298.86 12,231.48 10,267.68 9,142.68
Php400,000 38,387.45 21,731.82 16,308.63 13,690.24 12,190.23
Php500,000 47,984.31 27,164.77 20,385.79 17,112.80 15,237.79
Php1000,000 95,968.62 54,329.55 40,771.59 34,225.61 30,475.59
Php2000,000 1,91,937.23 1,08,659.09 81,543.17 68,451.22 60,951.17

*The Effective Interest Rate (EIR) per annum ranges from 31.5% to 46.4% using a sample loan amount of P250,000 at a 24 month loan period (exact EIR is indicated in the Disclosure Statement). The EIR computation includes Loan Processing Fee, Loan Disbursement Fee and DST.

EIR is computed as: (Total Interest + Loan Processing Fee + Loan Disbursement Fee + DST) / (Total Outstanding Balance/12)

The computation of the installment loan amortization shall be on diminishing balance basis, under which the allocation of payments to principal and interest components of the monthly installment amounts due over the loan period is not equal. The first monthly installment amount due may be different than the succeeding monthly installment amounts due since the interest component of the first monthly installment amount due is pro-rated based on the number of days from the approval of the installment loan to the day before the next statement date of the Citi® Ready Credit account. Interest is compounded monthly.

These are estimated amortizations. Rates are subject to change. Your actual amortizations will be reflected in the loan disclosure statement.

A processing fee of Php1,500 and disbursement fee of Php250 shall apply.

Requirements

Below are the requirements to avail of a Citi® Personal Loan or a Citi® Ready Credit line:

Citi® Personal Loan Citi® Ready Credit
Age 21-65

25-65

Citizenship
  • Filipino resident or
  • Local resident foreigner with a valid Philippine billing address
  • Filipino resident or
  • Local resident foreigner with a valid Philippine billing address
Minimum Annual Income P250,000 P360,000
Others Must have a credit card (may be from other banks) Must have a credit card (may be from other banks)

Please submit the following:

  • Signed application form
  • Two (2) valid IDs with photo and signature (ex. passport, driver's license, GSIS e-Card, SSS photo card ID, TIN photo card)
  • ITR or BIR 2316 or latest 3 full months payslip
  • Photocopy of the front side of any active credit card (must be active for at least 6 months for Citi® Card and at least 1 year for Cards from other banks)
FAQs

Citi® Personal Loan

Please expect your application to be processed in 5 days*.

* Dependent on the mode of disbursement chosen.

Once approved, you will receive a call from Citi® to arrange your mode of disbursement. You may also contact our 24-Hour CitiPhone® hotline for the status of your application.

  • Choose your preferred mode of disbursement:

    • Branch pick-up
    • Credit to any of your bank accounts in the Philippines that accepts funds transfer from another bank or
    • Delivery of a Managers Check to your billing address.
  • Review and sign the Loan Disclosure statement. Loan proceeds will only be released upon receiving a signed copy of the Loan.

For your security, loan proceeds will only be released to the loan applicant.

Citi® Ready Credit

Citi® Ready Credit is a credit line that allows you to be ready for anything, anytime. With it, you can easily access cash through cash advance or installment loan.

Its easy. Simply choose the method most convenient for you:

  • Call 24-Hour CitiPhone® hotline at (02) 995 9999(02) 995 9999 within the Philippines or +63 2 995 9999+63 2 995 9999 from abroad.
  • Visit any of our branches.

You may use up to 96%* of your full credit line that has been approved. Every time you repay in part or in full the amount you have used your credit line gets automatically restored by that amount**. This means that you can draw from your line repeatedly, maximum of 4 installment loans at a time.

For example, for a Php500,000 line, you can use up to Php450,000. If Php120,000 is used*, Php330,000 remains available for use. If Php50,000 is repaid, then what is available for use is restored to Php380,000.

*  Amount used includes both the customer's installment loan and interest/fees charged to the account.

** Except if you pay via check, in which case your credit line will be available for use after the 3-day clearing period from posting date.

Please expect your application to be processed in 5 business days*.

* Dependent on the mode of disbursement chosen.

Once approved, you will receive a call from Citi® to arrange your mode of disbursement. You may also contact our 24-Hour CitiPhone® hotline for the status of your application.

Your Citi® Ready Credit account can viewed through your monthly billing statement. If you have a Citibank® ATM Card, you may also view your account through Citibank® Online. Just register and ensure that your mobile number is updated with us.

Citi® Ready Credit is a pay-as-you-use product, meaning you do not pay for any interest charges and fees unless you use your credit line.

  • Choose your preferred mode of disbursement:

    • Branch pick-up
    • Credit to any of your bank accounts in the Philippines that accepts funds transfer from another bank or
    • Delivery of a Managers Check to your billing address.
  • Review and sign the Loan Disclosure statement. Loan proceeds will only be released upon receiving a signed copy of the Loan.

Loan proceeds will only be released to the applicant upon receiving a signed copy of the Loan Disclosure Statement.

You can avail yourself of a cash advance using your Citi® Ready Credit ATM, or you can make payments by issuing a Citi® Ready Credit check. Please note that applicable cash advance fees apply. See section on fees and charges.

  • To get your Citi® Ready Credit ATM, just go to any Citibank® branch.
  • To get your Citi® Ready Credit checkbook, please call 24-Hour CitiPhone® hotline at 995-9999995-9999.