Home / Personal Loan / Citibank Paylite Smartcash

Citibank Paylite Smartcash

Benefits

  • Instalment Loan to help you manage your financial needs better
  • Lower interest rate (1.75% per month)
  • Flexible repayment period of up to 36 months
  • Credit Limit of up to 2X monthly income

Apply Directly with Bank

Interest Rates

Tenure 12 months 24 months 36 months
Effective Interest Rate 17.97% 19.02% 19.57%
Nominal Interest Rate 10.00% 10.50% 11.00%

The loan amount will be deposited into the bank account of your choice within 3-5 days of approval.

Eligibility

  • Age: 21 years old and above
  • For Singaporeans and PRs only
  • Annual income above $20,000 and below S$30,000
  • Not an existing Citibank Credit Card (except for Citi Clear Card) or Ready Credit customer

Salaried employee:

A copy of your NRIC/passport, latest original computerized payslip or Tax Notice of Assessment or last 12 months’ CPF statement.

Self-employed:

A copy of your NRIC/passport, last 2 years’ Income Tax Notice of Assessment and last 3 months’ bank statements.

Fees

  • Annual fee: S$90 (first year annual fee waived)
  • Cancellation fee: 3% of outstanding unbilled principal amount or S$100 whichever is higher.

Leave a Reply

Your email address will not be published. Required fields are marked *

PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LmZhY2Vib29rLmNvbS9wbHVnaW5zL3BhZ2UucGhwP2hyZWY9aHR0cHMlM0ElMkYlMkZ3d3cuZmFjZWJvb2suY29tJTJGc2dkdGlwcyUyRiZ0YWJzPW5vbmUmd2lkdGg9MzY2JmhlaWdodD0yMTQmc21hbGxfaGVhZGVyPWZhbHNlJmFkYXB0X2NvbnRhaW5lcl93aWR0aD10cnVlJmhpZGVfY292ZXI9ZmFsc2Umc2hvd19mYWNlcGlsZT10cnVlJmFwcElkPTIxODkxMzQyNDk4MzQ3MCIgd2lkdGg9IjM2NiIgaGVpZ2h0PSIyMTQiIHN0eWxlPSJib3JkZXI6bm9uZTtvdmVyZmxvdzpoaWRkZW4iIHNjcm9sbGluZz0ibm8iIGZyYW1lYm9yZGVyPSIwIiBhbGxvd1RyYW5zcGFyZW5jeT0idHJ1ZSI+PC9pZnJhbWU+