Citibank presents to you the widest range of home loan solutions to make your dream home a reality. In addition, a host of special features, unmatched service levels and flexible repayment options, ensure that we make your experience with us, a special one.

Citibank has announced the launch of CitiHome One-a product that will enable the customers to get a home loan facility as a combination of a straight term loan and the credit line. This product allows the customers to have a twin advantage of interest savings on their home loans by utilising surplus funds and the flexibility to structure repayments as per their convenience, as they can self-determine the amount they wish to take as credit line with the balance being structured as a term loan.

CitiHome One customers can borrow up to Rs 5 crore under the loan facility. The credit line can extend up to 30% of the total facility, or Rs 1 crore, whichever is lower. The term loan component has standard loan tenure of up to 20 years, while the credit line is subject to a maximum tenure of 10 years, post which the customers can either make a one-time repayment, or convert the credit line into a term loan and pay back through monthly installments.

N Rajashekaran, country business manager, global consumer group, Citi India, said, “This new programme will serve as a gateway for customers to experience the entire bouquet of our products and services thereby deepening our relationship with them and strengthening our efforts towards providing complete banking solutions for our customers.”

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