Late Payment Fee
If payment is not received in full by due date, you will have to pay additional interest at the prevailing Citibank Ready Credit interest rate. If payment is overdue by 2 months, the loan will be terminated and any outstanding loan amount will be charged in the upcoming statement.
Partial Repayment Penalty
No partial prepayment allowed
Full Repayment Penalty
3% of outstanding unbilled principal amount or S$100 whichever is higher