Citibank Ready Credit

Updated 21 August 2018
4.55%Interest Rate (EIR 8.50% p.a.)
3 yearsLoan Tenure
$316Monthly Instalments
Key features
Key Features
  • No processing fees
  • Welcome offer - 4.55% p.a. (EIR 8.5% p.a.) on 36 loan tenure (min. loan $1k)
Repayment Summary

Principal Loan Amount


Loan Tenure

3 years

Interest Rate (per annum)


Monthly Instalments


Total Amount Payable


Total Interest Payable


Approval Duration



Citizenship Status

Singaporean / PR

Age Requirement

age 21 - 65 years old

Employment Status

Salaried Employee, Variable/Commission-based Employees or Self Employed

Minimum Annual Income


Fees & Charges

Processing Fee

No processing fee

Restructuring Fee


Late Payment Fee

If payment is overdue by 2 months, the loan will be terminated and any outstanding loan amount will be charged.

Partial Repayment Penalty

No partial prepayment allowed

Full Repayment Penalty

3% of outstanding unbilled principal amount or s$100 whichever is higher

MoneySmart lists personal loan products that range between a minimum of 1 to a maximum of 7 years. The effective interest rate (EIR) of loan products on our site range from 8.5% p.a. to up to 20.0% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$316/month for a S$10,000 personal loan with a loan tenure of 3 years. This would equate to a total payment of S$11,376 over 3 years. Please view each personal loan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).

Citibank Ready Credit

Citibank Ready Credit