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Loan on Card beyond Credit Limit

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Why wait for the things you want? Take advantage of excess cash in your bank account over and above your credit card limit.

Take advantage of additional cash in your bank account above your credit card limit.
This loan amount will be deposited into your Citibank Current or Checking Account. You can choose to deposit the loan amount in your non-Citibank account in the U.A.E.
Loan amounts from AED 2,000 up to AED 36,500.
Choose from tenors of your choice ranging from 6 to 48 months.
No application form.
  • The loan installment amount will appear in your monthly statement and be added to your minimum amount due for payment.
  • Monthly installments shall be due for payment & will appear in your next card statement after availing of the loan amount.
  • Your available credit card limit will reduce by the corresponding installment amount on each statement billed and will be available for use again as you pay the installment amount.
  • This loan is subject to credit approval.
  • The instalments from the Instalment Payment Plan are billed to the Citibank credit card account monthly similar to a normal retail purchase and are subject to usual Finance charges (fees or APR interest rate) if you pay/ had paid less than the minimum amount due indicated on your current or previous monthly statements of account on or before the payment due date

SMS 'INSTA' to 2484 (CITI).

You may be required to submit the following documents:

  • Up-to-date proof of income.
  • Up-to-date proof of identity.

Warning: You may have to pay penalties if you pay off a loan/financing early. Should you choose to do early-settlement or cancel your installment plan before the chosen tenor, please call Citiphone on 04-3114000 to place the request. Please note that upon early settlement, a 1% early settlement fee exclusive of VAT will be charged on the principal outstanding amount, and due interest will be charged till the date the loan is active.

Warning: If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future. Installment amount will form a part of your monthly statement and will be added to your minimum amount due. In case you pay less the minimum due the installment amount will be subject to finance charges. If you miss payment for over 60 consecutive days from the last payment made, the entire outstanding amount of loan will become part of entire card outstanding and standard interest rate as mentioned in the Schedule of Charges shall be applicable.