Citi® Personal Loan stands out in Ethiopia for its attractive borrowing features. Borrowers can access low rates, beginning at 9.99%, for loan amounts ranging from ETB 100,000 to ETB 1,500,000. With flexible terms of up to 5 years, applicants benefit from no origination or maintenance fees—maximising their loan value. Approval and funding may even be possible on the same day for existing Citi deposit account holders, making this loan ideal if you want quick cash for consolidating debt or major expenses.

How to Apply: Step by Step

• Check that your credit score meets the 680 minimum requirement.
• Gather your financial documents and verify your bank account.
• Apply online and agree to electronic disclosures.
• Await fast approval—possibly same day for Citi deposit holders.
• Receive your funds via direct deposit or cheque.

Top Pros of Citi® Personal Loan

Citi offers low starting rates and does not charge any fees, which makes it cost-effective for borrowers. The loan amounts and flexible terms provide options for different financial needs. For those with a Citi deposit account, there is potential for same-day approval and funding, giving you access to money when you really need it without delay.

What Could Be Improved

Not every applicant is eligible—borrowers need a good credit score (at least 680), and joint applications are not accepted. Additionally, the maximum loan amount is lower than some other lenders, which could be limiting if you need a larger sum. Funds cannot be used for post-secondary education or to consolidate Citi account debts.

Our Verdict

Citi® Personal Loan is an excellent option for ET borrowers seeking competitive rates, fee-free lending, and flexible terms. It is perfect if you have strong credit and need moderate funds swiftly. If you require a large loan or have less-than-perfect credit, you might want to explore alternatives. Overall, Citi delivers trust and value to eligible applicants.