• Interest Rate (p.a)


  • Loan Type


  • Loan Rate Type


  • Lock in Period

    2 years

Loan calculator
Loan amount

Loan Tenure (years)
Product Type
Interest Rate (p.a)


Monthly Repayment


Whats so great about Citibank HDB?
  • Flexibility to switch plans anytime for free across 1 month & 3 month SIBOR tenures
  • Legal subsidy of up to 0.20% of loan amount or S$2,500, whichever is lower (Applicable to refinancing cases)
  • Aceess to dedicated Mortgage Client Care

Product Features

Minimum Loan Amount S$500000
Loan Tenure 25 - 35 Years

Fees & Charges

Charge of Insurer for fire insurance S$200
Loan statement S$50
Title deed for fully repaid loans S$500
Late payment charges Prime lending rate + 5%


Citizenship Status Singaporean, Permanent Residents, Foreigners who are residing and working in Singapore, Malaysians that are looking to invest in properties in Singapore.

Product Review by iMoney

Is Citibank HDB Home Loan Right For You?

Citibank Singapore offers competitive HDB home loan floating rate packages which are either pegged to SIBOR or Internal board rate. Among its packages, Citibank’s Internal board rate package offers the lowest current interest rate compared to the other two packages.

This package is suitable for investors or for those who are looking to sell their property after the lock-in period of 3years as the interest rate hikes up to 3.75% from the fourth year onwards. The SIBOR rate packages offer a variety of lock-in periods.

Various packages have different interest rate structures where low-lock-in period packages come at a higher interest rate. If you are a home buyer looking to occupy the purchased property over the long term, choosing a high lock-in period can save you interest payments.

Explaining Floating Rate Packages

Floating interest rate loans come in two different variants in. An IBR Package is based on the bank’s own Board Rates minus a discount stated in the Letter of Offer. SIBOR rate loans fluctuate according to the Singapore Interbank Offered Rate (SIBOR) as a benchmark.

Floating Rate: Citibank’s floating rate packages are pegged to the 3-month Singapore Interbank Offered Rate (SIBOR). SIBOR rates refresh everyday. However, for home loan pricing, banks use the SIBOR rate on the first day of every month as a benchmark.

Internal Board Rate: Citibank’s internal board rate pegged package offers lower interest rate for the first three years, after which there will be an increase in interest rates. This makes Internal Board Rate packages much more suitable for short term investors than home buyers.

In this case, Investors who are planning to sell soon after the 3 year lock-in period will benefit from the low interest rates. Current Citibank board rate is 3.75%.

Citibank's Fees & Charges

Fees and Charges

  • - Change of Insurer for fire insurance : S$200
  • - Loan statement : S$50
  • - Title deed for fully repaid loans : S$500
  • - Late Payment Charges : Prime lending rate+5%

How to Pay Your Citibank Bank Mortgage?

Citibank Bank ATMs: Transfer funds from your Citibank Bank Savings or Current accounts to make your payment at Citibank Bank branches.

Express Payment machine: Make a check or cash deposit at Citibank Bank branches.

Phone Banking: Issue instructions to have your bank account deducted to pay for your home loan with your T-PIN.

Who Can Apply For Citibank HDB Home Loan?

  • Singaporean citizens and permanent residents.
  • Foreigners who are residing and working in Singapore.
  • Malaysians that are looking to invest in properties in Singapore.
  • If you are searching for mortgage loans offered by other banks in the Singapore, you may also consider:

    HSBC HDB Home Loan
  • You only need to pay SIBOR+1.25% p.a. for the first 3 years with HSBC HDB Housing Loan,. HSBC allows you to choose between having lock-in or no lock-in period. In addition, you can either choose 1-month SIBOR or 3-month SIBOR rate. You can now link your HDB home loan account with current account by using SmartMorgage by HSBC. Consequently, you can reduce the interest payments on your property loan by offsetting interest earned on your current account.

  • DBS HDB Home Loan
  • DBS often offers customization for HDB housing loans to match the wants from the borrowers. Enjoy fixed rates from two to four years and continued by a floating rate. Besides, borrowers able to opt for Mortgage Rate Protector plan which levies a cap on how high their interest rates can increase.

  • Not convinced? Browse our full line-up of HDB housing loan Singapore listed on our website and choose which is the right one for you.

    iMoney’s HDB home loan calculator can be used to estimate your monthly repayments. If you are interested in taking out a Citibank HDB home loan, Click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants