Interest Rate


Monthly Repayment


1. I want to borrow
2. For how long
3. Other Products
  • Fixed and SIBOR rate Packages
  • Flexible Repayments – Daily to monthly frequency
  • Overdraft facilities available
Terms and Condition: 
  • Minimum loan amount : S$ 200,000
  • Loan value ratio : Up to 80%
  • Loan Tenure : Minimum 5 yrs and Maximum 30 yrs
  • Suitable for completed and HDB home loans
  • Is Citibank Home Loan Right For You?

    Citibank Singapore offers competitive private 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 homebuyer 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 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:

    Bank of China Housing Loan

  • Serving Singapore for more than 70 years, Bank of China offers interest rate as low as 1.62% to the borrowers. Home loans from Bank of China are applicable to private property and executive condominiums. BOC allows the property owner to change between SIBOR and SOR rates without any extra charges.

  • Standard Chartered Housing Loan
  • As Singapore’s Best Consumer Internet Bank 2011, borrowers are able to get 1 month SIBOR-flexi loan that is fast in-principal approval with flexible repayment schemes. Now you can put all your eggs in one basket (your salary, savings, current and mortgage accounts) with Standard Chartered without any hesitation as it will ease your money management.

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

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

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