• Interest rate (p.a.)

    20.95% - 20.95%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Up to 7 business days

  • Min. monthly income


Loan calculator
Loan amount
Loan tenure
Monthly salaryRM0
Interest rate (p.a)


Monthly Repayment


Total Interest PayableS$0
Total Amount PayableS$0
What's so great about Citibank Ready Credit?
  • Low interest rate from 1.7505 pe rmonth
  • Credit Line with limit up to 4x of your monthly income
  • Cash Rebate of 1% for all online, retail and contactless purchases
  • Withdraw your money conveniently at over 1.4 million ATMs locally and overseas

Product Features

Min. financing amountS$1,000
Max.financing amount Up to 4x monthly income
Min. loan tenure1
Max. loan tenure5
Interest rate20.95% p.a
Approval durationUp to 7 business days
Debt consolidationN/A

Fees & Charges

One time set up
Processing feeN/A
Annual fee$80
Late payment charges$100
Other penaltiesOverlimit fee - $40, Returned Cheques - $30


Age requirementAge 21 - 65
Employment eligibilityFor Singaporeans and PRs, minimum annual income of S$30,000 and for foreigners, minimum annual income of S$42,000
Min. salary requirementS$2,500 gross per month

Other Requirements

Product Review byiMoney

Citibank Ready Credit - FAQ

What is the maximum amount you can borrow?

Borrowable amount of up to 4X fixed monthly income.

The catch?

Applicant must be above the age of 21 to qualify

Applicant must be a Singaporean citizen or permanent resident working and residing in Singapore with a minimum annual income of S$30,000

For foreigners, minimum annual income required is S$42,000

How long will the application take and what documentations are required?

Upon completing an application with iMoney, you may expect a call from the respected bank within the same business day to confirm your application.

Thereafter, Citibank will require an average of seven business days (not including Saturday, Sunday, and public holidays) before approval or disbursement.

You are required to furnish the following documents for your loan application:

    a) Employee of non-MNC or private limited company:
  • Photocopy of NRIC (both sides)
  • Proof of Income:
    • b) Salaried Employee:
    • Latest Computerized Payslip OR
    • CPF Contribution Statement for past 12 months OR
    • Latest Income Tax Notice of Assessment (NOA)
    c) Self-employed applicants:
  • Photocopy of NRIC (both sides)
  • Proof of Income
  • Income Tax Notices of Assessment (NOA) for past 2 years
  • Bank Statements for the last 3 months

Can you apply if you have a bad credit score in CBS/ FICO/ DP credit bureau?

Your personal loan application is likely to get rejected if you have a bad credit score. Late payments or missed payments are some of the major are some of the major contributors to a bad credit score. If you currently have an unsatisfactory credit score, take steps to rebuild it by clearing overdue payments. Make full and timely payments on your debts for 6 months before reapplying.

If you are looking for personal loans offered by other banks in the Singapore, you may also consider:

Standard Chartered CashOne
  • With Standard Chartered CashOne, you can easily enjoy a personal loan with an approved amount of up to 4X of applicant’s monthly income or S$250,000 with an interest rate starting from 4.98% p.a (EIR 9.29% p.a). On top of that receive a Platinum Credit Card for those with annual income of S$30,000 and above.