How do I foreclose a personal loan from Citibank?

You need to call Citibank customer care at 1860 210 2484 in order to pre-close the loan agreement and select the loan options and personal loan options under it, as prescribed. Tell them that you need to pre-close the loan and they’ll give you an estimate of the amount of the loan you need to pay back.

How do I close my Citibank loan?

Pre-closure amount is the total closing balance payable to the Bank for the closure of the loan.

1. Login to your accountby accessing CBOL at www.citibank.com/India and raise a query under ‘Your Queries’ section Or.
2. Contact us by calling ourCitiPhone helpline at 18602102484; NRI clients may reach out at+91 22 4955 2484.

Can we foreclose personal loan online?

Personal loans cannot be pre-closed online, therefore you are required to find the nearest bank branch, where you can pre-close your loan. You can call the bank’s customer care number to find the branch next to you.

How do I prepay my Citibank personal loan?

How to Pre-Pay CitiBank Personal Loan Online?

1. Visit the official website of CitiBank.
2. On the main page, click on ‘Loans’.
3. Click on ‘manage loans’ on the left side of the screen.
4. Choose ‘Pay personal loan EMI online’.

How do I close a personal loan account?

What to do:

1. Visit bank with the complete set of documents (as mentioned above).
2. You may be required to fill a form or write a letter requesting pre-closure of the Personal Loan account.
3. Pay the pre-closure amount.
4. Sign the required documents, if any.
5. Take acknowledgement of the balance amount you have paid.

How do you close a personal loan?

How do I write a application to close a loan?

Dear Sir/Madam, I, ___________(Write Your Name) have a personal loan in my account on your _______ (Mention Your Bank Name) bank. I am writing this application letter to request you to close my personal loan account bearing account number ____________ (Mention Your Loan Account Number).

How do I close my loan account online?

To close a loan account:

1. Click Requests > Closure of Loan A/C. A Closure of Loan A/C page appears.
2. Select the loan account you wish to close.
3. Select the transaction account which will be debited to close the loan. Figure 1 shows sample settings.
4. Click [Submit].

Does closing a loan hurt your credit?

Paying off a loan might not immediately improve your credit score; in fact, your score could drop or stay the same. A score drop could happen if the loan you paid off was the only loan on your credit report. That limits your credit mix, which accounts for 10\% of your FICO® Score☉ .