CITITRUST Financial Services

Home Loan

There are a number of options available to you when selecting your home loan. The normal home loan term offered by most Home loan providers in South Africa is a 20-year term but we have an option where the client can increase up to 30 years. The latter provides the client with lower monthly instalments allowing the client to still be able to own a home and live comfortably.

  • Interest rate varies according to risk profile of individual
  • Choose between fixed or unfixed interest rate
  • Flexible term, up to 30 years with option to reduce
  • Option to choose a Flexi Home loan that enables the client to withdraw funds from their loan balance that they have repaid.

Building Loan

If you have ever wanted to build your dream home from bottom-up and ever wondered how you could achieve that, we at Citi might be able to assist you to achieve that goal:

  • Interest rate varies according to risk profile of individual
  • Minimum loan amount is R100 000
  • Repayment term up to 60 months

Micro Finance Loan

Microfinance loan is a banking service provided to low-income individuals who need instant money solutions to assist them on rainy days. Microfinance allows people to take on reasonable small loans safely and in a manner that is consistent with ethical lending practices. Loan will be approved provided the client provides us with the following documentation:

  • RSA Identity document
  • 3 months bank statement reflecting salary/wages
  • Payslip or letter from employer confirming employment

Macro Finance Loan

Tailored for permanently employed and self-employed individuals with a monthly or weekly repayment plan to meet their personal needs. Loan will be granted provided the client provides us with the following documentation:

  • RSA Identity Document
  • 3 months bank statement reflecting salary/ wages
  • Payslip or letter from employer confirming employment

Business Loan

For individuals that are self-employed (BUSINESS LOAN) we require the following documentation:

  • RSA Identity Document of all directors
  • Proof of income: Letter from an Accountant (for all applicants if applicable).
  • Latest 6 months personal bank statements (for all applicants if applicable)
  • Latest 6 months business account bank statements.
  • Previous year (12 months) Financial Statements.

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