Citibank Ready Credit PayLite

This is an personal overdraft with easy access to cash at any Citibank ATMs nationwide with your Ready Credit bank card. Pay low interest only when you make withdrawals!

    • Financing up to RM120k
    • Up to 4 years tenure
    • Unsecured Loan
    • 48 hours approval
  • Borrow: RM 
    How Long: years
    My monthly income: RM  

    Monthly repayment: RM-

    Interest rate p.a.: -%

Apply online now for Citibank Ready Credit PayLite

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Interest rates

How much the bank charges you based on your loan amount & loan period

You BorrowLoan PeriodYour IncomeInterest Rate
RM1000 - RM1200006 to 48 monthsmin. RM240005.9% p.a.

Fees & Charges

There are always fees but how much are they?

Interest Rate / APR
As low as 5.9% p.a., depending on loan amount and period
Processing Fee
Early Termination Fee
Late Penalty Fee
1% from current outstanding amount


Are you eligible for this personal loan?

Minimum annual income
Minimum age
21 years old
Maximum age
65 years old
Who can Apply
  • Malaysians

Frequently Asked Questions about Citibank Ready Credit PayLite

Things you might want to know

What is the Citibank Ready Credit account?

Citibank Ready Credit is an unsecured personal overdraft that allows you easy access to cash. You will have access to your very own Citibank Ready Credit account that comes with a Visa debit and ATM card. Whether you are dreaming of a big wedding or planning for a vacation, with Citibank Ready Credit you can finally pursue what you want in life. 

You won't need to pay any annual fee, GST, or cash advance fees for all cash withdrawals. On top of that, just by signing up, you'll get to enjoy special perks and privileges at international hotels, restaurants, and malls with Citibank World Privileges.

How does Ready Credit PayLite work?

Ready Credit is a pay-per-use overdraft. That means daily interest will only be charged to the amount you take from your overdraft limit until the outstanding amount is paid in full.

How much money can I borrow?

Upon approval you will be provided with an overdraft limit, and the money will be credited into a current or savings account of your choice. Using the PayLite associated with your Ready Credit account you can borrow any amount between RM1,000 and RM120,000 (subject to credit check) over period of six months to four years.

The PayLite interest rate is really great, are there any catches?

The advertised interest rate for Ready Credit PayLite can be as low as 5.9% p.a. for exisiting Citibank customers, and 8% p.a. for new-to-bank customers - of course, this is subject to a thorough credit check. Upon approval you will be informed of your actual ‘Boarding Rate.’

If you do not make your instalment payments on time for more than two consecutive months you will charged at a ‘Default Interest Rate’ equivalent to your Boarding Rate + 5% APR. So, make sure you pay your bills on time.

How do I pay the money back?

Payments need to be made every month until the total amount of the loan is repaid using cheque, online transfer, MEPS, or cash deposit machine. You can choose to pay Citibank the monthly outstanding balance in full or the minimum monthly payment.

Can I settle this Citibank loan early?

Of course you can. If you find you have extra cash and want to clear your loan before the it is due you can finish before time by paying the full outstanding amount.

What do I need to apply for this personal loan?

In order to process your application you will be asked to provide some supporting documentation:

Salaried Employee

  • Copy of MyKad (front and back).
  • Last two month’s payment slips and EPF or bank statements


  • Copy of MyKad (front and back).
  • Business Registration Certificate or Operating License.
  • Last 6 month’s bank statements.

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