The only foreign bank in India which is running full service onshore platform in the country, Citibank India has its headquarters in Mumbai, India. It is a subsidiary of Citigroup, which is a multinational financial services corporation based out of New York, US. The Indian arm is involved in risk management solutions, credit cards, retail banking, investment banking, capital markets, transaction and advisory services. Citibank India has a rich history dating back to more than 100 years. It was established in 1902 in Calcutta (now Kolkata). Bringing early innovations like credit cards, Internet banking, ATMs, instant SMS alerts, 24 x 7 phone banking etc. to India, Citibank is backed by a network that spans across 98 markets in the world.
Citibank India offers business loans to self-employed professionals and self-employed businesspersons to help them meet working capital requirements of their businesses or for funding their business expansions. The company offers a wide range of loans to businesses, including overdrafts, short-term demand loans, trade finance, secured term loans and drop line overdrafts. Below we have provided all the important details related to Citibank business loan eligibility criteria, features and charges.