Citizens Bank Offers Fixed 5.99% Rate on Home and Vehicle Loans

Summary

Citizens Bank International Limited has launched new home and vehicle loan schemes with a fixed interest rate of 5.99% per annum. The bank says customers can apply through any branch nationwide, with the rate fixed for five years on home loans and three years on vehicle loans.

Key Points
  • Citizens Bank International Limited has introduced new home and vehicle loan schemes at a fixed 5.99% annual interest rate.
  • The Sajilo Ghar Karja home loan will keep the fixed rate for five years, while the personal vehicle loan will keep it for three years.
  • After the fixed-rate period ends, the rate will be set at the bank’s average monthly base rate plus a 1.55% premium.
  • Citizens Bank says it serves more than 2.06 million customers through 200 branches across 61 districts.
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