You need to use the “credit card balance conversion” feature to convert the outstanding amount on your Citibank credit card bill into easy EMIs. Besides enjoying a lower rate of interest on your credit card bill, you also get rid of service fees while enjoying the luxury of paying small monthly amounts.

Fees And Charges On Balance Conversion

Rate of interest

Anywhere between 18% and 24% reducing per annum, depending on type of card and credit profile of the cardholder. 

Processing fee

Rs.300 or 2.5% of the loan amount availed (whichever is higher

Pre-closure penalty

3% of the outstanding principal amount

How to convert a citibank credit card bill into EMI?

To convert your Citibank Credit Card Balance into EMI, follow the steps listed below:

  1. Log into your Citibank credit card account and look for the EMI conversion tab. 
  2. Fill in the form with your personal details like name, credit card number, and mobile number.
  3. Click on 'Submit'. Submit the details and a Citibank representative will contact you to help you regarding the EMI conversion facility. Alternatively, you can call 24X7 Citibank credit card customer care at 1860 210 2484 or +91 22 4955 2484 (for people calling from outside of India) to convert your bills to EMI. 

*Note that the EMI feature is not available for all cardholders. It depends on the type of card you hold and your credit profile.