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

Citizens Bank International Limited has introduced new home and vehicle loan schemes with a fixed interest rate of 5.99% per annum.

Under the scheme, the Sajilo Ghar Karja home loan will carry the 5.99% fixed rate for five years, while the personal vehicle loan will have the same rate fixed for three years.

After the fixed-rate period ends, the interest rate will be set by adding a 1.55% premium to the bank’s prevailing average monthly base rate. Customers can apply for the loans through any Citizens Bank branch across the country.

Citizens Bank currently serves more than 2.06 million customers through 200 branches, 169 ATMs, three extension counters and 42 branchless banking units across 61 districts.