Citibank has always been a pioneer in offering innovative and creative financial solutions to its customers. In addition to the usual product line offered by banking institutions, Citibank also offers a unique credit proposition to its customers. This offering is known as Instant loan against Citibank Credit Cards. This facility is available for some select Citibank Credit Card holders.
It is also referred to as “Loan on Phone” (LOP) as the loan can be availed through a simple phone call as well.