{"id":10195,"date":"2026-02-04T08:12:38","date_gmt":"2026-02-04T08:12:38","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&p=10195"},"modified":"2026-02-04T08:12:39","modified_gmt":"2026-02-04T08:12:39","slug":"how-to-open-a-citibank-account-in-india-2026-important-update","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/how-to-open-a-citibank-account-in-india-2026-important-update\/","title":{"rendered":"How to Open a Citibank Account in India (2026 \u2013 Important Update)"},"content":{"rendered":"\n

You cannot open a new Citibank savings account in India anymore.<\/strong>
Citibank has exited retail banking in India<\/strong>, and all existing consumer banking accounts have been migrated to Axis Bank<\/strong>.<\/p>\n\n\n\n

Quick Summary<\/h2>\n\n\n\n
    \n
  • Citibank retail banking in India:<\/strong> Closed<\/li>\n\n\n\n
  • Existing Citi accounts:<\/strong> Moved to Axis Bank<\/strong><\/li>\n\n\n\n
  • New account option:<\/strong> Open an Axis Bank account<\/strong><\/li>\n\n\n\n
  • Citi still operates in India:<\/strong> Corporate & institutional banking only<\/li>\n<\/ul>\n\n\n\n

    What Happened to Citibank in India?<\/h2>\n\n\n\n

    Citibank decided to exit retail banking<\/strong> (savings accounts, credit cards, personal loans) in India.<\/p>\n\n\n\n

    As a result:<\/p>\n\n\n\n

      \n
    • Citi savings & current accounts were transferred to Axis Bank<\/strong><\/li>\n\n\n\n
    • Citi credit cards are now serviced by Axis Bank<\/strong><\/li>\n\n\n\n
    • No new Citibank accounts can be opened by individuals<\/li>\n<\/ul>\n\n\n\n

      Can You Still Open a Citibank Account?<\/h2>\n\n\n\n

      For Individuals (Savings\/Current Account)<\/h3>\n\n\n\n

      No. Citibank does not<\/strong> open new retail bank accounts in India.<\/p>\n\n\n\n

      For Companies \/ Institutions<\/h3>\n\n\n\n

      Citibank still offers:<\/p>\n\n\n\n

        \n
      • Corporate banking<\/li>\n\n\n\n
      • Investment banking<\/li>\n\n\n\n
      • Institutional services<\/li>\n<\/ul>\n\n\n\n

        This is not applicable<\/strong> for personal savings accounts.<\/p>\n\n\n\n

        Alternative: How to Open an Axis Bank Account (Citi Replacement)<\/h2>\n\n\n\n

        If you wanted a Citibank account earlier, Axis Bank<\/strong> is now the practical alternative.<\/p>\n\n\n\n

        Steps to Open Axis Bank Savings Account<\/h3>\n\n\n\n
          \n
        1. Visit Axis Bank website or mobile app<\/strong><\/li>\n\n\n\n
        2. Choose Savings Account<\/strong><\/li>\n\n\n\n
        3. Enter mobile number and basic details<\/li>\n\n\n\n
        4. Complete Video KYC<\/strong> using PAN & Aadhaar<\/li>\n\n\n\n
        5. Account is opened online in most cases<\/li>\n\n\n\n
        6. Debit card is delivered to your address<\/li>\n<\/ol>\n\n\n\n

          Many former Citi features are now available under Axis Bank plans.<\/p>\n\n\n\n

          What If You Were an Existing Citibank Customer?<\/h2>\n\n\n\n
            \n
          • Your account is now an Axis Bank account<\/strong><\/li>\n\n\n\n
          • Login via Axis Bank mobile app \/ net banking<\/strong><\/li>\n\n\n\n
          • Old Citi relationship benefits may continue as per Axis policy<\/li>\n<\/ul>\n\n\n\n

            FAQs<\/h2>\n\n\n
            \n
            \n
            \n

            Q. Can I open a Citibank account online in India?<\/strong><\/h3>\n
            \n\n

            A. No. Citibank retail accounts are no longer available.<\/p>\n\n<\/div>\n<\/div>\n

            \n

            Q. Is Citibank completely closed in India?<\/strong><\/h3>\n
            \n\n

            A. No. Only retail banking<\/strong> is closed. Corporate banking continues.<\/p>\n\n<\/div>\n<\/div>\n

            \n

            Q. Which bank replaced Citibank in India?<\/strong><\/h3>\n
            \n\n

            A. Axis Bank<\/strong> took over Citi\u2019s consumer banking business.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

            Conclusion<\/h2><\/div>\n\n\n\n

            You cannot open a new Citibank account in India in 2026<\/strong>. Citibank has exited retail banking, and all personal banking services are now handled by Axis Bank<\/strong>. If you\u2019re looking for a similar banking experience, opening an Axis Bank savings account<\/strong> is the right option today.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-10195","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sanjit Chakrabortty","author_link":"https:\/\/lemonn.co.in\/blog\/author\/"},"uagb_comment_info":0,"uagb_excerpt":"You cannot open a new Citibank savings account in India anymore.Citibank has exited retail banking in India, and all existing consumer banking accounts have been migrated to Axis Bank. Quick Summary What Happened to Citibank in India? Citibank decided to exit retail banking (savings accounts, credit cards, personal loans) in India. As a result: Can…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/10195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}