Xiaomi Mi Credit personal loan service in India: Re-Launch
We know that Xiaomi is into manufacturing Mobiles, Power banks, Air purifiers, Smart home gadgets, and whatnot. Now Xiaomi has re-launched Xiaomi Mi Credit personal loan service in India: Re-Launched
The company defines the Mi Credit as an “Online curated marketplace for lending, to offer the best personal loans to its fans. These loans are for young professionals and Millenials, aiming quicker and convenient digital approach.
Xiaomi has joined hands with Aditya Birla Finance Limited, Money View, Earlysalary, Zestmoney and CreditVidya as lending partners. The company says that paperless KYC is the key advantage. Most importantly, loans will be credited to all major banks in India.
Higher loan amount at a lower interest rate is the highlight of Mi Credit. In addition to that, there is a free credit report generation service that will be powered by Experian’s credit reporting solution.
Mi Credit App:
Mi Credit App will now come pre-installed on Xiaomi’s phones. The app is also available on Google Play store to download for other smartphones.