Along with the launch of “Made in India” Xiaomi Mi PowerBank 2i, the company has announced Mi Exchange Program, in a tie-up with Cashify. Under this plan, one will be able to exchange their old smartphone, with a new Xiaomi mobile at Mi Home.
Depending on the smartphone’s condition, Cashify team at the Mi Store will propose a suitable price for your device. The cost of the return device is based on the market conditions and further can be used to get a discount for new Xiaomi smartphone.
The Xiaomi said that customer can only exchange any one device in Cashify Portfolio at a time. Other than this, the resale value of the phone based on the Cashify inbuilt application and can not be negotiated. After the exchange, one will receive an e-receipt for the same, which can later be used as a discount.
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It required the customer can also schedule a pickup service of the old phone at the time of purchase, in case they did not carry their old device. Though one has paid the complete amount for the new phone at the store and will get the discounted amount during the collection process by the executive. Once the exchange is made, the customer would not be entertained to do any further changes. Xiaomi said that the company has no involvement in the process
Currently, there are 11 Mi Home stores across the nation, including Delhi-NCR, Bangalore, Hyderabad, Mumbai, Pune and Chennai. Further, the company is expecting to open 100 Mi Home within two years, across the nation.