• 19:56 Jan 24, 2020

Advertisement

Xiaomi introduces Mi Credit for MIUI users in India

By: The Mobile Indian network, New Delhi Last updated : May 24, 2018 11:15 am

Mi Credit is currently available in partnership with KreditBee, an instant personal loan platform for young professionals. It is important to note that the lending service is currently available only for MIUI users. This means that Mi A1 users will not be able to utilise the Mi Credit service.
Advertisement

Xiaomi has today announced the launch of a new lending platform, known as Mi Credit in India. Through this, the company will provide the list of financial loan providers and MIUI users can simply log onto the platform to apply for quick loans.

 

Mi Credit is currently available in partnership with KreditBee, an instant personal loan platform for young professionals. It is important to note that the lending service is currently available only for MIUI users. This means that Mi A1 users will not be able to utilise the Mi Credit service.

 

KreditBee will offer loans from Rs 1,000 up to Rs 100,000. The company says that the loan can be initiated in less than 10 minutes with a simple KYC verification. All verification and user information input is done on partner platforms, with Mi Credit currently only listing all agents. However, there are few questions unanswered like that will be the interest charged by the partners and similar related queries of taking the loan. However, stay tuned with us for further details.

 

Advertisement

Commenting on the launch, Manu Jain, Vice President, Xiaomi and Managing Director, Xiaomi India said, “Xiaomi provides internet services to give our users a complete mobile internet experience, and MIUI functions as an open platform for us to deliver our wide range of internet services, such as content, entertainment, financial services and productivity tools. The connectivity between our devices and the seamless integration between hardware and internet services enable us to provide our users with the better user experience. Mi Credit is another big step in bringing an important internet service to India and we trust that our users would be able to truly benefit as the service becomes more sophisticated.”

 

You might like this

Tags: Xiaomi Xiaomi Mi Credit service Xiaomi Mi Credit loans Xiaomi apps Xiaomi services

Loading...

 

0 Comments

Login with