Mi Credit Platform Explanation
Xiaomi has now in their very tight grip in India. In addition to smartphones and other gadgets, Xiaomi has been bringing many other projects in India as part of that Xiaomi has launched “Mi Credit Platform” in India. Mi Credit is the company’s third value-added internet service for its users after Mi Music and Mi Video that was announced in May 2018.
The company says Mi Credit acts as a platform for its users to initiate the financial lending. The company has announced the Mi Credit service in partnership with an instant personal loan platform Krazy Bee (Kredit Bee). It's the third party agent. And users can log on to the platform to apply for a quick loan.
The company offering the loan from 1000-1,00,000. The Xiaomi Mi Credit is available only for MIUI users. It's not available for a stock Android phone like Mi A1. The loan can be initiated in less than 10 minutes with a simple KYC verification. All verification and user's information are input is done on their partner platforms. You can check the list of the agent from Mi Credit Website.
If you want to get the loan, you must have a PAN Card, Aadhaar Card, Bank Account and MIUI smartphone. The loan interest rate is 3% per month and the loan tenure period is 15 to 90 days. Apply the loan and more information please visit the Mi Credit Website.