Xiaomi on Thursday launched Mi Credit in India i.e. instant Personal Loan only for MIUI users on the basis of KYC verification. Its new credit service that acts as instant financial lending in India, personal loan platform for young professionals. Mi Credit users will be eligible to avail for loans between Rs 1,000 and Rs 1,00,000 via KreditBee.
The service is available only for MIUI users, can access to apply for quick loans. Xiaomi lending platform lists financial loan providers services through KreditBee. Mi Credit only lists loan provider platforms.
|Minimum Loan||Rs. 1,000/-|
|Maximum Loan||Rs. 1,00,000/-|
|Loan Time||Within 10 minutes|
|Documentation||Only KYC verification is required|
After KYC verification, the personal loan can be expected within 10 minutes after verification.