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[Announcement] Mi Credit in India: Value-added Internet service through our very own lending platform for MIUI

2018-06-29 06:05:11
161585 530

Mi Fans!
Xiaomi, India’s no. 1 smartphone brand, we today announced Mi Credit, our new service that acts as a platform for users to initiate financial lending. Financial loan providers are listed on Mi Credit, and Xiaomi users can 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. Currently, Mi Credit is available only for MIUI users where KreditBee is offering loans from INR 1,000 up to INR 100,000. KreditBee aims to become the first choice for young professionals when it comes to quick and convenient personal loans. 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.

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 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.

How to avail Mi Credit

Mi Credit is the third value-added internet service for Indian Mi Fans after Mi Music and Mi Video, which we recently announced in May 2018. Please do note that the service is available only on MIUI running devices and hence not available for Mi A1.

Excited to try?
Let us know in the comments below


Number of participants 5 Experience +19 Pack Reason

View Rating Log

2018-06-29 06:05:11
Favorites394 RateRate

Master Bunny

Takshil Joshi | from Redmi Note 5 Pro


In my opinion the service is great but the repayment option should be atleast six months as not everyone can replay within 3 months.
2018-06-29 06:13:46
I Am Excited To Try.Mi Credit service.

Dear MI Team.
Are This Possible To Another Device User which Is Using Miui Apply That Service.
2018-06-29 06:33:18

Master Bunny

meetgour | from Redmi Note 5 Pro


Wow! Great Initiative :)
2018-06-29 06:39:51


mishsuji | from Redmi Note 5 Pro


Really a great service by MI
2018-06-29 06:43:21
MIUI Moderator

Wizard Bunny

Sampath madurai | from Redmi Note 4


Excited thanks for your information
2018-06-29 06:45:08

Pro Bunny

anil Kulkarni | from Redmi Note 5


it's Great news!
2018-06-29 06:54:27

Pro Bunny

Iamcoolboy | from Redmi Note 5 Pro


2018-06-29 06:58:09

Master Bunny

Saroj Sankar | from Redmi 4A


Xaomi should not be getting into each and every industry domains. Can get catastrophic in future and moreover it's main stay in smartphones should be concentrated more.
2018-06-29 07:06:21
Saroj Sankar,
The Univesal Foodie
City Of Temples
A helping hand and a smiling face goes all the way.

Semi Pro Bunny

A8|-|! | from Redmi Note 5 Pro


were is 9.5 oreo update for redmi note 5 pro
2018-06-29 07:06:47

Master Bunny

AshfaqMohammed | from Redmi Note 5 Pro


great news from Xiaomi
2018-06-29 07:13:17
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