Mi Credit is a personal loan platform from Xiaomi - India’s #1 Smartphone Brand, offering loans up to ₹5,00,000 at low interest rates in the most convenient and secure way. Loan amount: From ₹5,000 to ₹5,00,000 Interest rates: From 16.2% to 36% per annum Tenure: 91 days to 24 months It offers service to users over 21 years old and allows you to apply for a loan in four quick steps and get money within minutes. The application process is completely digital and hassle-free, and can be completed with the help of your mobile phone anywhere, even when you are sitting at your home, office or commuting. You may use the loan funds for any personal requirement like shopping, travel, education, medical expenses etc. We work with multiple partners to get the best loan offer for you at affordable EMIs. You have the flexibility to choose EMI tenure, so that it is convenient for you to pay the EMIs! Personal loan example: Loan amount: ₹20,000 Tenure: 6 months Interest rate: 16.2% per annum Processing fee: ₹400 (2%) GST on processing fee: ₹72 Total interest: ₹956 EMI: ₹3493 APR: 36% Loan amount is ₹20,000. Disbursed amount is ₹19,528. Total loan repayment amount is ₹20,956. Credit Report / Experian Score In Mi Credit app, you can also check your credit report / Experian report worth ₹1,200 for free. You need to provide a few basic details and you can get a detailed analysis of your bureau report. You can use the tips to improve your credit score, which will be handy whenever you need a loan in future. Product features Xiaomi\u0027s official personal loan app Best security practices to keep your information safe and secure. Best loan offers just for you Loan amount up to ₹5,00,000. Interest rates starting at 1.35% p.m. Quick approval process Instant approval and direct money transfer to your bank account. Easy way to borrow Simple documentation and 100% online process How to apply for a loan? Step 1: Install Mi Credit app from Google Play Store and register through Mi account or phone number Step 2: Upload KYC documents (ID \u0026 Address Proof) \u0026 add personal details for online verification Step 3: Add bank details to facilitate transactions Step 4: Loan amount up to ₹5,00,000 is disbursed to your bank account quickly Additional information Customer Service Email: [email protected] Customer Service Hotline: 1800-258-6286 (Monday- Sunday, 8 a.m. to 11 p.m.) Bug Report Email: [email protected] Address: Orchid Block E, Ground Floor to 4th Floor, Embasy Tech Village, Marathahalli,, SARJAPURA OUTER RING ROAD, Bangalore, Karnataka, India.