Mi Credit is a personal loan platform from Xiaomi – India’s #1 Smartphone Brand. The loan can be repaid with easy EMIs over a period of 91 days to 2 years, with an average interest rate ranging from 1.35% to 3% per month depending on product availed. For example, if the loan amount is ₹20,000, interest charged is 16.2% per annum and the loan is to be repaid over 6 EMIs, then the overall interest payable would be ₹937 and the EMI per month would be ₹3423. Please note the processing fee starts at around 1.99% + GST. The figures provided are indicative and are subject to change from time to time.

Mi Credit Customer care

Customer Service Email: micredit-support@xiaomi.com
Customer Service Hotline: 1800-258-6286 (Monday- Sunday, 8 a.m. to 11 p.m.)
Bug Report Email: micredit-in@xiaomi.com

Mi Credit Address:
Orchid Block E,
Ground Floor to 4th Floor,
Embasy Tech Village, Marathahalli,,
SARJAPURA OUTER RING ROAD,
Bangalore, Karnataka, India.

How to apply for a Mi Credit 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 & Address Proof) & add personal details for online verification
Step 3: Add bank details to facilitate transactions
Step 4: Loan amount up to ₹2,00,000 is disbursed to your bank account quickly