Along with starting its financial service, Xiaomi company has also launched MI Credit App. Through this application, you can get instant loan. The company provides a maximum loan of ₹ 100000 through this application. For this, the company has made KreditBee company its partner.
Many times, we suddenly need more money to fulfill our financial needs. In such a situation, we look for a platform where we can get an easy loan immediately in a few minutes. For this, you can use the MI Credit platform if you want. This loan service is being provided by the MI company itself.
If you are thinking of taking a loan from Mi Credit. Then first read this post till the end. Mi Credit is an application that provides personal loan and business loan.
What is MI Credit Loan?
Friends, Mi Credit is a loan providing application. Through this app you can easily get a loan in no time. This loan application is also registered in the Play Store App. Mi Credit Loan App has been downloaded more than 50 lakh times and till now about 60 thousand people have received loan through this application and are taking advantage of the loan. Also, the rating of Mi Credit App in the Play Store is 4 stars.
MI Credit App Loan Limit
If you want to get a loan through this loan application, then you can get a minimum loan of ₹ 1000. You can get a maximum loan of ₹ 100000. To get a loan, you have to complete your KYC process.
Loan Repayment Period And Interest Rate
If you take a loan with the help of MI Credit application, then you have to pay 1.35% interest every month.
You can repay your loan amount in a period of 3 months to 3 years.
MI Credit Loan Required Documents
The following are the documents required to take a loan from Mi Credit –
- PAN card
- Aadhaar card
- Proof of income
- Bank statement
- Selfie
MI Credit Loan Eligibility
- To take a loan from Mi Credit, you must be an Indian citizen.
- To take a loan from MI Credit App, your age should be between 21 and 55 years.
- To take a loan from MI Credit, you must have proof of income.
- our CIBIL score should not be negative.
- Your mobile number should be linked to Aadhaar.
- To apply for Mi Credit Loan App, you must have a smartphone and internet connection.
- You must have a savings account along with internet banking.
- Do check if Mi Credit service is available in your city or not.
MI Credit Loan Benefits
- With the help of this application, you can get a loan by applying online.
- You do not need to go out of your house to apply for a loan.
- If you are eligible for a loan, then you get the loan in a few minutes.
- Here you have to pay a very low interest rate.
How To Apply For Mi Credit Loan?
- To take a loan from Mi Credit App, first download MI Credit Application from Play Store and install it on your mobile.
- After this, accept the Privacy Policy and Terms and Condition of MI Credit App and click on the Agree and Continue option.
- After this, allow whatever permission MI Credit Loan App asks from you.
- After this, you have to enter your 10 digit mobile number and click on Next, and an OTP will come on the number entered by you, enter it and click on Next.
- After following this process, your account will be created in MI Credit App.
- To apply for a loan, click on the Get Now option, and select the type of loan you want, Business or Personal Loan.
- If you work on salary, then click on the Salaried option and if you do your own work, then select the Self Employed option and click on the Confirm option.
- After this, upload the required documents.
- After filling up all these details, click on the Continue option.
- First of all, upload KYC documents like PAN card and Aadhar card in the Mi Credit Loan App, and also fill in the details of your bank in which your loan amount will come.
- If you become eligible for the loan, then the loan amount will be transferred to your bank account within no time.
- By following this easy process, you can take a loan from MI Credit Loan App.
Conclusion
You can get a loan instantly through this application. The company provides a maximum loan of ₹ 100000 through this application. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
