Mi Credit Loan App Apply – Review, Details & Benefits: Hi friends, let us know how you can take an instant personal loan sitting at home through MI Credit App , here you will not have to make any rounds to take a loan, but you can apply this loan only from your smartphone. .
Here we will tell you how to get a loan from Mi Credit, how much loan will be available, how many fees and charges are there for the loan, apart from this, what are the terms and conditions for Mi Credit loan, then you will read this article till the end.
If you are tired of going to banks and now you are wondering if there is any such mobile application which provides you instant loan, more loan in less time, yes friends you are thinking right,
At present, Mi Credit mobile application is such a platform that provides you more loan and also gives more time to repay the loan. You can use this loan to meet your personal needs, start a business, etc. and you can deposit it in monthly installments.
What is MI Credit App
By the way, most people know that Mi credit is an online platform launched by Xiaomi, this company is working as a smartphone brand in India. Right now this company is providing various types of loan services like personal loan, instant loan, cash loan etc.
This mobile application claims if you have aadhar card, pan card then through this you can get instant loan directly in your bank account in less than 5 minutes only.
This company provides loans in collaboration with many finance companies like Aditya Birla Finance, Money View, Early Salary, Zestmoney and CreditVidya by partnering with financial companies. This company follows the guidelines of RBI.
Read Also: Stashfin Credit Line Card
Mi Credit App Loan Details
| Article name | How to get loan from Mi Credit App |
| mobile application name | Mi Credit App |
| type of loan | Instant Personal Loan |
| partnership company | Birla Finance, Money View, Early Salary, ZestMoney, etc. |
| Age to avail loan from Mi Credit App | over 21 years |
| Documents required to take loan from Mi Credit app | PAN card, Aadhar card, Bank details etc. |
| How to apply for loan through Mi Credit app | online process |
| How much credit limit will be available from Mi Credit app? | ₹5000 to ₹25 lakh |
How to get personal loan from Mi Credit app?
Mi Credit is an online platform through which instant loan can be taken, if your credit score is good then you can take loan from minimum ₹ 30000 to maximum ₹ 500000 through this.
This loan will depend on your credit score, to take a personal loan from the Mi Credit app, you can activate the loan in just a few seconds by filling your personal information by installing the Mi Credit app from Google Play Store in your mobile.
Read Also: Indusind Aura Edge Credit Card
What is the specialty of Mi Credit Loan Application?
Mi App is gaining a lot of popularity due to its loan service. This mobile application has disbursed ₹ 125 crore disbursed loan amount till the end of 2019, at present Mi Credit App has more than one million satisfied customers and Including 50% non-Xiaomi phone users. Here we have told about the specialty of Mi Credit loan application which you can read below.
- It provides loan in 100% digital mode.
- Here you are given the facility to do Hassle Free transactions.
- You can get instant loan, at low interest rate.
- Here the focus is on the security functions that exist on a secure hosting platform and it does not share your data with anyone else.
- Loan is available without paper work.
- A guarantor, security will be required to take the maximum loan.
- Customer support is available 24 hours a day.
- A credit score is required to take a loan.
- If you do not have the last name on your PAN card, then you will not be able to get the loan.
- You must have Aadhar Card, PAN Card and Address Proof.
- The credit limit increases if the loan is repaid on time.
- Apart from Paytm, Phonepe, Amazon pay, google pay, the loan can be paid by net banking, debit card, credit card.
How much loan will be available from Mi Credit App?
If you are thinking that how much loan we can get, then friends, let me tell you for your information, you can get instant loan from ₹ 30,000 to ₹ 2500000 with the help of MI CREDIT APP directly in your bank account, here The loan amount is given by checking the credit score, if you deposit the loan on time, then you can get the maximum loan.
Mi Credit Loan App Key Features
Before taking an instant personal loan from Mi Credit app, you should know about it like how much loan you will get, how much interest rate will be charged, is this mobile application safe, we have given information about this in the table below.
| App name | Mi Credit App |
| Loan Type | Instant Personal Loan |
| loan amount | From ₹5,000 to ₹25,00,000 |
| Interest rates | From 10% to 36% per annum |
| Tenure | 91 days to 24 months |
| Get it on | Google Play |
| App Rating | 3.8 |
| App Downloads | 50 lakh+ |
| App Size | 20MB |
| Partner Platform | Birla Finance, Money View, Early Salary, ZestMoney, etc. |
| Rbi Registered | Yes |
| Safe And Secure | Yes |
| Loan Apply | Official Website, Mi Credit App |
Mi Credi Loan Eligibility
Any person who is more than 21 years of age and has any source of income, then he can get Instant Personal Loan by installing Mi Credit App from Play Store. Apart from this, the applicant should be an Indian citizen and the loan Required documents should also be there to apply.
Note: If you do not have the last name on your PAN card then you will not be able to get the loan and even if your CIBIL score is bad then you may face problem in getting the loan.
Read Also: Axis Bank MY ZONE Credit Card
Document Required for Mi Credit App Loan
The documents that will be required to take a loan from Mi Credit App are as follows:
- Aadhar Card
- PAN Card
- Proof of address
- Source of income
- Details of your bank account
How to Apply Loan from Mi Credit App
To get an instant personal loan from Mi Credit app, the following steps have to be followed which are as follows:
1. First of all install Mi Credit App from Google Play Store.
2. Complete the registration with your mobile number.
3. Select Get Loan to apply for the loan.
4. Now fill your personal information like name address mobile number etc.
5. After this click on Continue.
6. Now you will be told about the eligibility criteria of the loan whether you will get the loan amount or not.
7. If you will be eligible for the loan then choose the EMI plan.
8. After this fill your bank details, where you want to get the loan amount.
9. After waiting for some time, money is transferred to the instant bank account.
Note: While taking the loan, definitely check the interest rate, loan amount, bank information, terms of condition, so that any kind of problem may arise in future. A personal loan can be taken up to Rs 2 lakh by timely repayment of the loan.
Some important things about Mi Credit Loan
If your CIBIL score is more than 900 then you can get instant loan up to ₹ 200000.
Monthly income should be received in the bank account or there should be some proof of income, if not, this loan can be rejected.
A guarantor may be required to get the maximum loan amount.
The process of taking a loan is fast where the loan amount is more, apart from this a period of 3 years is given to deposit them.
With the help of Mi Credit, you can apply for a loan at any time from any city in India, if you live in a rural area, then this loan can be rejected by you.
Even if you do not have the last name on your PAN card, you will still not be able to apply for the loan.
Before taking the loan, you should also know that your Dhar card PAN card should also be linked with your mobile number.
Read Also: IDFC FIRST Wealth Credit Card
Mi Credit Loan Customer Care Number / Customer Support
If you face any kind of problem in taking personal loan from Navi App, then you can get the solution of your problem by talking to Navi’s customer care. This facility is available 24 hours a day. Apart from this, you can also get a solution to your problem through email, about which we have given information below.
- Customer Service Email : [email protected]
- Customer Service Hotline : 1800-258-6286 (Monday- Sunday, 8 am to 11 pm)
Read Also: Bajaj Finserv Credit Card
Conclusion : Mi Credit Personal Loan Review
Friends, in today’s article, we told you how you will get a personal loan with the help of MI Credit APP, Instant Personal Loan Mi Credit Mi Credit Loan Apply , how to apply for MI Credit personal loan, what to keep in mind while taking personal loan Have to keep all the information made available, this information is helpful for you, then you can share it with your friends so that it is easy for them to take the loan, and remember to apply the loan only when you really need the money otherwise Do not take loan
Some FAQ’s on Mi Credit Loan App
Q1. If I am a student, can I get a loan from Mi Credit?
Ans. If you are a student and your age is more than 21 years then you can get personal loan from Mi Credit App, but there is a condition that your CIBIL score should be good, otherwise you will not get this loan.
Q2. How to deposit Mi Credit Personal Loan?
Ans. At present, there are many platforms available with the help of which personal loan can be filled. If you want to deposit Navi Instant Loan then you can use Paytm, Phonepe, Amazon App, Googlepay app. Here we have explained the complete process step by step.
The Mi Credit personal loan can be easily deposited through the official website, mobile application by following the steps mentioned below.
First of all open Mi credit App.
Complete the registration with the help of your mobile number. Now the option of Repay Now will be visible in front of you as shown in the screenshot.
Now click on Repay.
Now you will get a successful message.
Note: Loan amount can also be filled through Mi credit App, here you have to fill the amount before the due date otherwise you may have to pay some penalty charges.
Q3. What can happen if Mi Credit personal loan is not deposited for 1 year?
Ans. If you do not deposit the Mi Credit personal loan for 1 year, then your credit score may get spoiled. And you will not be able to take advantage of any type of online instant loan in future. Due to non-payment of loan on time, the bank can freeze your account, apart from this you can also become a defaulter.
Q4. Is Mi Credit a secured loan application?
Ans. Yes it is a secure mobile application which provides loan with instant approval just need to have good cibil score it is working as a smartphone company in India providing personal loan cash loan etc .
This company is registered on Mca.gov.in, apart from this it follows the guidelines of Reserve Bank of India (RBI) and NBFCs.
Q5. How can I get a personal loan from Mi Credit?
Ans. To apply for the loan, the applicant has to install the Mi Credit App and enter the bank account details after submitting some query information like name, gender, date of birth, profile details, required documents- PAN card, address proof and scanned copy of selfie. You can activate later, here the loan gets disbursed quickly if you have a good rate score.