Xiaomi India: Chinese smartphone manufacturer, Xiaomi has recently launched the ‘Xiaomi Easy Finance’ scheme in India. The new scheme is launched by the Xiaomi to make purchases of its mobile phones easier in the country. The company has partnered with Axio which is a digital consumer financial service provider and Trustsonic , a digital security and srvices firm.
The smartphone company is initiating new program with its Redmi 12 handset which retails for Rs. 9999 in India.
Muralikrishnan B, President, Xiaomi India, was quoted in the company’s press release saying that “We aim to make smartphone ownership a seamless and hassle-free experience. This initiative is a part of our goal to provide customers with easy finance solutions and ensure that owning Redmi smartphones is within everyone’s reach, regardless of their location”.
Xiaomi Easy Finance Scheme: What Exactly It Is ?
As per Xiaomi, it is a digital loan disbursal program through which customers can get instant approval for the loan to buy smartphone in a fully digital paperless process. It will offer Redmi smartphone with no cost EMI options.
Throughtout this process, the company will be backed by ts financial partner Axio and digital security provider, Trustsonic.
How To Get The Benefits Of The Scheme?
First of all it is important to know that the company will only offer smartphone under the price range of Rs. 15000 under this scheme.
Documents Required
Customers who want to avail the benefits of the scheme will be required to submit his/her Aadhaar Card, Pan Card and bank related details to the lender.
Process
- Xiaomi’s “Easy Finance Scheme” is a fully digital process of loan disbursal to the customers.
- The brand will offers its smartphone with No cost EMIs for 6 months and 9 months tenure.
- The loan disbursal will attract extra file charges, varying according to the smartphone.
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