Home loan loan now offered in this Xiaomi Philippines store


So you have been considering a Xiaomi product for some time, but you are running out of money to pay for it in full. You don’t have a credit card either. We have good news for you: Xiaomi Philippines has partnered with Home Credit non-bank financial institution.

There is a caveat: the partnership extends only to the SM Megamall flagship store at this time. So if you want to buy, say, Xiaomi Mi 8 Lite or Pocophone F1, you have to go to Mandaluyong City branch to get mortgage.

SEE ALSO: Xiaomi Mi 8 Lite review: Certainly not a light weight

Bring two pieces of ID. At least one of them must have your current address, and at least one must be one of these:

  • Social security system (SSS)
  • Unified Universal Identifier (UMID)
  • Professional Regulation Commission (CRP)
  • Driving license
  • voter’s card
  • Passport

The processing of applications is fast. Ten minutes later, and you could come home with the gadget or device of your dreams. Of course, you need to be a Filipino citizen between the ages of 18 and 68 with a stable income to be able to apply for a mortgage.

READ ALSO: Xiaomi Pocophone F1 test: incredibly fast, at an insane price

Again, the offer is good for products sold in SM Megamall’s Mi Authorized Store. But a plan to extend the partnership to other official Xiaomi stores in the Philippines is in the works. We think everything will be approved soon, before the end of the year.

SEE ALSO: Job posting for Xiaomi PH stores reveals Taguig branch to open soon

There are currently four Mi Authorized Stores in the country. Besides SM Megamall, they can be found at TriNoma, SM North EDSA and Gateway Mall. Those under construction – those of Starmall Alabang, SM Mall of Asia, Gaisano Mall or Gmall, and Market! Marlet! – should open in the coming weeks.

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Alora Uy Guerrero

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Editor-in-Chief: Alora Uy Guerrero has 18 years of experience as a writer for print and digital publications such as Yahoo. She took time off from journalism to manage OPPO’s digital marketing campaigns. When not busy with her babies, she’s working on Revü, a passion project – or probably traveling or obsessed with her favorite bands, movies, TV shows, and basketball teams.

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