Realme is witnessing strong growth in the smartphone segment in India but it wants to closely follow and possibly beat Xiaomi in every other segment as well. Xiaomi recently took the wraps off its personal loan platform Mi Credit in India. Now, Realme today also entered the country’s financial sector with the launch of Realme PaySa.
Talking about loans, Realme PaySa will offer personal loans between Rs 8,000 and Rs 1 lakhs with a repayment window of up to five years. You can repay it as soon as within 5 months. Businesses, on the other hand, can secure loans between Rs 50,000 and Rs 20 lakhs using the platform. Realme has partnered with EarlySalary and LendingKart as its loan providers.
Realme PaySa is currently in beta and the Android app is already live for users to try out and provide feedback. It can be installed on any Android app and will be available on iOS very soon. Once the testing is complete, the app will be open to everyone and come pre-installed on Realme phones in the future.
