Mi Exchange Program : Exchange your old phone for a new Xiaomi smartphone at Mi Home

Xiaomi has launched new Exchange Program in partnership with Cashify which lets you exchange your old smartphone for a new Xiaomi smartphone at your nearest Mi Home. Xiaomi has 11 Mi Home stores across Bengaluru, Delhi-NCR, Hyderabad, Mumbai, Pune, and Chennai.
Mi Exchange Program : Exchange your old phone for a new Xiaomi smartphone at Mi Home


On exchanging your old phone, depending on your phone’s condition, Cashify team will propose the resale value for the device based on the market conditions. You can use the same amount to get a discount for new Xiomi smartphone at the store. You can exchange only one device for a Xiaomi phone.You can also get a pickup service on the old phone. If you pay the complete amount for the new phone at the Mi Store on the purchase and schedule a pickup call, Cashify will send an executive to collect the device as per the decided time and pays the customer.

Terms and conditions for the Mi Exchange Program

  • This is a phone exchange program which is run by Cashify at all Mi homes.
  • The customer can only exchange any one device (in Cashify Portfolio) with an available Xiaomi phone at Mi home.
  • The resale value of the phone based on Cashify inbuilt application. The evaluation of the phone is purely based on the old phone condition.  
  • There is no negotiation on the proposed exchange price by the store staff.
  • The customer gets an e-receipt through Cashify for his old phone.
  • The customer can also get a pickup service of the old phone if required that shall be supported by Cashify. In this case, he pays the complete amount for the new phone at the store during the time of purchase and schedules a pickup call. Cashify shall be sending an executive to collect the device as per the decided time and pays the customer. In this process, all issues are addressed by Cashify. Xiaomi has no involvement in the process.
  • Once the exchange is made, the customer would not be entertained to do any further changes.

Xiaomi to open 100 Mi Homes across India in the next two years. Hope Xiaomi expands the exchange program to other partner stores as well.


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