- Xiaomi has announced a new Mi Smart upgrade program in India.
- It offers various buyback plans for both Mi and Redmi phones.
- You can get up to 70% of the value of your phone back when you upgrade it under the program.
You can now trade in your older Mi and Redmi phones in India for newer models and get up to 70% of their value back. Xiaomi has launched various buyback plans as part of a new Mi Smart upgrade program. Plans start at Rs. 399 (~ $ 5) and offer fixed buyback values if you upgrade your handsets to 15 months at any time after three months.
The repurchase value of your Mi and Redmi phones will change according to the different return periods. For example, if you trade in a Xiaomi Mi 10 for the next flagship between 91 and 180 days after purchase, you will receive an insured surrender value of 70% of the retail price.
The minimum guaranteed buyback value is 40% of the retail price if you exchange your phone between 13 and 15 months. You can review all surrender values and redemption deadlines for the Mi Smart Upgrade program below.
| Redemption Period | Surrender value |
|---|---|
| 4-6 months (91-180 days) | 70% |
| 7-9 months (181-290 days) | 60% |
| 10-12 months (291-365 days) | 50% |
| 13-15 months (366-455 days) | 40% |
Unfortunately, not all Redmi and Mi phones are eligible for the Mi Smart Upgrade Program. You can only use the plans for the Redmi 9, Redmi Note 9, Redmi K20 Pro and Mi 10 series. Check prices for all upgrade plans below.
| model | price |
|---|---|
| Redmi 9 Prime | Rs. 399 |
| Redmi 9 | Rs. 399 |
| Redmi Note 9 | Case 499 |
| Redmi Note 9 Pro | Case 549 |
| Redmi Note 9 Pro max | Case 599 |
| Redmi K20 Pro | Rs. 999 |
| Wed 10d | Rs. 1,499 |
| Mi 10T Pro | Rs. 1,699 |
| Wed 10 | Rs. 1,999 |
Xiaomi’s trade-in program is similar to the Samsung Galaxy Assured buyback program in India. The only difference is that the Samsung program is limited to flagship phones, while Xiaomi has also considered affordable Redmi devices.
also read: The best Xiaomi phones you can buy right now