Xiaomi devices comes with latest hardware available out now. Like all other high end device even cheapest Xiaomi smartphone comes with OTG cable support. Focusing on your question, Yes Xiaomi Note Prime comes with OTG cable support. You will need to buy OTG cable available for Rs. 110 on Amazon. Just connect your media storage device to cable and connect it your smartphone. You will be able to see new storage named as External Storage or assigned with any unknown letter in your File Explorer, you can open you files by clicking on it. There are no format restrictions in Android device due to their Open Source environment because of it there are applications available to use almost every file format. So, just grab you Media devices and start using them with your Xiaomi Redmi Note Prime.
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Joy Joon
I am currently pursuing High School and planning to pursue career in Computer. Currently, I work on one of my blog - JTech Articles.