The invention discloses a contact information processing method, a mobile terminal and a storage medium. The method includes the following steps: when adding a contact, acquiring Pinyin information ofa contact name input by a user, wherein the Pinyin information includes information of a first initial letter; and classifying the contact name into a first target index letter corresponding to the information of the first initial letter. According to the scheme of the invention, when the contact is saved, the contact name is classified into the index letter corresponding to the information of the first initial letter, thereby, as the information of the first initial letter input by the user corresponds to the customary pronunciation of the user, the user can find the contact according to theown customary pronunciation. The problem that the contact name is classified into other index letters and cannot be rapidly and accurately found by the user can be avoided, and thus the use experience of the user can be enhanced, and the intelligence of contact storage can also be improved.