Jio Phone Next could be yours at just Rs 500, here’s how

Highlights

• Jio Phone Next is said to be available in two models: Basic and an Advanced version.
• The former is said to cost Rs 5,000, while the latter is reported to be priced at Rs 7,000.
• Jio is aiming to sell 50 million Jio Phone Next units in the next 6 months.

Jio Phone Next is slated to hit stores on September 10th across the country and it appears that the company is gearing up for the big launch. The Jio Phone Next was introduced back in June at the Reliance AGM conference and is the first product to come out in partnership with Google. Pre-bookings of the handset are expected to begin this week but before that more information about the Jio Phone Next price in India and the sale structure has surfaced online, courtesy of ET Now. According to the report, Jio is aiming to sell 50 million units in the next 6 months and for that, the telecom network is said to have partnered with State Bank of India, Piramal Capital, IDFC First Assure, and DMI Finance. Combined, these vowed to do a business of Rs 10,000 crores.

Jio Phone Next will be available in two models

Jio Phone Next is touted to be the cheapest 4G smartphone in India. Now, it is reported the handset will be available in two models. According to the report, one of them is the Jio Phone Next Basic model, while the other will be the JioPhone Next Advance model. The former is said to be priced around Rs 5,000, while the latter could launch in the market at around Rs 7,000.

Buy Jio Phone Next for just Rs 500?

Furthermore, to reduce the burden upfront, Jio Phone Next buyers won’t have to pay the full amount while purchasing. Instead, customers can pay just 10 percent of the phone’s price and the remaining price can be paid to the above-mentioned banks and finance companies through EMI. This means the Basic model can be yours by paying just Rs 500 and the rest through easy-EMI options. Similarly, the Advanced model can be purchased for just Rs 700. 

In addition to the said banks, Reliance Jio has also signed credit support deals worth Rs 2,500 crores with four non-banking finance companies (NBFCs).

Either way, that’s everything we could gather about the Jio Phone Next price in India at the moment but with the launch just a few days away, we can expect to learn more soon. Stick around.

The post Jio Phone Next could be yours at just Rs 500, here’s how first appeared on 91mobiles.com.

https://ift.tt/3BraGhk
https://ift.tt/38yEY5d