Jio Phone Next EMI plans explained: how much you will pay extra and what you will get exactly
The Jio Phone Next launch details have been finally revealed officially by the company, ending a wait that lasted months. The smartphone’s price is set at Rs 6,499 officially, a far cry from the expectations of Rs 3,499 and under that were floating around in the market so far. However, with an EMI scheme that the company is offering for the Jio Phone Next, the smartphone can be purchased with a down payment of Rs 1,999. Buyers will have the option to opt for EMIs lasting 18 months or 24 months. Let’s take a look at the Jio Phone Next EMI plans the company has announced.
Jio Phone Next EMI plans explained
With the EMI plans, the company is adding the handset cost and the data costs in one monthly price. Jio Phone Next EMI plans are spread across four tiers, namely Always-on, Large, XL, and XXL. All four plans come with bundled calling and data, and it is the latter that is the differentiating factor between the four plans. So that means you will get bundled data and calling if you opt for the EMI option with the smartphone. However, you will have to pay a Rs 501 processing fee as well with the smartphone.
Always-on plan
In the Always-on Jio Phone Next EMI plan, you will get only 5GB of data per month, along with 100 minutes of bundled calling. However, this plan is unlikely to be enough for the data-hungry Indian populace. Under this plan, you will have to pay Rs 350 per month for 18 months (or Rs 6,300 in total) or go for the 2-year payment plan at Rs 300 a month (Rs 7,200 cumulatively). Add to this the down payment and the processing fee and the effective Jio Phone Next price goes up to Rs 9,700!
Price | Duration | EMIs paid | Total paid |
Rs 300 | 24 months | Rs 6,300 | Rs 8,800 |
Rs 350 | 18 months | Rs 7,200 | Rs 9,700 |
Large EMI plan
Next up is the Large Jio Phone Next EMI plan. This one offers you EMIs of Rs 450 for 24 months (total Rs 10,800) or Rs 500 for 18 months (total Rs 9,000). In lieu of that, you get unlimited calling and 1.5GB data per day, which will make the plan a more attractive proposition than the entry-level Always-on option.
Price | Duration | EMIs paid | Total paid |
Rs 450 | 24 months | Rs 10,800 | Rs 13,300 |
Rs 500 | 18 months | Rs 7,200 | Rs 9,700 |
XL plan
In the XL Jio Phone Next EMI plan, the daily data allowance gets upped to 2GB per day and the calling remains unlimited. To get this plan, you need to pay Rs 500 for 24 months or Rs 550 for 18 months, totalling Rs 12,000 and Rs 9,900 respectively.
Price | Duration | EMIs paid | Total paid |
Rs 500 | 24 months | Rs 12,000 | Rs 14,500 |
Rs 550 | 18 months | Rs 9,900 | Rs 12,400 |
XXL plan
Last in the list of Jio Phone Next EMI plans is the XXL option, which gives you 2.5GB data every day for a month as well as unlimited calls. For this, you can either pay Rs 550 for 24 months or Rs 600 for 18 months, which amount to Rs 13,200 and Rs 10,800, respectively.
Price | Duration | EMIs paid | Total paid |
Rs 550 | 24 months | Rs 13,200 | Rs 15,700 |
Rs 600 | 18 months | Rs 10,800 | Rs 13,300 |
So with the EMIs, you can end up paying as much as Rs 15,700 for a smartphone that costs Rs 6,499. Granted, you get bundled data with these EMI options, but you will end up saving some money even if you take the 3GB per day recharge pack.
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