The Jio Phone Next is set to launch on September 10th over the country, and the company seems to be preparing for the big event. The Jio Phone Next was unveiled at the Reliance AGM conference in June and is the first product developed in collaboration with Google. Pre-orders for the handset are slated to begin this week, but further details about the Jio Phone Next price in India and the sale structure have leaked online.
According to the source, Jio plans to sell 50 million handsets in the next six months and has worked with the State Bank of India, Piramal Capital, IDFC First Assure, and DMI Finance to achieve this goal. Together, they vowed to do business worth Rs 10,000 crores.
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Jio Phone Next Price (Expected)
The Jio Phone Next is described as India’s cheapest 4G smartphone. The handset will now be offered in two variants, according to reports. The Jio Phone Next Basic model will be one of them, according to the report, while the JioPhone Next Advance variant would be the other. The former is expected to cost roughly Rs 5,000, while the latter is expected to cost around Rs 7,000.
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How to Get Jio Phone Next for Just Rs 500?
Furthermore, Jio Phone Next buyers will not be required to pay the whole cost at the time of purchase. This is offered in order to ease the financial burden. Instead, buyers can pay only 10% of the phone’s cost up front; and the rest can be paid overtime to the above-mentioned banks and financial companies via EMI. This means you may get the Basic model for just Rs 500 and the rest in easy-to-repay instalments. Similarly, the Advanced model will be available for Rs 700.
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Reliance Jio has also signed credit assistance contracts worth Rs 2,500 crores with four non-banking finance companies (NBFCs); in addition to the above-mentioned banks.
In any case, that’s all we know about the Jio Phone Next price in India right now. But with the launch coming up in a few days, we may expect to hear more shortly.
Ritik
An enthusiastic writer combined with tech knowledge. I love to share my research and experience on latest gadgets being released in the market. When not writing, you can find me grinding in video games or binge watching the new Netflix release.