Jio Phone Next will be priced like this in India, Basic and Advanced will be available in two variants
Many people are eagerly waiting for Jio Phone Next and it is being said that it will be available for purchase from September 10. According to a report by ET Now, Reliance Jio has partnered with five banks to finance the sale of its Jio Phone Next. Under this, interested customers can buy the smartphone by paying only 10%, while the rest will be financed by banks. The price and variants of the upcoming smartphone have also been revealed in the report.
Jio Phone Next has been created in collaboration with the search engine giant Google. The affordable 4G smartphone was announced at the company's 44th AGM in June this year. Jio is reportedly targeting to sell up to 5 crore units of Jio Phone Next in the next six months.
Jio Phone Next price in India
Jio Phone Next will reportedly be available in Basic and Advanced variants, which are priced at Rs 5,000 and Rs 7,000 respectively. The smartphone is expected to launch on September 10, with pre-bookings likely to go live this week.
Jio Phone Next EMI Option
As mentioned earlier, buyers will have to pay 10 percent of the Jio Phone Next cost, while lenders will finance the balance. According to the report, the State Bank of India (SBI), Piramal Capital, IDFC First Assure, and DMI Finance have decided to do business worth Rs 10,000 crore. Additionally, four non-banking financial companies (NBFCs) have assured loan assistance of Rs 2,500 crore.
Jio Phone Next Specifications and Features (Expected)
As per previous leaks, Jio Phone Next will reportedly come with a 5.5-inch HD display. It will have a plastic body with top and bottom bezels. The smartphone may come with an 8MP front camera and a 13MP rear sensor.
The Jio Phone Next is expected to be powered by the Snapdragon 215 processor paired with 2GB or 3GB of RAM and 16GB or 32GB of onboard storage. It will come with a 2,500mAh battery and run on Android 11 (Go Edition) OS.