What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained

What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained

Jio New Offer

Reliance Jio recently announced a new scheme called 'JioPhone Monsoon Hungama'. As part of this scheme, Reliance Jio is offering users of 2G and 3G mobile phones to exchange their existing device - which needs to be in working condition - to get a JioPhone by paying an amount of Rs. 501, according to the telecom company's website - jio.com. Without the exchange offer, the JioPhone device is available at Rs. 1,500, according to Reliance Jio. Reliance Jio launched JioPhone, a 4G-enabled feature phone, in 2017. Here's what Reliance Jio's latest offer on its phone - the JioPhone - means for the consumer.

Jio Phone Monsoon Hungama

Jio Monsoon Hungama Offer

What Reliance Jio Rs. 501 exchange offer means for you

Under the Monsoon Hungama exchange offer, Reliance Jio's JioPhone device will be available to customers at an effective price of Rs. 501, according to a statement by the company. The amount of Rs. 501, paid by the customer to exchange a 2G/3G device in working condition for a JioPhone, is a security deposit that is refundable, according to Reliance Jio. At the end of three years, the telecom company has said it will refund the 100 per cent security deposit "thereby making the JioPhone effectively FREE".

How to avail Reliance Jio Rs. 501 exchange offer

The Monsoon Hungama exchange offer can be availed instantly at Reliance Jio retail stores. The exchange is applicable on "old 2G/3G/4G (non-VOLTE)" phones, according to Jio. The customer is also required to submit a charger along with the existing device.

Jio New Offer

Reliance Jio SIM

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Customers purchasing the JioPhone device - either by paying the amount of Rs. 1,500 or by paying Rs. 501 as part of the exchange offer - will get a new SIM along. The customer can also retain his or her existing mobile number by opting for a mobile number portability (MNP) service. The customer can avail the Reliance Jio Monsoon Hungama exchange offer after completion of the MNP process, the company explained.