JioPhone Monsoon Hungama exchange offer – JioPhone at an effective price of Rs. 501; Rs. 594 plan with unlimited calls, 90GB data for 6 months

Earlier this month  at the annual AGM Reliance Jio chairman introduced JioPhone offer dubbed as “Monsoon Hungama” that allows feature phone users exchange their phone for a new JioPhone at an effective price of Rs. 501 instead of paying the full amount of Rs. 1500. Today the company has announced more details about the offer and also introduced a special plan for these users. How does it work? Under the Monsoon Hungama exchange offer Jiophone will now be available at effectively Rs 501. Additionally, Rs 501 is also a 100% refundable security deposit at the end of 3 years, thereby making the JioPhone effectively fre. This Rs 501 offer can be availed instantly at the retail point, on exchanging any old 2G/3G/4G (non-VOLTE) phone. Customers should ensure that the old phone that is being exchanged must be in working condition and with charger. The old phone must be handed over to the retailer at the time of the new JioPhone purchase Handset must be in working condition without any damage/missing parts or broken/burnt parts and should be sold in the last 3.5 years (1 st Jan’ 2015 onwards) JioPhone or any CDMA or operator locked devices WILL NOT be accepted for ...