Telecom major Vodafone has inked a pact with Micromax
to roll out a 4G smartphone
at an effective price of Rs 999. Dubbed as Micromax
Bharat-2 Ultra, the smartphone will go on sale in November.
As per the company's offer, one will have to buy the smartphone at Rs 2,899 and will have to recharge their new or existing Vodafone numbers with a minimum denomination of Rs 150 every month for three years.The buyer will get a cash back of Rs 900 at the end of 18 months and a cash back or Rs 1,000 after the next 18 months in Vodafone "M-Pesa" wallet, thereby making the effective price of the handset Rs 999.
The smartphone is powered by Spreadtrum SC9832 1.3 Ghz quad core processor coupled with 512 MB RAM and 4 GB internal storage. The device sports a 4-inch WVGA display, a 2 megapixel rear camera and a 0.3 MP front camera. The handset runs on Android Marshmallow operating system and houses a 1,300 mAh battery.
Here is how to the Vodafone cashback scheme works:
The customers can buy the Micromax
Bharat-2 Ultra smartphone by making a down payment of Rs 2,899
Step 2: To avail the cashback, which is valid only for existing and new Vodafone subscribers, customers need to make a recharge of any denomination that sums up to minimum of Rs 150 per month for 36 months
Step 3: After 18 successful recharges per month for 18 months, users will receive a cashback amounting to Rs 900 in their Vodafone M-Pesa wallet, and another Rs 1,000 after completing 36 months
Other details of the offer:
Bharat-2 Ultra smartphone comes with no binding terms and conditions and, therefore, allows customers to use the smartphone with the network operator of their choice. But to avail the cashback offer from Vodafone, user need to use the Vodafone SIM card to register the phone and fulfil Rs 150 monthly recharge condition.
The smartphone will be available at stores and Vodafone stores from the first week of November.