As announced by Reliance JioPhone Next With EMI options, DMI Finance today announced its partnership with Reliance Retail to provide digital finance options for its consumers across India. The partnership will begin with a loan for the recently launched JioPhone Next by Reliance Retail. The Delhi-based firm will offer paperless financing solutions to the consumer electronics customers of Reliance Retail at merchant locations across India. The loan tenure for JioPhone Next will be 18 and 24 months.
The sale of JioPhone Next has started from November 4 on Dhanteras across major retail outlets and on Jio’s website. Smartphones can also be bought from here ₹6,499. EMI options for smartphones start from here ₹300. with an additional down payment of ₹1,999
The JioPhone Next packs a 13MP rear camera and an 8MP selfie lens. The smartphone has a 3,500mAh battery. Google has developed Pragati OS exclusively for JioPhone Next which will also make its debut with Next. The smartphone is powered by Qualcomm chipset.
JioPhone Next targets first-time smartphone users and those looking to shift from feature phones to the smartphone ecosystem. Next supports WhatsApp, Facebook etc. The smartphone will compete with Samsung, Xiaomi and Realme in the Indian smartphone market.
“We, at DMI, are proud to partner with Reliance Retail to provide financing for a range of consumer electronics, starting with the JioPhone Next, that will enable access to a digital life for millions of Indians and Will bring them one step closer to realizing it. His dream of a more prosperous future,” said NBFC firm, DMI Finance.
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