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Mukesh Ambani launches 4G enabled handset which effectively costs ₹​ 0

The suspense behind the 4G enabled phone developed by Jio was finally unveiled on Friday. Although the phone is effectively free of cost it does come with a security deposit of Rs 1500, which is entirely refundable after 3 years. A lot of the attention is being bestowed upon the “effective price” of Rs. 0 that Mukesh Ambani announced at the event, which – coupled with the features that the Jio phone boasts of – makes it a deal worth checking out for all feature phone users. But that’s not all, as the company also launched a dedicated Rs. 153 Jio plan for JioPhone buyers that provides them all the benefits of the plans released for smartphones, but at roughly half the price.

According to RIL chairman Mukesh Ambani’s statement, this Rs 1,500 deposit is to ensure there is no “misuse of the free phone”. Also, the Rs 1500 deposit is totally refundable, and a user can get back this amount after three years of using the phone. Of course, you will have to return the used Reliance JioPhone as well.

The new Rs. 153 Jio recharge pack with 28-day validity offers unlimited 4G Internet access; high-speed Internet is limited to 500MB per day, after which the speed would drop. SMSs, and calls are free on the network with this pack, and users will also get access to Jio apps. The plan should be available to purchase on August 15 for beta testers of the device.

Jio Phone TV-Cable

The Rs. 153 plan, however, was not the only one announced for the Jio phone – there is another plan that comes with a bundled accessory. The accessory is the JioPhone-TV Cable, which can mirror content playing on apps such as JioTV and JioCinema on the phone onto a TV. This cable will be play to play videos on both modern and legacy CRT television sets. Subscribers of Jio Dhan Dhana Dhan Plan, who pay Rs. 309 every month, will be able to use the service via the Jio Phone TV-Cable.

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