Vodafone Idea has partnered with Home Credit India, an international consumers finance provider, to provide a new smartphone with a down payment of just Rs 799.
Under this offer, Vodafone Idea prepaid customers can buy a new 4G smartphone with a bundled 180 plan. Customers can opt for a 4G smartphone by simply paying a down payment of Rs 799. The company has claimed that customers who are opting for this offer can buy smartphones that are priced up to Rs 15,000.
The company is also claiming that it offers a much lower down payment option than the market norm of down payment of 30-40 per cent of handset value. As per the company, if a customer is opting for a smartphone that will cost around Rs 5,000, he/she has to pay only Rs 799 as compared to the regular price of Rs 1,500-Rs 2,000. However, the company has not revealed whether customers can get a smartphone with a zero per cent interest rate or not. Additionally, the company has revealed that how much interest rate will Home Credit will charge, if a customer uses this offer.
Furthermore, it is not clear that the offer is valid for all smartphone brands or it is restricted to some of them. The company has revealed that the offer is available across 179 cities, where the Home Credit India operates and it has a point-of-sale network of 29,000. But still it is not clear what will be the process of getting a new smartphone by paying a down payment fee of Rs 799 and it still remains a mystery.
Coming to the bundled offer, customers will get unlimited voice calls on the local and national network along with free 100 SMSes. Users will also get free national roaming and the plan comes with a validity of 180 days.
The company has specified that only prepaid customers can avail this offer, but what about its postpaid users? Why the company has introduced a similar offer to its postpaid customers? Furthermore, is the offer meant for only existing Vodafone Idea customers or new customers can also avail this offer? These are some important questions that are left unanswered by the Vodafone Idea.