Vodafone India has extended its partnership with Micromax to announce cashback offers on company’s entire range of entry-level smartphones. Under this offer, users can avail cashback benefits on Micromax handsets including Bharat 2 Plus, Bharat 3, Bharat 4 and Canvas 1.
All new and existing customers can avail this offer, though one has to do a recharge of at least Rs 150 per month of 36 months. The recharge could be of any denomination totalling to a minimum of Rs 150 per month. Once you qualify this term, you will get a cashback of Rs 900 and after another 18 months, a cashback of Rs 1,300 respectively, thus availing a total cash back of Rs 2,200. The cashback will be credited to their Vodafone M-Pesa wallets.
So, this should technically bring down the cost of the smartphone. After the cashback, the Micromax Bharat 2 Plus, which comes with a market operating price (MOP) of Rs 3,749, will come at an effective price of Rs 1,549. Similarly, Bharat 3 will come with an effective price of Rs 2,299 (MOP Rs 4499), Bharat 4 for Rs 2,799 (MOP Rs 4999) and Canvas 1 will come with an effective price of Rs 3,799 (MOP Rs 5999).
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Earlier, Vodafone partnered with Micromax to launch the Bharat 2 Ultra at an effective price of Rs 999. However, in this case, all existing and new Vodafone customers will have to buy Micromax Bharat 2 Ultra for Rs 2899 and one has to do a minimum recharge of Rs 150 per month for 36 months. At the end of 18 months, users will get a cashback of Rs 900 and after another 18 months, users will get a cashback of Rs 1000. This brings the down the cost of the device to Rs 999. Further, the cashback amount will be credited to Vodafone M-Pesa wallets.
After this, all the user needs is an assued buyback for an upgrade, and we imagine we might have a really big change in the market.