BUSINESS
Reliance Jio has now announced a new cashback offer of Rs 500 for its JioFi and postpaid customers. Starting today, customers who purchase a JioFi dongle along with a new postpaid connection will be entitled to the cashback. This brings down the effective price of the device to Rs 499. The JioFi data card is available for purchase from Jio Store, Amazon India and Flipkart.
Reliance Jio has now announced a new cashback offer of Rs 500 for its JioFi and postpaid customers. Starting today, customers who purchase a JioFi dongle along with a new postpaid connection will be entitled to the cashback. This brings down the effective price of the device to Rs 499. The JioFi data card is available for purchase from Jio Store, Amazon India and Flipkart.
Under this offer, customers need to buy the device and a new postpaid SIM card and opt for a postpaid plan of minimum Rs 199, and pay the bill for 12 months respectively. After one year, customers will get the Rs 500 cashback in the form of credit which will be adjusted against the next bill cycles.
The new offer comes shortly after the firm announced the Jio Oppo Monsoon Offer, under which Jio subscribers who buy the new OPPO device on old or new Jio SIM, can avail the benefits.
Under the newly-launched Jio Oppo Monsoon offer, the company is offering instant cashback benefits of Rs 1,800. The customer will also get Jio money credit upto Rs 1,800 in three equal tranches of Rs 600 each. However, they will only be available after 13th, 26th and 39th recharge. The customer will also get Rs 1,300 worth discount coupons from MakeMytrip.
The offer started from June 28 and is available on the recharge plans for Rs 198 and Rs 299 plans. Jio which had 100 million users on February 2017 has doubled its customer base on May 2018. This is primarily owing to Jio's data packs at aggressive price points which have ensured other telcos too also follow suit. Bharti Airtel is India's most popular telecom company with nearly 31 crore users.
Jio users are currently using 9,700 MB data which is far greater than the market average. Jio which started commercial services on September 2016 has been getting 7-8 million new users every month, as per report, far greater than that of its competitors. However, Jio continues to be the second choice for most consumers based on mobile number portability data.
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