How to buy Rs 1 lakh priced iPhone X without burning a hole in your pocket?
Posted on: 14/Sep/2017 12:27:25 PM
Here comes iPhone X as a pleasant surprise to all Indian Apple customers. Among the first list of countries that will receive iPhone X, India is one. Starting from October 27, the pre-booking for iPhone X will begin. Even before this, the launch of iPhone 8 and iPhone 8 Plus are set and starting from tomorrow, the 15th September, this device shall be shipped to buyers starting from 22nd September.
iPhone X price
Coming on to the price, Apple announcement states that the phone shall be priced for Rs 89,000 for its 64GB variant whereas the price of its 256 GB variant will be Rs 1,02,000, thus crossing the dreaded Rs 1 lakh pricing!
In spite of the ginormous pricing of the device, there are definitely going to be a number of buyers. There are several options for them to buy anyway.
Price cut with old iPhone exchange
If you are an existing iPhone user, you may get it exchanged and obtain a good price cut on the new handset. As you know, iPhone models come with excellent resale value and models beyond iPhone 6 may reap you with up to Rs 20,000 resale value.
EMI options
There are a number of EMI options available for you. The official online reseller of Apple phones is Flipkart, as per its announcement made last year. So, Flipkart offers a lot of EMI options for most of the Indian banks. Installments of the range 3 to 36 months are available.
Last year, it was announced that the official e-tailer of iPhone is Flipkart. At present, there are about 12 banks providing these EMI options on Flipkart to buy 256 GB variant of iPhone 7.
Options with American Express credit cards
Those who have American Express credit card can avail the device at 12 percent per annum interest rate. When one wants to split the payment for 3 months, an extra of Rs 1,525 will thus be imposed. The maximum number of instalments they can enjoy will be 12 for which an extra of Rs 5,030 will be imposed in addition to the selling price.
SBI credit card holders
For SBI credit card holders, a similar 3 to 12 months instalment plan is applicable. The extra amount you will have to pay for 3 months instalment will be Rs 1,780 whereas in case of 12 months EMI, it will be Rs 5,885 extra in addition to the Rs 75,999 price tag.
ICICI credit card holders
There is a benefit with ICICI credit card holders as they can extend their EMI for up to 3 years. For a 3 months instalment, they will have to pay Rs 1,652 extra whereas in case of 36-month EMI option, the extra amount to be paid will be Rs 17,509, thus extending the price of the device to Rs 93,509.
As the starting price of iPhone X is Rs 89,000, the overall amount to be paid for the 64GB model will be beyond Rs 1 lakh.
