You can now rent select Samsung smartphones in India
Last updated: November 16th, 2019 at 00:40 UTC+01:00
The model of subsidizing smartphones through carrier contracts doesn't exist or work in many markets around the world, and that includes India likewise. This makes it difficult for most customers in the subcontinent to purchase flagship smartphones, resulting in lower sales for established brands similar Samsung, Apple tree, and others.
To overcome this challenge, Samsung has been offering many of its products on easy monthly installments to customers. It appears the company is now experimenting with a rental selection equally well with select devices on its Indian website displaying a 'Rent at present" option. The Korean tech giant seems to have added this option towards the terminate of September this year in partnership with Rentmojo, an online rental first-upwards in which Samsung Ventures invested recently.
The entire smartphone rental process is handled by Rentmojo and is currently available only in Bangalore, Delhi, Gurgaon, Bombay, Noida, Chennai, Hyderabad, and Pune cities. Even in these cities, Galaxy S10/S10+, Note 10/10+, Note 9, and Milky way A70 are the only Galaxy smartphones available on rent as of now.
An expensive option
Understandably, the RMI (Rental Monthly Installment) varies by models and the length of the rental subscription. For case, y'all can rent a Galaxy Notation x in Bangalore at Rs. 5,549/calendar month (~$77) for a minimum delivery of half dozen months. The per calendar month rental payment drops to Rs. 4,249 (~$lx) and Rs. three,949 (~$55) if you opt for 12 and 18-month subscriptions, respectively. In each of these cases, customers have to pay a refundable eolith of Rs. viii,498 (~$120).
In the in a higher place scenario, if you pick the 18-month programme, the full rental payment comes to Rs. 71,082 (~$990), which is more the retail price (Rs. 69,999) of the Galaxy Note 10 in Republic of india. At that place is a cancellation fee if yous choose to end your subscription before the agreed duration.
Conspicuously, renting a smartphone is not a skillful financial determination for most users. But for those who are interested, the process is relatively simple: select the product and the duration, pay the refundable eolith, and receive the product once your profile is verified. The rental service comes with a 7-twenty-four hour period free trial and a free upgrade to the latest model after 12 months. If any of this sounds appealing, you can get here to rent a Galaxy smartphone.
Source: https://www.sammobile.com/news/rent-select-samsung-smartphones-in-india/
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