Airtel Offers 4G Smartphone at Rs1399

Airtel Smartphone at 'Effective Price' of Rs. 1,399 Offers 4G 

The telecom operator detailed just how the Karbonn A40 Indian, which was launched back 
in July and is said to currently have a market price of Rs. 3,499, will be available at an '
effective price' of Rs. 1,399. Customers will need to make a down payment of Rs. 2,899
 for smartphone, and then make a minimum amount of recharges over the course of three
 years to receive cashbacks totaling Rs. 1,500. Subtracting the cashback from the down
 payment for the phone gives the smartphone an 'effective price' of the Rs. 1,399. The
 'cash refunds' will be made in the form of payments to the user's Airtel Payments Bank 
The obvious catch here is of course what the minimum recharges are to avail the above
 mentioned cashbacks. Users will need to make recharges worth at least Rs. 3,000 in the
 first 18 months to avail a Rs. 500 cashback, and then make recharges worth at least the
same amount over the next 18 months to avail a Rs. 1,000 cashback. Users will have to
 make recharges every month to be eligible for the cashbacks.
While Airtel mentions users can make recharges of any denomination, the company is 
offering a bundled plan of Rs. 169 per month to ostensibly simply the eligibility. Rs. 169
 over 36 months totals to Rs. 6,084. The Rs. 169 recharge has a 28-day validity, and offers
 unlimited calling (subject to a fair usage policy) and 0.5GB of high-speed data a day. For 
handsets other than the Karbonn A40 Indian, the plan will have a 14-day validity.