If a customer buys this phone on EMI and is unable to pay his installment, then the device lock option will be restricted to the user. live Has put the related information on the notification panel, where the lock option is highlighted. This feature of device lock is only for those JioPhone Next Units, which will be purchased on EMI. Those who buy it by paying full money, they can be expected not to face such trouble in future.
However, Jio Phone Next is not the first such device in the market, which will not allow the user to access the phone if the EMI is not paid. Many finance companies and private money lenders of the country have also started using such solutions on the phones purchased through them,
Gadgets 360 has learned that Jio has self-developed the device lock solution present in the JioPhone Next to avoid incidents of bad loans due to non-payment of EMIs in the future.
At the same time, unlike regular EMI, Jio has added installments for JioPhone Next with its prepaid plans. In this way, buying a phone on EMI of 24 months will have to pay up to Rs 300 per month and on EMI of 18 months up to Rs 600 per month. Data and voice call benefits are also offered in every plan.