If the dealers are looking at maximum sale by the end of this financial year, we might even see a bigger cut in the price of SE or, even on other models of iPhone. However, retailers are now selling both the variants with Rs 5,000 cash back on purchase using a credit or debit card, taking the prices to a new low. Apple authorised resellers are selling the iPhone SE at the said price and also the 64GB model at Rs 25,999. The news was first broken by Kerala-based retailer, @itnetinfocom (via Tech PP), and later Gadgets 360 had confirmed the price cut on the iPhone SE.
The iPhone SE offer for cashback offer kicked of on Friday and will be available till March 31. The prices are only for customers buying the smartphone using their credit or debit cards. According to the terms and conditions, the cashback will be credited to a customer's accounts on or before 90 days of the purchase.
Buyers with credit cards issued by following banks are eligible for cash back offer of Rs. 5000 ($76): Axis Bank, Citibank, HDFC Bank, HSBC, ICICI Bank, IndusInd Bank, Kotak, RBL Bank, SBI, Standard Chartered, UBI, and Yes Bank.
This promotional offer on iPhone SE which has a 4-inch screen is targeted to the users who want to use the iPhone with a compact screen. The device is offered in two storage variants - 16GB and 64GB. The 16GB iPhone SE had been going for between Rs 27,000 and Rs 29,000 recently, and now retailers are offering it for as low as Rs 24,999 with the Rs 5,000 cash back dropping the effective price to Rs 19,999. This means the 16GB variant will take on OnePlus 2 (Rs 19,999 for 16GB ROM, 3GB RAM), LeEco Le Max 2 (Rs 19,899), Xiaomi Mi Max Prime (Rs 19,999), Moto M (Rs 17,999 for 64GB ROM, 4GB RAM), Asus Zenfone 3 (Rs 18,999) and other devices priced under Rs 20,000.
The device features a 4-inch retina display with 1,136x640 pixels (326 ppi pixel density), Touch-ID fingerprint sensor in the home button, an A9 chip, and an iOS 9.3 operating system. With a 12-megapixel iSight rear camera with dual tone LED flash and a 1.2-megapixel selfie snapper, the smartphone is fueled by a 1,715mAh battery. This offer coincides with the general price cut on the iPhone SE.
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