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iPhone SE gets amazing price cut in India through cash back offer

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The cashback will take up to 90 days to get credited. 

If you are one of those wallet conscious smartphone buyers with an irresistible urge to get your hands on an iPhone but has been putting off the decision every time you see the price tag, we have a good news for you.

According to reports, Apple authorized offline dealers are selling the 4-inch iPhone SE at an irresistible price of Rs. 19,999 ($305) for the 16GB version and the 64GB version for Rs. 25,999 ($397).

The offer can be availed by customers by paying using credit and debit cards and they will get a Rs. 5,000 ($76) cashback after the purchase.

The heavy price cut on iPhone SE has not yet been confirmed by the Apple authorities and the official price of the devices are still shown as Rs. 39,000 ($595) for the 16GB variant and Rs. 44,000 ($671) for the 64GB version.

The huge discount offered to iPhone SE in India is seen as the movie of Apple distributors to sell the maximum units of the not-so-popular-handset by the close of the financial year.

The iPhone Se 16 GB variant is currently sold for a price of Rs. 24,000 and now with the additional cash back of Rs. 5000, customers can buy it for a price as less as Rs. 19,999 ($305).

The cashback offer on iPhone SE, that started on Friday will be available all through this month until the 31st of March and almost all bank credit and debit cards can be used to avail the exciting offer.

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.

It should be noted that the dealers are not offering an instant cash back and it will take up to 90 days before the amount gets credited to the account of the buyer. Adding to this, the cashback is not applicable to customers with AmericanExpress cards and also those who seek EMI-based payment.

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.