Coming to Intex's Aqua Lions N1 first, you'll need to make a down payment of Rs 3,149 while purchasing the smartphone.
However, in order to get the refund of Rs 500 after 18 months, they will need to make minimum recharge of Rs 3000 within 18 months, and then again Rs 3000 worth of recharge in the next 18 months to avail the next Rs 1000 refund.
Aqua Lions N1 features a 4-inch WVGA display, 1.1GHz MediaTek processor, 1GB RAM/8GB onboard storage (up to 64GB expandable storage via microSD card), 2MP rear camera & 0.3MP front camera and 1400mAh battery.
Vodafone India, for example, has tied up with mobile handset firm Micromax to launch a 4G smartphone at an "effective price" of Rs 999.
If the Aqua Lions N1 interests you, the deal is to pay Rs. 3,149 for a handset that's priced Rs. 3,799 and a Rs. 1,500 cashback will be offered to bring the effective cost of the device down to Rs. 1,649. The phone comes with an 8GB of internal storage that can further be expanded up to 128GB with the help of a microSD card. It has a 5MP primary camera on the rear and a 2MP front shooter.
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Airtel on Tuesday announced a partnership with Intex to bundle data and calling benefits with select smartphones. Whereas customers buying the Intex Aqua A4 and Aqua S3 will have to make a down payment of Rs3,499 and Rs 5,879 respectively. On the photography front, it gets a 5-megapixel rear camera and a 2-megapixel selfie shooter.
If the customers do not want to recharge with Rs. 169 plan, they have the flexibility of doing recharges of any denomination.
Airtel is aggressively expanding its partnership with domestic handset manufacturers to launch smartphones under 'Mera Pehla Smartphone' initiative. However, to claim the cash refund benefit, recharges worth Rs 3000 must be done within the first 18 months (to claim the first refund instalment of Rs 500) and another Rs 3000 over the next 18 months (to claim the second refund instalment of Rs 1000). All the three smartphones run Android 7.0 Nougat and comes preloaded with apps such as MyAirtel App, Airtel TV, Wynk Music. Additionally, at GoogleForIndia event, the search giant said that JioPhone will get Google Assistant very soon - with that, JioPhone will become the first ever feature phone to come with Google Assistant.
The stock hit an intraday high of Rs. 492.6 and intraday low of 479.95.