Ahead of the Diwali festive season, Reliance Jio has announced a 100% cashback offer on all prepaid recharge plans of Rs 149 and above along with a long-term validity plan of Rs 1,699. The scheme called ‘Jio Diwali 100% Cashback Offer’ is both applicable for new and existing customers.
The new move may be Reliance’s Jio’s attempt to keep its customers from migrating to other telecom networks. Last Diwali, the company came up with a similar 100% cashback offer on every recharge of Rs 399 in the form of 8 vouchers worth Rs 50, which can be redeemed at one time against Jio recharges.
Reliance Jio Diwali 100% Cashback Offer:
Under this offer by the Mukesh Ambani owned telecom operator, customers will be getting 100% cashback offers upon recharge of 149 or above. The cashback will be given in the form of Coupons which can be found in the MyCoupons section of MyJio. Also, these coupons can be used at Reliance Digital or Reliance Digital Xpress Mini stores on a minimum purchase of Rs 5,000.
The Jio Diwali 100% cashback offer is available through online platforms like MyJio, Jio.com as well as offline channels like Jio retailer, Reliance Digital Store. It is only applicable to Jio Prime members. The applicable plans are: Rs 149, Rs 198, Rs 299, Rs 349, Rs 398, Rs 399, Rs 448, Rs 449, Rs 498, Rs 509, Rs 799, Rs 999, Rs 1,999, Rs 4,999 and Rs 9,999,
It is to be noted that external hard disk drives from brands like Seagate, Western Digital, Sony, Lenovo smartphones from Xiaomi and Samsung, tablets from Samsung are some of the items excluded from the cashback offer. Also, the coupon cannot be used for gift vouchers of Cleartrip, KFC, Book My Show, and Google Play. And this offer is for prepaid recharge only.
How does the Cashback offer work?
As mentioned above, the cashback will come in the form of coupons. Recharges above Rs 799 will get more than one coupon and while recharges under that are limited to just one coupon whose price differs according to the recharge values. Like at a recharge of Rs 1,699 you will be getting three coupons of Rs 500 and one coupon on Rs 200. Similarly, recharge of Rs 999 will come with two coupons of Rs 500 each, Rs 1,999 will give four coupons of Rs 500 each, ten coupons of Rs 500 for a recharge of Rs 4,999 while recharging with Rs 9,999 will give you twenty coupons of Rs 500. Refer to the table below for more details.
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|Recharge Amount||Coupon Value||No of Coupons|
Reliance Jio Rs 1,699 Annual Plan:
The new offer will also give 100% cashback to the customers and will be available from October 18 and November 30, 2018, and the coupons received from this offer must be redeemed on or before December 31. This is the third annual plan from the company, the other ones being Rs 4,999 and R 9,999. However, the Rs 4,999 and Rs 9,999 plan do not come with a daily data usage limit.
Under the new plan, Reliance Jio is offering 547.5 GBs of data with a daily usage limit of 1.5 GB per day after which the speed will decrease to 64 Kbps. Additionally, it will offer unlimited local, STD and roaming calls along with 100 SMS per day. In its validity of 365 days, customers will also get the subscription to Jio apps like JioMusic, JioTV, JioCinema, JioMags and more.
Reliance Jio on Wednesday reported a post-text profit of Rs 681 crore for the September quarter on increase in revenue and new subscriber’s additions crossing 252 million, an addition of 37 million subscribers in Q2 2018. The Reliance Industries owned brand previously reported a loss of Rs 271 crore in the year long period and profit of Rs 612 crore in the preceding quarter. The operating revenue saw an increased 13.9% to Rs 9,240 crore while the pre-tax profit went up to 19.6% to Rs 2,042 crore. Its operating margin stood at 38.7%.
The average revenue per user (Arpu) which is the usually used profitability metric in the telecom industry, declined marginally from Rs 131.7 to Rs 134.5 in June quarter attributed to the head of the strategy, Angushman Thakur who focused on the higher adoption of feature phones currently going for an introductory price of Rs 99.
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Jio 100% Cashback FAQ:
Q: Are non-Jio Prime users eligible for this offer?
A: Nope. You need to recharge with Jio Prime subscription to be able to get the benefits of the offer. It costs just Rs99 a year.
Q: I have a plan running currently on my Jio number. Can I still avail the offer?
A: Yes, you can still avail. Just recharge normally anytime in the given offer period, and the plan will get activated after your current plan is over. You will get the cashback as per the offer too.
Q: Will I get the benefits if I recharge my Jio number from a local mobile recharge shop?
A: Nope. You will only get the benefits if you recharge online or from authorized Jio Retailers. Point to be noted, if your local mobile recharge shop is an authorized Jio retailer, then you will get the benefits. To be on the safe side, recharge online.
Q: Can I get the benefits if I recharge using 3rd Party platforms like PayTM, Mobikwik, PhonePE, Amazon Pay etc?
A: Yes, you will get the benefits as per the offer.
Q: Can I use two Jio sims in a single mobile?
A: Yes, but your device should support dual-VoLTE. It is a hardware specific feature.
Jio Diwali 2018 100% Cashback Offer Terms and Conditions:
Here are the detailed terms and conditions for this offer, given below. Click on the picture to view in full screen.
Reliance Jio has certainly outdid itself compared to last year’s offer which only offered 100% cashback with only one recharge of Rs 399. The company itself has managed to leap a ranking which now is the third largest telecom operator after Bharti Airtel and Vodafone-Idea.
Thank You for reading our article on the details for the Jio Diwali Offer. I hope all your doubts regarding the offer is cleared. If you still have questions, feel free to highlight them in the comments section below.
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That’s all for now. We will be back with another interesting update. Till then, stay tuned!