Samsung Galaxy S5 now available for Rs 34,000 under buyback offer

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Samsung has announced yet another offer for the Galaxy S5, wherein you will be able to buy the flagship device for as low as Rs 34,000. This scheme however is only applicable for those who trade in a Galaxy S3. As a part of the deal, the company is offering a staggering 34 percent discount on the retail price of the Galaxy S5 (Rs 51,500).

Earlier this month, Samsung had introduced a buyback offer, wherein the Galaxy S5 could be bought for Rs 44,000, instead of its launch price of Rs 51,500. Additionally, the company has also been enticing buyers by offering free vouchers worth Rs 5,000 on its India eStore, and other freebies including apps and services along with the phone.

While Samsung India chose to deny it, the Galaxy S5 is already available at much lower price points on Indian e-commerce portals. Recently the phone was available for Rs 39,925 online. Samsung however has claimed that it has not slashed the price for the Galaxy S5 and is still selling it for Rs 51,500.

Samsung has been struggling to sell the Galaxy S5 in India since its launch. In fact the Indian management was under a lot of pressure from the top management in its Seoul office. The pressure and some management changes also resulted in the company’s country head for mobile business Vineet Taneja putting in his papers. He will be heading to Micromax to take the post of the CEO.