Samsung India has announced a new ownership program called ‘Stay New’, wherein buyers can get one of the Galaxy smartphones or tablets under EMI or buyback schemes. The South Korean company has partnered banks like HDFC, ICICI, Citibank and Standard Chartered for this program and the eligible devices include the Galaxy Note 3, Galaxy Note 2, Galaxy S4, Galaxy S4 mini, Galaxy S III, Galaxy Tab 3 and Galaxy Tab 10.1. Also Read - Samsung Galaxy Watch 4, Galaxy Buds 2 Maison Kitsuné Edition launched: Here’s the first look
Under this new ownership program, one will be able to purchase a new device at easy EMI schemes, like a Galaxy S4 on an 18-month EMI scheme by paying Rs 2,466 per month or a Galaxy S4 mini for about Rs 1,500 per month. Also Read - Samsung Galaxy Z Flip 3 Bespoke Edition in-pics: This is the most customisable Galaxy device you can get
Additionally, Samsung has also introduced a buyback scheme in partnership with Ingram Micro, wherein a Galaxy smartphone or tablet owner will be able to upgrade to a newer device by exchanging their old devices within six to twelve months of buying the device. One can call Ingram Micro and the distributor will evaluate and offer a price for the old Galaxy smartphone. It is not clear how it would be better than selling the smartphone in the open market, which usually offers a better price.
Samsung’s Stay New program will begin tomorrow and will be applicable till March 31, or until stocks last. You will be able to find more details about this scheme from tomorrow on Samsung’s India e-Store.
This is not the first time the company has provided such schemes to boost sales in the country. After the success of Apple’s buyback schemes, Samsung introduces a slew of offers on its flagship devices like the Galaxy S4 and the Galaxy Note II among others.